How to deposit funds via EFT

To deposit funds via Electronic Funds Transfer (EFT) into your account, please follow the steps below.

1. Link your bank account to make an EFT transfer

• To link a bank account for the first time, go to:

• Accounts > Select an account > Transfers > Deposit > Select an account > Electronic Fund Transfer

• To add a new bank account, go to:

• Accounts > Select an account > Transfers > Deposit > Select an account > Electronic Fund Transfer > BANK OF > Add New Bank Account

Note: For more detailed instructions, please refer to How to link a bank account for EFT.

2. Start an EFT

After successfully linking a bank account, please return to the moomoo app to start a transfer.

• Tap Accounts > Select an account > Transfers > Deposit > Select an account > Electronic Fund Transfer

3. Check the transfer progress

To check the transfer progress:

• Tap Accounts > Select an account > Transfers > Deposit > Select an account > Other Deposit Methods > Funds Records

Bank Transfer Notes

• The name on the bank account must match the name of the brokerage account. If the names don't match, the deposit won't be accepted, and any related fees will still be incurred. Please note if you are depositing to a Spousal Retirement Savings Plan account(SRRSP), the bank account holder's legal name can be the name of the brokerage account or the spouse's. 

• Corporate bank accounts can't be used to transfer funds to Moomoo CA.

Overview of EFT Deposit

*Note: Once funds are deposited in your account, a hold will be placed on the funds for a period of time. During this hold period, some withdrawal requests can't be processed.