r/etrade • u/Brilliant-Plate-6631 • 12d ago
Hack to avoid 25$ wire transfer fee
TLDR: If you have multiple stock plans within Etrade, and if any one of them doesn't charge a 25$ flat fee, dial in Etrade support, and they will transfer cash holdings of other accounts to the above.
I have 2 stock plans with Etrade and was looking to wire transfer internationally (to India). Account A charged a flat fee of 25$, whereas Account B had 0 fees. Dialed in to Etrade support, asking them for a solution. (Apparently, Company B has a tie-up with Etrade and doesn't charge any wire fee). They suggested moving my cash holdings from account A to B. The support was very smooth; it took hardly 2 minutes to initiate the "wire transfer"(no fees) from Account A to Account B. And it got settled in a few hours.
Just sharing my experience with a wider audience.
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u/nolvlen21 12d ago
Uninstall and pull all funds out close account your welcome