The ‘Move Money’ button under the ‘Home’ tab is where you’ll find the option to create different types of transfers.

Select this option to create a one-time deposit or withdrawal.

Recurring transfers allow you to automate your transfers on a weekly, bi-weekly, or monthly schedule. See a step-by-step guide for creating recurring transfers.

Please note: You can schedule a maximum of 5 recurring transfers a week.

Clients with open M1 High-Yield Cash or Savings Accounts can use this option to sweep excess cash between accounts. Learn more about Smart Transfers.

If you are looking to wire into your Earn, Invest, or Crypto Accounts, select your desired account and provide the details on the screen to your external bank to initiate the wire transfer.

Have an account at another brokerage? Use this option to learn how to initiate an account transfer. You can also refer to our Help Center for more information on that process.

If you are looking to rollover your 401(k), 403(b), or 457, select this option to view the necessary steps to provide your plan administrator. You can also refer to this article for more information.

Depositing directly into your M1 Individual Brokerage Account makes automating your investments easier.

When you select this option, you will need to choose which Individual Brokerage Account you would like to deposit into if you have more than one open. You are only able to select one Individual Brokerage Account at a time. This account will serve as the destination for all Invest direct deposits.

If you are looking to change which Individual Brokerage Account will receive your direct deposit, you can do so at any time by navigating back to this screen and selecting a new account.

Direct deposits will start landing in your selected account within 1-2 pay cycles.

To cancel your direct deposit into your Individual Brokerage Account, please contact your payroll provider.

Please note: This option is only available on iOS at this time.

Direct deposit timing is dependent on your payroll provider

Deposit directly into your High-Yield Savings Account to automatically save from your paycheck.

To cancel your direct deposit into your Savings, please contact your payroll provider.

Direct deposit timing is dependent on your payroll provider

M1 only allows for a single pending transfer at a time. Once your transfer has been completed or, if possible, cancelled, you can initiate a new transfer request. Initiating more than one transfer at a time may cause a delay.

To cancel your pending transfer:

Please note: Your pending transfer will be cancelled on a best efforts basis. If your transfer is too far along in the process, you will not be able to cancel.

At this time, you’re unable to deposit or send checks from your M1 High-Yield Savings Account.

You’re also unable to deposit or send checks from your M1 Invest Account(s) under most circumstances. Exceptions include:

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M1 disclosures here.