Receive confirmation of your payment request in seconds. Your funds are transferred directly from your personal checking account to your Morgan Stanley Online brokerage account. It's a fast way to move your money - with no fees. Advantages Easier and faster than the U.S. mail, wire transfers or overnight delivery. Funds are moved via electronic check while logged into your account.
Transactions are secure and private.
Its extensive database is used to verify your information. Funds are available in your Morgan Stanley Online account either the same or next day. Your bank records the amount as if it were a standard check. The check number you provide online will appear on your statement. No transaction fees are charged.