Moving $$ from Vanguard to Bank
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- Joined: Wed Oct 24, 2007 3:22 pm
Moving $$ from Vanguard to Bank
Is it possible to have distributions from bond funds or stock funds transferred directly from the underlying accout to your personal bank account? Vanguard has a procedure for setting up a transfer for money from Vanguard to your bank, but I'm not sure whether it only works for money being transferred from Prime MM or whether Vanguard will transfer distributions directly. Thanks.
Re: Moving $$ from Vanguard to Bank
You can do it directly. I set my mom's TBM fund to send her monthly dividends direct to her local bank account.