Upbeat music plays throughout.
The clip begins with a static top-down shot of a desktop, part of a plant, part of a coffee cup, part of a pair of glasses, part of a tablet, and a notepad with "To do list" written on top.
Then we see "Transfer funds" animate on the page underneath "To do list" next to an unchecked box.
If you want to withdraw funds from a Schwab account, you have several routes to choose from.
The frame cuts to a full screenshot of the Schwab.com client Account Summary page. Personal Value, Day Change, and 6 Month Change appear above a graph.
Roll over "Move Money" and click "Transfers & Payments." Here, you'll see your options for withdrawing money: online transfer, wire transfer, and requesting a check.
We see the cursor roll over "Move Money" in the main nav and click "Transfers & Payments." The cursor hovers over each option as it is mentioned, then clicks "Online transfer."
Online transfers take one to two business days to complete and do not involve fees. You'll first select which account you'd like to transfer from, then which account you'd like to transfer to.
The cursor selects accounts from the dropdown menus.
If you don't see your preferred external account listed, you'll need to add it in an additional step.
An option to "Add External Account" is highlighted.
From there, you'll just need to enter the amount, frequency, and transfer date.
We see the details for the transfer input.
Domestic wire transfers arrive the same business day, with a fifteen-dollar fee for online wire requests. You'll need the destination bank routing number, account number, recipient account holder name, and recipient address.
We transition to a new screen for domestic wire transfer. We see the details for the wire input.
Checks take six to nine business days to arrive with no fees unless you want it sent overnight. You'll just need to enter the amount, frequency, and transfer date, as well as whether you want to withhold any federal tax.
We transition to a new screen for a check request. We see the details for the wire input.
We cut to a dark blue background with text that reads "Visit Schwab.com/HowToCenter for more videos."
The screen fades to the Charles Schwab logo with the following disclosures beneath:
Investment Products: Not FDIC-Insured * No Bank Guarantee * May Lose Value
Investing involves risks, including loss of principal.
The information provided here is for general information purposes only and is not intended to be a substitute for specific individualized tax, legal or investment planning advice. Where specific advice is necessary or appropriate, consult with a qualified tax advisor, CPA, financial planner or investment manager.
The Charles Schwab Corporation provides a full range of brokerage, banking, and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (Member SIPC), offers investment services and products, including Schwab brokerage accounts. Its banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides deposit and lending services and products.
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