Fund Your Account
Funding Your Account
Once you have opened an account with Puritan Brokerage Services, you can fund it using one of the following methods.
ACH
The Automatic Clearing House feature allows you to make regular monthly or one time transfers between your bank account and your Puritan account. Please note that you cannot make monthly withdrawals and deposits at the same time for an account. Please be sure to sign and date the form before mailing it in. Initial funds are typically available within 11 business days after receipt of the form. After an ACH has been setup, funds are typically available for transactions within 1 business day.
Account/Security Transfer Form (ACAT)
Would you like to have all your brokerage accounts receive the same great service and values from Puritan Brokerage? Please use an Account Transfer Form to transfer all or part of the funds/securities from another brokerage firm to us. Mail us the signed and dated form and include a copy of your most recent account statement from the previous firm.
Wire Transfer
Please use the information below to wire funds from your bank account to your Puritan account. Funds are immediately available for trading after receipt of the wire. Puritan does not charge for wiring funds into your Puritan account; but your bank may. Please consult with your bank about their fee schedule.
For tracking purposes, please obtain a receipt and a “Fed Reference Number” from your bank after you submit your instructions. Always know the exact amount you have transferred. Be sure to review your account on-line, or check with us, to confirm receipt.
JP Morgan Chase Bank, N.A.
601 Travis St., 18th Floor, TX2-C095
Houston, TX 77002
ABA# 021000021
Southwest Securities, Inc.
A/C# 08805076955
FFC: (Your Account Title & Account Number)
Wires from foreign banks may require Swift ID: CHASUS33TEX
Check Deposit
All checks must be payable in U.S. funds and drawn from a U.S. bank. Make all checks payable to SWS Securities make sure to include your account number on the check. Deposits made by personal or company check will be available for trading after 5 business days. They are not available for withdrawal for at least 30 business days. Acceptable check deposits include: Company or personal checks drawn by account owner.
Check Deposits should be mailed to:
Southwest Securities
1201 Elm Street, Suite 3500
Dallas, TX 75270
Be sure to include your Puritan Brokerage account number on the check.
Cashiers Check or Money Order
Make all checks payable to SWS Securities. All funds must be payable in U.S. dollars and drawn from a U.S. bank. Funds are available for trading upon receipt. However, they are not available for withdrawal for at least 10 business days.
Cashiers Checks or Money Orders should be mailed to:
Southwest Securities
1201 Elm Street, Suite 3500
Dallas, TX 75270
Be sure to include your Puritan Brokerage account number on the check or money order.
Securities Certificates
When delivering physical securities, write your Puritan account number on the front of the certificate. The back of the certificate may be endorsed, or you can sign a stock power. Non-restricted securities are typically posted to the account within 1 business day of receipt.
Securities Certificates (with stock power if applicable), should be mailed to:
Southwest Securities
1201 Elm Street, Suite 3500
Dallas, TX 75270
Be sure to include your Puritan Brokerage account number on the certificate.
