Invest Disclosures

Check and Electronic Funds Transfer Clearing Schedule

All holding periods are from date of funding.

Funding via Check:
– 3 business days to clear for trading.
– 10 business days before releasing funds from the account by check or ACH.
– 30 business days before releasing funds via wire or Automated Customer Account Transfer (ACAT).

Funding via Wire:
– 10 business days before releasing funds from the account.

Funding via ACH:
– 3 business days to clear for trading.
– 6 business days before releasing funds via ACH only to the bank account of origin.
- 60 calendar days before releasing funds via check, wire, or account transfer.

Funding via Automated Customer Account Transfer (ACAT):
- 60 calendar days before releasing funds via wire, check, or ACH.

Funding via Ally Bank - Ally Invest Transfers (OAT/RTT):
– One Ally Transfers made between 7:00 am and 3:55 pm (EST) are processed the same day and are usually available within minutes.

Proceeds from the Sale of Deposited Stock Certificates:
– Up to 30 days from the date of deposit of the certificates.

Penny Stock Procedures Regarding Availability of Funds and Securities:
Penny stock (share price of $5.00 or less) deposit procedures apply to physical certificates in penny stock companies deposited with our clearing firm, Apex Clearing Corp.

– Deposits certificates will be sent to DTCC for processing and will be monitored until DTCC has indicated that the security has cleared with the transfer agent.

- In some cases, Apex Clearing Corp may choose to send the security to the transfer agent to be transferred into the name of Apex Clearing Corp. In either case, the security will be restricted from trading at the account level until the transfer has processed.

- Any sale of the security initiated prior to receipt of the security and completion of the transfer process may be bought in at Apex Clearing Corp's discretion and any loss charged to the client.

- No journal entries to other accounts will be permitted until the transfer process has been completed. Ally Invest may request additional documentation such as proof of purchase or origins of the security.

- Exceptions may be granted if additional assets in the account mitigate the risk associated with the trading activity in these securities. Those exceptions will need to be requested of and granted by Apex Clearing Corp's management.

– Payment of proceeds will be restricted to check. Overnight delivery of checks to the client or correspondent is not available. Checks will not be issued to third parties.

– Please note: This policy does not currently apply to restricted stock transactions.

Check and Electronic Funds Transfer Clearing Schedule - Version 10 Updated 20240401