There are two ways to deposit money into your Scottrade account:
- Wire funds directly to US Bank using the instructions below.
- Mail or drop off a check to your local Scottrade Branch Office. (US Bank will not deposit checks into your Scottrade account.)
Provide the following information to your bank to wire funds into your Scottrade account:
(Funds are available the day of settlement)
US Bank
721 Locust Street
St. Louis, MO 63101
ABA # 081000210
Scottrade, Inc. Account # 1001086162
Scottrade's Complete Mailing Address: PO Box 31759 St. Louis, MO 63131-0759
Further credit to your Scottrade, Inc. account # and account title.
If wiring funds from an International institution, use swift code: USBKUS44IMT.
To wire funds out of your Scottrade account:
(Funds are available the day after your trade settles)
Note: $20 fee (International $40) for wiring funds out
Scottrade requires a written authorization to wire funds from your account. We will accept a hand written authorizationor you can use our Authorization to Wire Funds form located on Scottrade's Form Center. You can mail or fax a written authorization to your local branch.
Please include the following information in your instructions:
- Name and address of receiving institution
- ABA # of receiving institution
- Title of receiving account
- Your account number at receiving institution
- Your full address
Questions/Comments please contact your local Scottrade Branch office or e-mail support@scottrade.com
Brokerage Products and Services offered by Scottrade, Inc. – Member FINRA and SIPC.
Online market and limit stock trades are just $7 for stocks priced $1 and above.
Any specific securities, or types of securities, used as examples are for demonstration purposes only. None of the information provided should be considered a recommendation or solicitation to invest in, or liquidate, a particular security or type of security.
Investors should consider the investment objectives, risks, charges and expenses of a mutual fund carefully before investing. A mutual fund's prospectus contains this and other information about the mutual fund. Prospectuses are available through our trading site or through a Scottrade branch office. The prospectus should be read carefully before investing. No transaction fee (NTF) funds are subject to the terms and conditions of the NTF funds program. Scottrade is compensated by the funds participating in the NTF program through recordkeeping, shareholder, or SEC 12b-1 fees.
Investors should consider the investment objectives, charges, expense, and unique risk profile of an Exchange Traded Fund (ETF) carefully before investing. Leveraged and Inverse ETFs may not be suitable for long-term investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. A prospectus contains this and other information about the ETF and should be obtained from the issuer. The prospectus should be read carefully before investing.
Margin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. The Margin Disclosure Statement and Agreement (PDF) is available for download, or it is available at one of our branch offices. It contains information on our lending policies, interest charges, and the risks associated with margin accounts.
Options are not appropriate for all investors. Detailed information on our policies and the risks associated with options can be found in Scottrade's Options Application and Agreement, Brokerage Account Agreement, and Characteristics and Risks of Standardized Options (also available at one of our branch offices). All option accounts require prior approval by Scottrade.
Investors should consider the investment objectives, risks, charges, and expenses of mutual fund carefully before investing. A prospectus contains this and other information about the fund and is available through www.scottrade.com or through a Scottrade branch office. The prospectus should be read carefully before investing. No transaction fee (NTF) funds are subject to the terms and conditions of the NTF funds program. Scottrade is compensated by the funds participating in the NTF program through recordkeeping, shareholder, or SEC 12b-1 fees.
Market volatility, volume, and system availability may impact account access and trade execution.
Testimonials may not be representative of the experience of other clients and are no guarantee of future performance or success.
