Seeing an FID BKG SVC LLC MONEYLINE charge on your statement?
Common ways FID BKG SVC LLC MONEYLINE charges might appear on your statement
- FID BKG SVC LLC MONEYLINE PPD ID: 0368004600
- FID BKG SVC LLC MONEYLINE
- FID BKG SVC LLC
- Electronic Withdrawal FID BKG SVC LLC
- FID BKG SVC LLC MNY MKT SWEEP
- FID BKG SVC LLC CASH REDEMPTION
- FID BKG SVC LLC TRANSFER
- FID BKG SVC LLC WITHDRAWAL
- FID BKG SVC LLC ACH PAYMENT
- FID BKG SVC LLC SERVICE FEE
What is FID BKG SVC LLC MONEYLINE?
FID BKG SVC LLC MONEYLINE refers to Fidelity Investments’ MoneyLine system, which handles electronic fund transfers between Fidelity brokerage or cash management accounts and external bank accounts. Learn more at fidelity.com.
Common causes for FID BKG SVC LLC MONEYLINE charges
- Electronic funds transfer (EFT) from your bank into a Fidelity brokerage or cash account.
- Automatic “sweep” or transfer of excess cash balances to/from money market within Fidelity.
- Cash redemption (liquidating investments to cash) or transfer out to your bank.
- Withdrawals or distributions from Fidelity accounts (IRA, brokerage, etc.) that use the MoneyLine system.
- Account maintenance, service, or sweep-related fees processed via the MoneyLine channel. sheildbanking.com+1
Decoding FID BKG SVC LLC MONEYLINE charge tags
- FID BKG SVC LLC identifies Fidelity Brokerage Services LLC, the processing entity.
- MONEYLINE designates the MoneyLine electronic funds transfer network used by Fidelity.
- PPD ID: 0368004600 is the ACH company identifier for Fidelity’s MoneyLine system.
- MNY MKT SWEEP, CASH REDEMPTION, or TRANSFER refer to the specific type of fund movement.
- WITHDRAWAL or ACH PAYMENT indicate direction of funds (to or from your external account).
- SERVICE FEE occasionally appears when associated with account or transaction charges.
