Cash Management | Saturna Capital

On this page:   Money Movement Instructions and Deadlines   |   Wiring Money   |   Corestone Account

Your account comes with several standard cash management options and a variety of optional services. When money enters your account, you can choose from three basic options:

New Contributions
Proceeds From Trades
cash flow arrows graphic
Dreyfus Money Market Fund
Cash (default option)
Dreyfus Insured Deposit Program

Moving money into and out of your account is simple and straightforward.

Money Movement Instructions and Deadlines¹

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Type Contributions Distributions³ Fee
EFT/ACH² 2:30 p.m. Eastern
11:30 a.m. Pacific

Initiate via phone or letter of instruction

2:30 p.m. Eastern
11:30 a.m. Pacific

Initiate via phone or letter of instruction

Wire Please contact a representative

Initiate through your bank

2:30 p.m. Eastern
11:30 a.m. Pacific

Initiate via signed wire transfer form

$25 Domestic 
$40 International
1st Party Check Imprinted checks payable to "Pershing, LLC" with your account number on the memo line Sent to address of record — available throughout the day if funds held in cash

Initiate via phone or letter of instruction

3rd Party Check Third party checks4 accepted only when payable to account holder OR for accounts which benefit minors (ESA, UTMA, UGMA) Initiate via signed letter of instruction None
Cash Not Accepted Not Available Not Applicable

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¹ All distributions are subject to MMF cut-off times.

² Electronic Funds Transfer (EFT) is available with a signed EFT/ACH form, allowing you the ability to move money easily and with no charges between your personal bank account and your brokerage account.

³ Additional forms may be required to make distributions for Trusteed accounts.

4 Checks over $1,000 must be drawn on accounts having the same ownership as the Registration on the Saturna account into which the money is deposited.

Wiring Money To Your Account

Please use the following instructions for wires to your brokerage account.

  • The bank account from which you plan to wire assets must be identically registered to your Saturna Brokerage nonretirement account.
  • Before sending money, notify Saturna Brokerage of the incoming wire by calling (360) 734-1266, or (800) 728-1266. Legal restrictions may apply.
  • Have your bank wire money through the Federal Reserve System to:

The Bank of New York 
New York, NY 
ABA # 021000018 
A/C Pershing LLC 
A/C # 890-051238-5
For Further Credit (FFC): Your Pershing Account Number & Your Name

Accounts are identically registered if they have the same:

  • Account owner name and address
  • Tax identification number
  • Account type (for example, retirement or nonretirement)
  • Ownership terms (for example, joint tenants in common, joint tenants with rights of survivorship, or joint tenants in entirety)

Corestone Account

Consolidate your investing, checking and Visa® debit card services into one convenient account with Pershing's Corestone Account® account management tools.

Corestone Check Writing — Not available for Saturna Trust administered accounts: IRA, HSA, ESA, 401(k), or UTMA.