How long does the transfer process take?

When transferring funds or assets into your Self-Directed IRA (SDIRA) at American Estate & Trust (AET), the processing time can vary based on multiple factors. The type of transfer, the current custodian’s procedures, and whether any issues arise all play a role in determining how long the process will take.

Cash Transfers

If you are transferring cash into your AET SDIRA, the speed of processing depends on the transfer method chosen:

• Wire Transfers – When selecting a wire transfer, funds can be sent as soon as the next business day, assuming there are no issues with the request.
• Other Cash Transfers – Transfers initiated by check may take longer depending on the requirements and processing time of the sending institution.

If issues arise, such as missing documentation or delays from the current custodian, a cash transfer can take more than a month to be Completed.

Asset Transfers

Transferring assets into an AET SDIRA is generally a longer process compared to cash transfers. The timeframe for completion typically falls within 2 to 8 weeks. Several factors can impact the timeline, including:

• The time it takes for the current custodian to process the request.
• Whether an asset assignment letter or change of ownership document is required and how it is delivered to AET. In many cases, these documents are sent via regular mail, which can add additional time to the process.
• Some custodians may not send any assignment documents, leading to additional follow-ups to confirm asset movement.

Potential Delays

While AET works to ensure a smooth transfer process, delays can occur due to:

• The responsiveness and processing speed of the current custodian.
• Missing or incomplete transfer documentation.
• Additional verification or compliance reviews required for asset transfers.

Disclaimer: Clients should follow up with their current custodian to verify receipt of the transfer request and confirm the current processing status. AET does not have control over the processing times of other custodians, so direct communication with the sending institution is recommended to avoid unnecessary delays.

Final Thoughts

While cash transfers can be completed quickly—especially via wire transfer—asset transfers generally take longer due to additional processing steps and potential document requirements. If you are planning a transfer, it’s best to account for these timeframes and coordinate with both AET and your current custodian to minimize delays.

If you have any questions about your specific transfer, AET’s support team is available to assist you.