I have Schwab for my brokerage account to handle my stocks,
along with it's companion Schwab MM fund, which is treated as an online checking account.
I have Vanguard for most of my mutual funds.... and the Prime MM fund as a parking place.
How, or can I, exchange money from my Schwab checking account to my Vanguard Prime MM account ?
It appears that to setup the "link",
you need to have the classic "checking account ABA routing info" listed along the bottom of your checks.
Since I only have Vanguard mutual funds,
not sure how to make the MM Prime account avail for this transaction setup ?
Usually, I get a physical check mailed from Schwab,
and then turn around and deposit it into my Vanguard account.
With all the mail delays, and subsequent wait times for check clearing,
it can take weeks from beginning at Schwab
to finally having the check cleared for use at Vanguard Prime MM.
Last edited by ps56k
on Wed May 22, 2013 12:34 pm, edited 2 times in total.