Available funds can be withdrawn from your Scottrade Bank account at any time using the methods listed below. Please note that savings and money market accounts are limited to six withdrawals per month.
Write a Check
Checks are available for Scottrade Bank checking and money market accounts and can be issued as payment at any institution that accepts checks.
When you withdraw funds using your Scottrade Bank ATM/debit card at a domestic ATM, Scottrade Bank does not charge ATM fees. Scottrade Bank will also reimburse you at the end of each month for any fees charged to your account by another bank or ATM operator.
Funds can be transferred from Scottrade Bank checking, money market and savings accounts to your Scottrade brokerage account or any registered external account.
Complete a Scottrade Bank Authorization to Wire Funds form and mail or fax the form to your local Scottrade brokerage office to initiate a wire funds withdrawal.
Go to the Banking tab of your Scottrade account and click Bill Payment from the left navigation menu to schedule one-time or recurring bill payments from a Scottrade Bank checking or money market account.
Scottrade Bank will not provide cashier's or bank-issued checks.
To transfer funds from a Scottrade Bank account into your associated brokerage account, go to the Banking tab and click Transfer Funds from the left navigation menu. Follow the Knowledge Center instructions for transferring funds.
Per Federal Regulation D, savings and money market accounts are limited to six transfers and withdrawals per monthly statement cycle. Please note that this limit does not apply to deposits or ATM withdrawals.