Waiting 8 Days for My Fidelity Deposit to Clear
Summary of User’s Issue and Solutions Discussed:
- The main problem reported by the user is that their deposit has been uncollected for 8 days.
- Fidelity explained that collection periods for deposits vary based on the method used, with Electronic Funds Transfers taking 2 to 6 business days and bank wires typically processed within 1 business day.
- Users can track their deposit collection status by navigating to the “Upcoming Activity” tab in their Fidelity account.
- Fidelity allows users to purchase securities using uncollected deposits, subject to certain restrictions, and this can be checked through the “Cash Available to Trade” balance.
Here’s the full thread
Iv been waiting for 8 days and my deposit still is uncollected
Thanks for hopping into our Discord with a great question.
When you transfer funds into your Fidelity account, there are varying collection periods depending on the method. For Electronic Funds Transfers (EFT), it can take 2 to 6 business days, whereas bank wires are generally processed within 1 business day. Check deposit collection periods can vary but most are fully collected within 2-6 business days. Keep in mind weekends and holidays do not count towards collection days. You can learn more about deposit methods below.
Depositing Money Into Fidelity: https://www.fidelity.com/customer-service/deposit-money
You can see when your deposit is expected to collect on Fidelity.com by following these steps:
1. Click “Accounts & Trade” in the top left corner and select “Cash Management” in the dropdown
2. Choose your specific account in the left column
3. Review the “Upcoming Activity” tab
Fidelity does allow you to purchase securities using uncollected deposits – subject to security type and daily limit restrictions. You can look to your “Cash Available to Trade” balance to reflect any deposits that have yet to collect but are available to trade with.
Please let us know if you have further questions. 🟢
It’s been 8 work days and I did a etf but I will check thank you
Ah it says tomorrow ok thank you!
No problem! I’m glad I could help out and hope you enjoy the rest of your day. 🟢