How do I send money from my Vanguard account to my bank?
Depending on the type of holdings you’re transferring out of, it may take one or two steps to send money from your Vanguard account to your bank.
Transferring funds from a Vanguard mutual fund or your settlement fund is done in one step:
- From the Vanguard homepage, search "Sell funds" or go to the Sell funds page. Select your bank account from the drop-down menu in step two under “Where is your money going?”
Transferring funds from a stock, bond, non-Vanguard mutual fund, or other security takes two steps:
- First, sell the security
- Once the proceeds from your sale settle in the settlement fund, you can transfer the money to your linked bank account. From the Vanguard homepage, search "Sell funds" or go to the Sell funds page. Select your bank account from the drop-down menu in step two under Where is your money going?
You have the option to transfer funds from your Vanguard account to your bank by wire transfer or by electronic bank transfer (EBT). Find more information about the difference between the two options.
You can link your bank account here.
In some cases, you may want to transfer money to a bank account without linking it to your profile.