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Prudent Capitalist

01/17/24 11:30 AM

#135572 RE: tulla236a #135565

Schwab works the same way TDA used to. If I ACH cash in or out it transfers overnight and shows up in the respective accounts the next morning. I have deposited cash to my Schwab account via ACH overnight the same way as it worked with TDA. The only issue is how long Schwab makes you wait to buy non-marginable securities with the new cash