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ACH Deposit

ACH

Deposit information:

Recipient name: DriveWealth, LLC

Recipient Address: 97 Main Street, Second Floor, Chatham, NJ 07928, USA

Bank Name: M&T Bank

Bank Address: One M&T Plaza, Buffalo, NY 14203, USA

Bank account number: 9870304186

Bank Routing number: 022000046

Account type: Checking

SWIFT Code: MANTUS33

Passfolio account number: Your Passfolio account number


Please make sure to include your account number in the additional information section of your wire request. Just copy the text in the “Account Number” row found on your deposit screen in the app and paste it. This is necessary for us to match your transfer to your Passfolio account and will help ensure there are no delays in the transaction.


When you are done sending the deposit, please share a receipt in PDF format with your name and the amount in dollars visible. You can do that through the deposit screen of your Passfolio app. Without the receipt we are unable to credit your account.

Follow these steps:

  1. Open your Passfolio app
  2. Click on the "Transfer" tab.
  3. Click on "Deposit"
  4. Click on "Add funds to Stock Account"
  5. Click on "Other methods of deposit"
  6. Click on "Continue"
  7. Enter the dollar amount and click "Continue"
  8. Click on "Send receipt" and select the document to be sent (your name and the dollar amount must be visible on the receipt)

Time to reach your account

The estimated time for the money to reach your account is between 1-2 business days.

Holding period

When you fund your account by ACH, there is a holding period of 30 days before you can withdraw the funds. It means you will not be able to withdraw the amount you have deposited using ACH for 30 days.

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Fund your account

To make a deposit, open your Passfolio app and follow the steps: 1) Click on Transfer; 2) Click on Deposit; 3)Click on Deposit to account...

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