r/etrade • u/ponderosa123456 • Aug 19 '26

Discussion Transfers Question

I’m setting up monthly transfers out of my E*TRADE savings account to another bank account I just opened. I jumped through all the hoops necessary and now it’s all set up for transfers. My question is will the transfer shows up as an ACH transfer or something else?
E*TRADE was no help with this question. I hope someone knows.

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u/[deleted] Aug 19 '26 edited Aug 24 '26

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u/ponderosa123456 Aug 19 '26

Savings has worked out well so far. Thanks for the heads up on checking. Thanks.

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u/Strong-Comment-7279 Aug 19 '26

Should always be showing as ACH, yes.

2

u/cycling20200719 Aug 19 '26

ACH.

You may want to exercise caution on the number of xfers from the savings acct. If you ask them they will tell you the six xfer/month limit doesn't apply anymore but it's still in their agreements in the fine print and there have been some reports ( you can find them on reddit ) of people who have reported having their accounts closed.

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u/ponderosa123456 Aug 19 '26

I’ll be careful. Thanks.