How to Withdraw Funds From Scottrade

How to Withdraw Funds From Scottrade
A debit card is one of several ways to withdraw money from Scottrade.

Brokerage Account Withdrawals

You have two ways to withdraw funds from a Scottrade brokerage account. If you have an account with Scottrade Bank, follow the prompts on your online brokerage account to transfer funds to the bank account. Then use a bank account option to send the money where you wish. You must register external accounts before you can send brokerage account funds directly to them. Follow the instructions to enter the external account destination bank, account type, routing number and account number. Follow the prompts to withdraw funds once the external account is registered.

Scottrade Bank Withdrawals

Scottrade provides multiple bank account withdrawal options. Follow the online prompts to send money to an external account or to pay bills. You may withdraw money by writing a check or using a Scottrade debit card. Scottrade doesn’t charge debit card user fees and reimburses you if using another bank’s automated teller machine incurs a fee. To wire money, you must fill out an authorization form and take it to your local Scottrade brokerage office.