Account Funding

Funding Methods

Accounts may be funded by wire transfer, check, stock certificate or account transfer. Money orders, third party checks, credit card checks, home equity line checks and starter checks are not accepted. Funds must accompany your account application. When making deposits into your IRA, please include the IRA Deposit Slip.

Checks

Make all checks payable to: Penson Financial Services, Inc.

Automatic Investment Plans

Automatic Investments (ACH) systematically invests in a money market, mutual fund, or for the purchase of securities in your brokerage account.

Wire Transfer

Wires must be sent to same-titled accounts. No third party wires may be processed.

Domestic:
JP Morgan Chase Bank
ABA 021000021
F/A Penson Financial Services
ACCT #066-6-00030
FFC: Customer Acct # & Customer Name

International (USD):
Chase Manhattan Bank, NYC
Swift # CHASUS33
FAO Penson Financial Services
ACCT 066600030
FFC: Customer Acct # & Customer Name

Stock Certificate

To endorse stock certificates over to Regal Securities:

  1. On the back of the stock certificate, enter Penson Financial Services, Inc. as the attorney to transfer the stock.
  2. Each person registered on the stock certificate must sign the back exactly as printed on the front, including initials, suffix, etc.
  3. Date the certificate.

If you have any questions regarding stock certificates, please call the office of your financial representative.

Account Transfers

Full automated customer account transfers (ACAT), will typically take 7 to 10 business days. A non-ACAT (partial transfer) or manual transfer may take up to 3 weeks to complete.

Disclosures

Account Protection | Privacy Policy | Market Volatility | Business Continuity | Order Routing Disclosure | Margin Risks & Disclosure

Anti-Money Laundering Policy | Day Trading Margin Rules | Day Trading Risk Disclosure | Good Faith Violation