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How long does it take to get the money out after the lockup? Typical ACH 2-3 days?
by jjoonathan 5y ago
How long does it take to get the money out after the lockup? Typical ACH 2-3 days?
- bombcar 5y agoCorrect, though if you go the paper route via tax returns you can "cash" the paper bonds at any bank at any time (or maybe it has to be a bank you have an account with already).
- Trasmatta 5y agoYes, but the thing you have to be careful of is if you switched banks. They require you to jump through hoops to update your bank on TreasuryDirect. So if you change banks, you should begin the process to update with TD right away, so you don't get a nasty surprise if you need to cash out quickly in the future.