Wire money into M1 Invest
To wire money into your M1 Invest account use the following instructions:
Bank name: BMO Harris Bank
Bank address: 111 W. Monroe St., Chicago, IL 60603
ABA: 071000288
Account name: Apex Clearing
Account number: 3713286
Memo: "Your Name" and "Account Number"
Additional tips
- Make sure your name should exactly match your name on your M1 account.
- Your M1 account number can be located in your settings.
If you need further help, please contact us.
Wire money from M1 Invest
To get started, please contact us and confirm the following information:
- Amount of transfer
- Receiving account number
- Receiving account routing number
- Reason for initiating a wire transfer
Additional instructions
- To wire funds to an outside account that isn’t currently connected with your M1 Invest account, please provide a signed Letter of Acceptance from the receiving firm.
- Funds must be settled to be transferred.
- All new deposits to M1 Invest require a six-business day holding period before they can be withdrawn. After six business days, the transfer to your bank begins.
- For example, if you deposit $10,000 into your account on Monday the 1st, a wire for $7,000 will be held until Tuesday the 9th before the transfer to your bank begins.
- If your funds are settled and your holding period is complete, a member of our Transfers team will attempt to initiate the wire the same day on a best-efforts basis. Please note we can’t guarantee that your wire transfer will be completed the same day. Wires from M1 Invest may take up to five business days to complete.
There is a $25 fee to complete an outgoing wire transfer.
Wire money into M1 Spend
To wire money into your M1 Spend account use the following instructions:
Bank name: Lincoln Savings Bank
Bank address: 508 Main St., Reinbeck, IA 50669
ABA: 073905527
Account name: M1 Finance
Account number: 3000907953
Memo: "Your First and Last Name" and "Customer Account Number"
Additional tips
- The beneficiary account (3000907953) is not and should not be put in as your customer account number.
- Your customer account number can be found on the M1 app/website under the Spend tab > Navigate to your debit card > click on direct deposit > your customer account number will be listed there
If you’re unable to complete an ACH transfer or have a larger amount that needs to be transferred, we'll be able to process this as a wire transfer.
Wire money from M1 Spend
To get started, please contact us and confirm the following information:
- Wire amount
- Reason for wire transfer
- Receiving institution’s wire instructions
Please be prepared to upload a photo of your non-expired government-issued photo ID to verify your request.
Once all information is received, our support team will escalate this to our Spend team for review.
Wire transfers can be processed on the same business day, provided that all customer requirements are met.
There is a $25 fee per wire for outgoing wire transfers.
Outgoing ACH transfers typically complete within two to five business days.
If you have further questions, please contact us.