Automated Clearing House (ACH)
ACH is a fast, free way to electronically deposit or withdraw funds between your ChoiceTrade account and your U.S. checking or savings bank account. Once your account is
opened, you will have access to the clearing firm portal where you may link a U.S. bank account and deposit or withdraw funds. Incoming ACH's are limited to $5,000.00 in any 5 business day period.
- To use ACH you must first establish a banking link. After your account is opened, you will receive an email with instructions on how to log into the clearing portal. There you can select "Bank Setup" to enter your bank information.
- After your bank is linked, you perform ACH deposits and withdrawals using the appropriate ACH form.
IMPORTANT NOTE: In order to fund your account with a wire transfer, you must have a bank statement on file with ChoiceTrade from the bank and account where the wire transfer will originate. Your name and address on the bank statement must match the name and address on your Choicetrade account. Please do not initiate a wire transfer unless you have provided us with a correct bank statement. If the bank information does not match the wire transfer when it is received, your wire will be returned. No exceptions will be made to this requirement.
BMO Harris Bank, N.A.
111 West Monroe St., Chicago, IL, 60603
ABA # of Bank:
SWIFT (foreign only):
Electronic Transaction Clearing, Inc. Settlement Account
660 Figueroa Street, Suite 1450, Los Angeles, CA, 90017
For Further Credit To:
Your Name / Your ChoiceTrade Account Number (Beginning with “01”)
NOTE: You must include your ChoiceTrade Account Number on the wire document, or your wire will be returned.