Q - How do I initiate a deposit from my linked bank account into my Alpaca Account?
- Log in to your Alpaca Account.
- Select Banking from the dashboard menu and click Transfer Money in the upper right corner.
- Enter the desired amount or choose one of the displayed options, and click Submit.
- Review the transaction details and click Confirm. To change the amount, click Modify.
- A confirmation window displays. Click Sounds Good to exit and return to your dashboard.
*ACH deposits/transfers typically take 1-3 business days to fully process. Once the ACH transaction is complete, the deposited funds will reflect in your Alpaca account on the following business day.
*Maximum ACH transfer allowed is $50,000 per day.
NOTE: BMO/Harris Bank partners with Electronic Transaction Clearing (ETC), Alpaca's clearing partner, to process all ACH transactions.