What Fidelity's wire transfer process looks like

Fidelity Investments accepts incoming wire transfers to fund your account and processes outgoing wires to move money to your bank. The process differs depending on whether you are sending money to Fidelity or asking Fidelity to send money out. For incoming wires, you provide your Fidelity account details to your bank; for outgoing wires, you request the transfer through Fidelity and they send the funds to a bank account you designate.

Fidelity does not charge a fee for incoming domestic wires, but outgoing domestic wires cost $25 per transaction. International wires carry higher fees — typically $35 to $45 for outgoing transfers, depending on the destination country. The exact fee appears on your request before you confirm it.

Wires typically settle within one business day if you submit them before the cutoff time, which is usually 4 p.m. Eastern Time on business days. Wires submitted after that time or on weekends and holidays process the next business day.

Key Takeaways

  • Incoming wires to Fidelity are free; you provide your Fidelity account and routing number to your bank and they initiate the transfer.
  • Outgoing wires from Fidelity cost $25 for domestic transfers and $35 to $45 for international ones, and you request them through your Fidelity account.
  • Most wires settle within one business day if submitted before 4 p.m. Eastern Time on a weekday.
  • You must have a verified bank account on file with Fidelity before you can request an outgoing wire.

How to receive money via wire into your Fidelity account

To receive an incoming wire, you need to give the sender your Fidelity account number and Fidelity's routing number. Fidelity's domestic routing number is 011000015. You may also need to provide your full name as it appears on your Fidelity account and sometimes a reference or memo line so the money reaches the correct account if you hold multiple accounts at Fidelity.

Your bank or the sender's bank may ask for Fidelity's wire address. Fidelity's wire receiving address is typically listed in your account settings under "Transfer & Pay" or "Bank Transfers," or you can contact Fidelity directly to confirm the current wire address for your specific account type.

Once the wire is sent from the other bank, it usually arrives within one business day. Fidelity credits the funds to your account as soon as they receive them, so you can see the deposit in your account history. There is no action required on your end once you have provided your account details to the sender.

How to send money out of Fidelity via wire

To request an outgoing wire from Fidelity, log into your account online or use the Fidelity mobile app and navigate to "Transfer & Pay" or "Move Money." Select "Wire Funds" and choose the account you want to wire from. You will then enter the receiving bank's details: the bank name, routing number, account number, and the account holder's name.

Enter the amount you want to wire and review the fee, which appears before you confirm. Fidelity will show you the exact amount that will be deducted from your account, including the wire fee. Once you confirm, the wire request is submitted and typically processes the same business day if submitted before 4 p.m. Eastern Time.

You can also call Fidelity's wire desk at 1-800-343-3548 to request an outgoing wire by phone. This route requires you to verify your identity and may take slightly longer, but it is an option if you prefer not to use the online platform.

What you need before you can wire money out

Fidelity requires that any bank account you want to wire to has been added to your account and verified beforehand. You cannot wire to a new bank account on the same day you add it. The verification process typically takes one to three business days and involves Fidelity sending small test deposits to the bank account you provide, which you then confirm in your Fidelity account.

You also need sufficient funds in your Fidelity account to cover both the wire amount and the $25 fee. If your account does not have enough money, the wire request will be rejected. Some account types, such as certain retirement accounts, have restrictions on outgoing wires or may require additional documentation.

Wire transfer limits and timing

Fidelity does not publish a single maximum wire amount, but individual accounts may have daily or monthly limits based on your account type and history. New accounts often have lower limits than established ones. You can check your wire limit in your account settings or by contacting Fidelity directly.

Wires submitted on Friday after 4 p.m. Eastern Time, or anytime on Saturday or Sunday, process on Monday morning. Wires submitted on a federal holiday do not process until the next business day. If you need a wire to reach the receiving bank on a specific date, submit it at least one business day before that date to account for processing time.

What happens if a wire fails or is delayed

If you provide incorrect bank details, the receiving bank may reject the wire and send it back to Fidelity. Fidelity will credit the funds back to your account, usually within two to three business days. You can then request a new wire with the correct information.

If a wire is delayed, check your Fidelity account history to confirm the wire was actually submitted. Wires that appear as "pending" or "processing" should complete within one business day. If a wire shows as submitted but has not arrived at the receiving bank after two business days, contact Fidelity's wire desk to investigate.

International wires can take longer — typically three to five business days — because they pass through multiple banks and clearing systems. Fidelity provides a tracking reference number when you submit an international wire; keep this number if you need to follow up on the transfer.

Frequently Asked Questions

Can I cancel a wire after I submit it?

If the wire has not yet been sent out of Fidelity, you may be able to cancel it. Contact Fidelity's wire desk immediately at 1-800-343-3548. Once the wire has left Fidelity's system, it cannot be cancelled, though the receiving bank may be able to reject it if you contact them quickly enough.

Do I pay a fee if I receive a wire into Fidelity?

No. Incoming domestic wires to Fidelity are free. You only pay a fee when you request Fidelity to send money out.

What is the difference between a wire and an ACH transfer?

A wire is faster and more expensive; it typically settles within one business day and costs $25 outgoing. An ACH transfer is slower and free or low-cost; it typically takes three to five business days. Use a wire when you need money quickly; use ACH for routine transfers.

Can I wire money to an international bank account?

Yes. You will need the receiving bank's SWIFT code (or BIC code) and the account holder's international bank account number (IBAN). International wires cost $35 to $45 and take three to five business days to arrive.

What if my wire was rejected by the receiving bank?

The receiving bank sends the wire back to Fidelity, which credits your account within two to three business days. Contact Fidelity to find out why the bank rejected it — usually it is because of incorrect account details, a closed account, or a mismatch between the account number and account holder name.