NWT Direct Access Trading |
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SELECT PRODUCTS & SERVICES |
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Deposits & Withdrawals - Wedbush Morgan
Clearing |
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NWT
provides a
variety of ways to fund your account through our
clearing firm, Wedbush Morgan Securities. While most
deposited funds are available to trade with the
business day they are received, some, such as
initial personal checks sent to fund a new
account, require a ten (10) business day hold
before trading or withdrawal is possible.
IMPORTANT NOTE FOR IRA DEPOSITS:
Each deposit into an IRA account must
be accompanied by an
IRA Deposit Slip.
Without this document, the deposit will be
returned. |
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Check Deposits |
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NWT Financial Group accepts personal
checks, bank checks, and cashier checks
(bank and cashier checks are only accepted
for domestic accounts). We do not accept
money orders, credit card checks, third
party, or traveler's checks. A third party
check is any check that is drawn on an
account with a name that is not identical
to the name on your NWT Financial Group
account or any check that is not made
payable to Wedbush Morgan Securities. |
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Mail Checks to: |
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Wedbush Morgan Securities |
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1000 Wilshire Blvd., 8th Floor |
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Los Angeles, CA 90017 |
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Make checks payable to "Wedbush
Morgan Securities" and
write your NWT Financial account
number in the memo section. |
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Wire Deposits |
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Sending a wire is the fastest way to fund your
NWT Financial Group account as wires are usually
received the same day from your financial
institution (international wires may take
longer). We charge no fees for incoming wires. |
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Bank Name: |
Bank of New York |
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ABA # of Bank: |
021000018 |
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SWIFT (foreign only): |
IRVTUS3N |
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Beneficiary Name: |
Wedbush Morgan Securities |
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Beneficiary Account: |
8540900001 |
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Your Name: |
Your name as it appears on your account
statement |
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Your Account #: |
Your NWT Financial account number |
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Automated Clearing House (ACH) |
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ACH is
a fast, free way to electronically deposit funds
into your NWT Financial Group account directly
from your checking or savings bank account.
To use ACH, please contact your NWT
representative at 1.877.644.1112. Once you
have set up an ACH relationship, to submit an
ACH deposit request online, please email
jeff@nwtfinancialgroup.com.
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Bank of New York |
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ABA #021000018 |
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Credit (client’s name) |
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Account number |
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(THE ACCOUNT NUMBER IS A REQUIRED 17 DIGIT
NUMBER) |
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Forms & Applications |
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Margin Accounts & Rates |
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