How to Add Money to Your Etrade Account
Buy and sell stocks with E-Trade.
E-Trade is a popular financial services company for investors who want to invest online. The company supports trading in stocks, bonds, options and offers banking services like checking and savings accounts. E-Trade offers several ways for investors to deposit money into their accounts. The method you select depends on how fast you want to start trading.
Wire Transfer
Step 1
Open an account using E-Trade's online account application. The website states the application will take ten to twelve minutes. You will need your address, social security number, date of birth and employer name and address.
Step 2
Contact your bank and tell them you want to wire funds to your E-Trade account. You will need your name and address, the E-Trade account number and the amount of money you want to deposit.
Step 3
Direct your bank to wire the funds to your E-Trade account using this information for the wire transfer:
E*TRADE Clearing P.O. Box 1542 Merrifield, VA 22116 ABA Transit Routing Number: 056073573
Step 4
Verify that the funds have been deposited in your E-Trade account by logging into you E-Trade account. The funds should be in your cash balance available for trading. Wire transfers should be completed in one business day.
Free Electronic Transfer
Step 1
Open an E-Trade account as described in Step 1 above.
Step 2
Select "Transfer In" on your E-Trade account screen to electronically transfer money from your bank account. The first time you select this option, you will be required to enter your bank account information including account number, routing number and bank address.
Step 3
Enter the amount of money you want to transfer into your E-Trade account and the requested date of the transfer, then click on the "Transfer" button. The screen will verify your request for an electronic money transfer.
Step 4
Verify the funds have been deposited to your E-Trade account by checking your account online that the funds are available for trading or investing. Electronic transfers can take up to three business days.
Mail a Check
Step 1
Open an E-Trade account as described above.
Step 2
Write a check for the amount to deposit made out to E-Trade Clearing LLC. Write your E-Trade account number on the memo line.
Step 3
Send the check U.S. Mail or overnight service to E-Trade. The address for regular mail service is:
E*TRADE Clearing LLC P.O. Box 1542 Merrifield, VA 22116-1542
The address overnight delivery service is:
E*TRADE Clearing LLC 671 N. Glebe Road, 10th Floor Arlington, VA 22203
Step 4
Verify the funds have been deposited into your account through your online access. Mailing a check can take five business days to be deposited.
Tip
Wire transfer is the fasted way to fund an E-Trade account. The bank will charge a fee to send the money. E-Trade has no fee for inbound wire transfers. There is no charge for the electronic transfer method. A regular deposit schedule can also be set up with this type of transfer.
Warning
Do not make any stock trades until you confirm your account has been funded. E-Trade might unwind your positions at a loss if you trade and the money does not arrive in time.
How to Add Money to Your Etrade Account
Source: https://www.sapling.com/6224888/deposit-etrade-buy-sell-stocks