You may have noticed bank account transactions labeled with ‘Alpaca Securitie EMP PAYMNT PPD’. These transactions are directly related to your account with one of our trusted partners, for whom Alpaca acts as the clearing firm. We encourage you to review your account statements and transactions associated with your brokerage account and, if needed, reach out to our dedicated customer support team for any clarifications or assistance related to these transactions.
Why is there a transaction from ‘Alpaca Securitie EMP PAYMNT PPD’ on my bank account?
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