ACH Deposit Reversals

An ACH deposit typically takes up to 4 business days to settle. If the deposit is reversed before it settles, the following may occur:

• A $5 fee per reversal will be charged. This fee cannot be reversed.
• Your credit standing with Webull may be negatively affected, potentially leading to account closure in severe cases.

To avoid ACH deposit reversals, be sure to:

• Maintain Sufficient Funds: Ensure your bank account has enough funds to cover the deposit until it is deducted.
• Use a Personal Bank Account: Only use your own bank account for deposits. Avoid using someone else's account.
• Verify Bank Information: Confirm that your bank account supports standard outgoing ACH transfers and that the details you entered are accurate.
• Avoid Savings Accounts: Many savings accounts have transaction limitations and may not support ACH transfers. Confirm with your financial institution before making a deposit.

Common reasons for ACH reversals include:

• Insufficient Funds: The account lacks the funds needed for the transaction.
• Duplicate Transactions: The transaction was processed more than once.
• Rejection by the Bank: The bank declined the transaction for various reasons.
• Self-Initiated Recall: The transaction was recalled by the originator.

If you have questions regarding a reversal, please reach out to your bank directly, as Webull does not initiate reversals.