ACH (Automated Clearing House) System
ACH is the electronic movement of funds between APEX and a customer’s checking, savings, or money market bank account. ACH Transactions are prompted by events such as dividend disbursements, remittance of sale proceeds, request for funds to pay for purchases, periodic receipts, disbursements or periodic payments (PPS) and ACH on Demand.
To setup an ACH Profile, complete the ACH (Automated Clearing House) Agreement, and send the signed form to:
New Accounts Department
1st Discount Brokerage
8927 Hypoluxo Road
Suite A-5
Lake Worth, FL 33467
It can take up to 5 business days to verify the bank information for the ACH profile to become active after it has been received by the New Accounts Department.
DEPOSITS
Personal or Cashier’s Check
Make checks payable to Apex Clearing Corporation and forward to:
1st Discount Brokerage
8927 Hypoluxo Road
Suite A-5
Lake Worth, FL 33467
Please remember to write your account number or social security number on the memo line of your check.
Wired funds
In order for us to accept wired funds you must have an account number and instruct your bank to send the funds as follows:
Domestic Wires:
BMO Harris Bank
111 W Monroe St.
Chicago, IL 60603
ABA: 071000288
Apex Clearing
ACCT: 3713286
FBO: Account Holder Name and 8 digit Apex account number
WITHDRAWALS
In order to withdraw money or securities out of an account you should first contact your Independent Financial Consultant for instructions. As an alternative you can contact the main office at 561-515-3200 or email us at support@1db.com
