Account Funding Instructions


Incoming Funds

Electronically transfer funds to and from your checking account. ACH transfers typically post to your account within 1 business day and are available for no charge. There is a limit of $50,000 per day for all ACH transfers. To get started, download and complete the ACH Authorization Form. Attach a voided check to the completed form and send by fax or email to:
newaccounts@autoshares.com
800-670-0692 fax
AutoShares
New Accounts Processing
Reference Your Account #
Include ACH Authorization Form and Cancelled Check
* The minimum amount for ACH transfer is $100, incoming or outgoing.
* ACH Relationships cannot be established for UTMA/UGMA accounts.
* We hold all initial ACH transfers for an additional 5 business days.
* In the event that an ACH is reversed by NACHA, a $25 fee will be charged and the account will be asked to send funds via an alternate method (wire, cashier's check, or certified funds). Funds from ACH deposits cannot be withdrawn for a period of 5 business days due to our clearing firm's policy.

All wired funds are to be sent as follows:

   BMO Harris Bank

   111 W Monroe St

   Chicago, IL 60603

   ABA: 071000288

   SWIFT: HATRUS44

   APEX Clearing

   Acct 3713286

   FFC Customer Name and Account Number

* Typically the fastest method of funding your account. Wire transfers are usually received the same day that they are sent by your financial institution and will post to your account the day after they are received. * Funds will be returned if the funds are deemed Third Party (defined as any account other than one of the same name as the account title of your account) or if the account is not opened. * Incoming funds can only be sent in U.S. Dollars (USD$). We do not accept foreign currencies.

All checks are to be sent as follows:
Apex Clearing Corporation - C/O BPO
Attn: Treasury Department
2 Gateway Ctr, 16th Floor, 283-299 Market St
Newark, NJ 07102-5005
Reference Account # in Memo Field
Checks must be made payable to: Apex Clearing Corporation and Reference Your Account #
Checks require 5 business days for check clearance and processing.
Checks made payable to AutoShares WILL NOT BE ACCEPTED.
Important Note:
The firm is unable to accept the following funding types:
Any funding not made payable to Apex Clearing Corporation
Third Party Wires and Checks(defined as any account other than one of the same name as the account title held at AutoShares)
Traveler’s Checks, Credit card checks
Checks drawn against lines of credit or lines of equity
Cash, Money Orders, Temporary Checks, Unsigned checks
Cashier’s checks/Official checks for deposit to foreign accounts
Preprinted expiration dates on checks
Funds for accounts that have not been opened
IRA Funding not accompanied with an IRA Deposit Slip
Unverified Funds:
Checks may be subject to a 10 business day hold before funds are released for trading if the firm is unable to verify the funds with your financial institution. Foreign Accounts: Apex’s policy requires that any check or ACH deposits into international accounts must remain in the account 30 days before any withdrawal may take place. Additionally, Apex will not accept cashiers checks for international accounts. Any items drawn in foreign currencies or against a foreign bank will be sent for collection. The customer will not be credited for deposit until the bank has collected the funds from the foreign institution and covers Apex for the item converted into USD funds. Penalties for Returned Check Deposits - In the event that a check is returned unpaid from the paying bank, a $25 fee will be charged and the account will be asked to send funds in an alternate method (wire, cashier's check, or certified funds).

A method of transferring cash positions (fully paid-for stocks) from your existing brokerage firm to your account.
These transfers typically take 3-5 business days and cannot be used if you are closing your other account.
All DTC securities are to be sent as follows:
DTC Number: 0158
Clearing Firm: Apex Clearing Corporation
Account Number: Client Acct #
Account Name: Client Name
Securities Symbol:

Securities DWAC
All client depositing stock via DWAC must have at least $1,000 in their account prior to initiating a DWAC. Only US clients can DWAC OTCBB or PinkSheets.
* Only stocks trading above $0.10 per share will be accepted for deposit.
You will be required to fill out a DSR Questionnaire when depositing OTC-BB or Pink Sheet.
You will also need to provide supporting documentation proving how you obtained the securities.
DSR Questionnaire Required when DWACing OTC-BB or Pink Sheet.
Corporate Resolution over 1 million Required when depositing over 1 million shares. Completed by issuing company.
Mail, fax or email all documents to:
newaccounts@autoshares.com
800-670-0692 fax
AutoShares
New Accounts Processing
Reference Your Account #
Include Requested Documents

Automated Customer Account Transfer (ACAT)
Typically used to transfer an entire account (including cash and securities) from another broker to your new account. Please sign and complete the ACAT form and return it to us with your new account paperwork. Make sure to include a copy of your most recent monthly statement from the transferring broker. You may also fax us a copy of the form so we can initiate your transfer, but we must still receive the original copy. (ACAT transfers take approximately 7 business days).

Click here for an ACAT Form.

Mail, fax or email all documents to:
newaccounts@autoshares.com
800-670-0692 fax
AutoShares
New Accounts Processing
Reference Your Account #
Include Requested Documents

Stock Certificates
All clients depositing stock certificates must have at least $1,000 in their account prior to sending a certificate. Only US clients can deposit OTCBB or PinkSheets.
You will be required to fill out a DSR Questionnaire when depositing OTC-BB, Pink Sheet or unregistered physical stock certificates.
*Only stocks trading above $1 per share will be accepted for deposit.
You will also need to provide supporting documentation proving how you obtained the securities.
DSR Questionnaire Required when depositing OTC-BB, Pink Sheet or unregistered physical stock certificates.
Corporate Resolution over 1 million Required when depositing a certificate over 1 million shares. Completed by issuing company.
Corporate Resolution 1 Signer Required when depositing a certificate signed by only 1 officer of the issuer. Completed by issuing company.
Stock Power
Mail all documents to:
newaccounts@autoshares.com
800-670-0692 fax
AutoShares
New Accounts Processing
Reference Your Account #
Include Requested Documents

Outgoing Funds

Electronically transfer funds to and from your checking account. ACH transfers typically take 24-48 hours to process and are available for no charge. There is a limit of $25,000 per day for all ACH transfers. To get started, download and complete the ACH Authorization Form. Attach a voided check to the completed form and send by fax or email to:
newaccounts@autoshares.com
800-670-0692 fax
AutoShares
New Accounts Processing
Reference Your Account #
Include ACH Authorization Form and Cancelled Check
* The minimum amount for ACH transfer is $100, incoming or outgoing.
* ACH Relationships cannot be established for UTMA/UGMA accounts.
* We hold all initial ACH transfers for an additional 5 business days.
* In the event that an ACH is reversed by NACHA, a $25 fee will be charged and the account will be asked to send funds via an alternate method (wire, cashier's check, or certified funds). Funds from ACH deposits cannot be withdrawn for a period of 5 business days due to our clearing firm's policy.

All wired funds are to be sent as follows:

   BMO Harris Bank

   111 W Monroe St

   Chicago, IL 60603

   ABA: 071000288

   SWIFT: HATRUS44

   APEX Clearing

   Acct 3713286

   FFC Customer Name and Account Number

* Typically the fastest method of funding your account. Wire transfers are usually received the same day that they are sent by your financial institution and will post to your account the day after they are received. * Funds will be returned if the funds are deemed Third Party (defined as any account other than one of the same name as the account title of your account) or if the account is not opened. * Incoming funds can only be sent in U.S. Dollars (USD$). We do not accept foreign currencies.

All checks are to be sent as follows:
Apex Clearing Corporation - C/O BPO
Attn: Treasury Department
2 Gateway Ctr, 16th Floor, 283-299 Market St
Newark, NJ 07102-5005
Reference Account # in Memo Field
Checks must be made payable to: Apex Clearing Corporation
Checks require 5 business days for check clearance and processing.
Checks made payable to AutoShares WILL NOT BE ACCEPTED.
Important Note:
The firm is unable to accept the following funding types:
Any funding not made payable to Apex Clearing Corporation
Third Party Wires and Checks(defined as any account other than one of the same name as the account title held at AutoShares)
Traveler’s Checks, Credit card checks
Checks drawn against lines of credit or lines of equity
Cash, Money Orders, Temporary Checks, Unsigned checks
Cashier’s checks/Official checks for deposit to foreign accounts
Preprinted expiration dates on checks
Funds for accounts that have not been opened
IRA Funding not accompanied with an IRA Deposit Slip
Unverified Funds:
Checks may be subject to a 10 business day hold before funds are released for trading if the firm is unable to verify the funds with your financial institution. Foreign Accounts: Apex’s policy requires that any check or ACH deposits into international accounts must remain in the account 30 days before any withdrawal may take place. Additionally, Apex will not accept cashiers checks for international accounts. Any items drawn in foreign currencies or against a foreign bank will be sent for collection. The customer will not be credited for deposit until the bank has collected the funds from the foreign institution and covers Apex for the item converted into USD funds. Penalties for Returned Check Deposits - In the event that a check is returned unpaid from the paying bank, a $25 fee will be charged and the account will be asked to send funds in an alternate method (wire, cashier's check, or certified funds).


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Under no circumstances should any information or materials presented on this Site be used or construed as an offer to sell, or a solicitation of an offer to buy, any securities, financial instruments, investments or other services. AutoShares does not provide recommendations or offer investment advice of any kind. You are solely responsible for evaluating the merits and risks associated with the use of any content provided through the Service (generated by our users, third-party providers, or other third-party web sites or services) before making any decisions based on such content. You agree not to hold AutoShares or its third-party providers liable for any possible claim for damages arising from any decision you make based on the content or other information made available to you through the Service or third-party provider websites. Past performance data should not be construed as indicative of future results.

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For business development and branch opportunities Contact Us or call 1-800-847-8495. AutoShares® is a Division of ViewTrade Securities, Members FINRA and SIPCFINRA Brokercheck for Viewtrade Securities As a member of the Securities Investor Protection Corporation (SIPC), funds are available to meet customer claims up to a ceiling of $500,000, including a maximum of $250,000 for cash claims. For additional information regarding SIPC coverage, including a brochure, please contact SIPC at (202) 371-8300 or visit www.sipc.org. Our Clearing firm has purchased an additional insurance policy through a group of London Underwriters (with Lloyd's of London Syndicates as the Lead Underwriter) to supplement SIPC protection. This additional insurance policy becomes available to customers in the event that SIPC limits are exhausted and provides protection for securities and cash up to an aggregate of $600 million. This is provided to pay amounts in addition to those returned in a SIPC liquidation. This additional insurance policy is limited to a combined return to any customer from a Trustee, SIPC and London Underwriters of $150 million, including cash of up to $2.15 million. Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities.


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