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What is the ACH transfer limit?

This limit includes the aggregate of all ACH deposits and withdrawals originated at the Company. Once a transfer is submitted successfully, it is assigned a status of "In Progress" and the corresponding dollar value is decreased from each of the selected accounts' transfer limit.

What is the E*Trade transfer limit?

E*Trade sets maximum initial transfer limit to $50,000 daily for new accounts. For all transactions between an external funding account and an E*Trade account, there is an aggregate transfer limit of $100,000 for each account. This limit includes the aggregate of all ACH deposits and withdrawals originated at the E*Trade.

What is the difference between ACH and E*Trade?

E*Trade has robust transfer limits, with a $100,000 transfer limit into or out of your account per day. ACH transfers use a clearing house to process the request, while fast, it’s not instant. It takes 2-3 business days between your E*Trade account and external accounts. This delay is the main drawback of using online transfers via ACH.

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