Answers to common account transfer questions | Vanguard (2024)

FAQs

How long does Vanguard take to transfer funds to a bank account? ›

You'll need to send us a secure message, including the amount you want to withdraw. We'll do the rest for you. The whole process takes around 5 working days to reach your bank account.

While you're not required to have a balance in your settlement fund at all times, keeping some money in the settlement fund has these advantages: You're more likely to have money to pay for purchases on the settlement date, when your account will be debited for the amount you owe.

An in-kind or ACAT transfer allows you to transfer your investments between brokers as is, meaning you don't have to sell investments and transfer the cash proceeds — you can simply move your existing investments to the new broker.

Funds available to withdraw

The money available to withdraw from your settlement fund, such as by transferring to your bank account or to another Vanguard account. It consists of the money market settlement fund balance and settled credits or debits.

This will help us verify your identity or bank account as quickly as possible. Once you've uploaded your documents, we'll start reviewing them as soon as we can. It can take up to 5 working days. If we need any extra information, we'll contact you as soon as possible.

You may not exceed more than $2,500.00 in transactions per day. You may access your account(s) by computer by logging into digital banking and using your credentials to: Transfer funds from checking to savings. Transfer funds from savings to checking.

The securities that underlie the funds are held by a custodian, not by Vanguard. Vanguard is paid by the funds to provide administration and other services. If Vanguard ever did go bankrupt, the funds would not be affected and would simply hire another firm to provide these services.

About Vanguard

Vanguard's mission is to "take a stand for all investors, to treat them fairly, and to give them the best chance for investment success."6 It prides itself on its stability, transparency, low costs, and risk management.

Pros and cons of gifting equities

Your gift can grow over time. You can gift existing stocks without paying capital gains tax (because you don't have to sell them). Future market gains will benefit the gift recipient. If the recipient has a low income, they may not need to pay capital gains tax when they sell.

You can buy and sell shares/stock in companies for whom Computershare is the transfer agent/registrar directly through Investor Center once you have signed up for an account. Computershare charges fees for these services.

Can I sell a stock and buy another immediately? ›

Absolutely, you can buy and sell stocks within the same trading day. This dynamic strategy, known as day trading, is an integral part of the financial landscape and serves as the lifeblood for many traders.

Any investor transferring money out of a given fund may not transfer money back into that same fund for 30 days. Fund purchases made through payroll contributions, loan payments or rollovers, or by any other means besides an exchange will not fall under this restriction.

When you sell funds, you'll need to wait for the trade to settle before you can withdraw the cash. This normally happens 2 to 4 working days after submitting your instruction.

To discourage excessive trading and protect the interests of long-term investors, mutual funds keep a close eye on shareholders who sell shares within 30 days of purchase – called round-trip trading – or try to time the market to profit from short-term changes in a fund's NAV.

If you've made a payment by debit card it can take up to 4 working days. This is part of the fund dealing process while your order completes and settles, so do not worry if your deal is showing as 'pending' for a few days.

There's no charge

Vanguard doesn't charge a fee for electronic bank transfers.