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What should I know about ACH transfer?

1) Link limit: For a new bank account, verification is needed before cash can be transferred. Each Webull account can be linked with only one bank account. 

2) Fees: ACH transfers are free. However, failed deposits will be charged a $5 reversal fee by our clearing firm. Deposits could fail for many reasons, such as insufficient account balance or wrong routing number. 

3) Transfer limit: A maximum of $50,000 can be deposited into your Webull account per day. 

4) Timing: Each transfer takes 4 - 5 trading days to complete. However, after a deposit, you will get provisional credit with buying power so you can start stocks and ETFs trading right away.

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