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How does Charles Schwab handle ACH transfers involving digital currencies?

avatarArkharisDec 25, 2021 · 3 years ago1 answers

Can you explain how Charles Schwab handles ACH transfers that involve digital currencies? I'm interested in knowing the process and any fees or restrictions that may apply.

How does Charles Schwab handle ACH transfers involving digital currencies?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    When it comes to ACH transfers involving digital currencies, Charles Schwab has a process in place to ensure smooth transactions. To get started, you'll need to link your Charles Schwab account with a digital currency exchange or wallet. Once linked, you can initiate an ACH transfer from your Charles Schwab account to the exchange or wallet. The transfer will be processed through the ACH network, which typically takes a few business days. It's worth noting that Charles Schwab may charge fees for ACH transfers, so it's important to review their fee schedule. Additionally, there may be restrictions on the specific digital currencies that can be transferred. For the most accurate and up-to-date information, it's recommended to reach out to Charles Schwab directly or consult their official resources.