Access to Banking Services

The Flexibility and Functionality You Need

Managing your day-to-day spending, cash flow, and available funds are key features of your overall financial management strategy. With the Active Assets Account,1 guidance from your Morgan Stanley Financial Advisor and support from our professional service team, our cash management solutions can complement your portfolio management strategy creating a holistic, integrated wealth management approach.

Make Your Cash Work Harder for You


Keep your money working harder with:

  • Automatic Cash Sweep. Idle cash balances in your core Morgan Stanley brokerage account are automatically swept every night to a money market mutual fund or the Bank Deposit Program.2 These sweep cash balances remain a component of your available cash to spend or invest. Your Financial Advisor can recommend the sweep choice most suitable for your circumstances.

    Click here to see current rates.

    Bank Deposit Program Disclosure Statement

    Click here for the FDIC's website, where you can find detailed information on federal deposit insurance coverage.

  • GlobalCurrency Deposits.3 GlobalCurrencySM deposits, held at Morgan Stanley Private Bank, National Association, member FDIC, are currently available in a variety of currencies. Please click the Client Brochure link below to view the currencies and for additional information.

    Click here for current rates.

    GlobalCurrencySM - Client Brochure

    GlobalCurrencySM Disclosure Statement

 

Access Your Funds


Manage your daily finances and cash flow with:

  • Unlimited Check Writing. Complimentary, unlimited check writing, with an ability to personalize your checks. Activity reporting displays check payee names on your statements, online and via our Mobile App.4 Check images can be viewed on Morgan Stanley Online.
  • ATM Fee Rebates. Receive rebates on ATM fees charged at any US based ATM up to $4.99 per transaction. Rebates are unlimited for Reserved clients and up to $200 a year for all other clients.
  • Morgan Stanley Debit Card.5 Use your Morgan Stanley Debit Card to make purchases or access your funds. The Debit Card is accepted at over 35 million locations worldwide, and provides access to cash at any ATM that accepts MasterCard, Maestro, and STAR Network.
  • Morgan Stanley Cards from American Express.6 With the Morgan Stanley Cards from American Express, get access to exceptional benefits such as an Anniversary Spend Award7, the award-winning Membership Rewards8 program and other unique features and benefits designed for Morgan Stanley clients.
  • GlobalCurrency Express.9 Have foreign currency delivered to you before you travel. Foreign currencies available for delivery include, among others, €, £, and ¥.
  • Wires. Schedule wire transfers between your Active Assets Account and external institutions.

Save Time with Morgan Stanley Online and the Mobile App


Stay informed and in control of your money with digital access to:

  • Transfers. Transfer funds through Morgan Stanley Online or the Morgan Stanley Mobile App realtime between your separate Morgan Stanley accounts. Initiate transfers from or to your linked external accounts at other financial institutions. In addition to your online options, you can arrange funds transfers with your Financial Advisor.
  • Bill Pay. Conveniently pay your bills with online bill pay through Morgan Stanley Online and the Morgan Stanley Mobile App after you use Morgan Stanley Online to add your payees to your account. Receive eBills, schedule one-time or recurring payments, and track the status of your payments for greater financial control.
  • Deposits. Scan and deposit checks drawn on U.S.–based banks10, anytime, anywhere with the Morgan Stanley Mobile App. This capability also accommodates some of the highest deposit limits in the industry.11

   




Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, a member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services. Investment services are offered through Morgan Stanley Smith Barney LLC. Unless specifically disclosed in writing, investments and services offered through Morgan Stanley Smith Barney LLC are not insured by the FDIC, are not deposits or other obligations of, or guaranteed by, a bank and involve investment risks, including possible loss of principal amount invested. 1The Active Assets Account is a brokerage account offered through Morgan Stanley Smith Barney LLC, member SIPC.

2Under the Bank Deposit Program, cash balances are automatically deposited into interest bearing, FDIC-insured deposit accounts at Morgan Stanley Bank, N.A. and/or Morgan Stanley Private Bank, National Association, all members, FDIC. Detailed information on federal deposit insurance coverage is available on the FDIC’s website.

3Before undertaking foreign exchange transactions, you should understand the associated risks. Engaging in foreign currency transactions entails more varied risks than normally associated with transactions in the domestic securities markets. Attention should be paid to market, credit, sovereign and liquidity risks. The foreign exchange transactions and deposits discussed in this material may not be suitable for all clients. The appropriateness of a particular investment or strategy depends upon an individual’s particular circumstances and objectives. This material does not provide individually tailored investment advice. Review the GlobalCurrency Disclosure Statement at www.morganstanley.com/globalcurrency and speak with your Financial Advisor for more details. GlobalCurrency deposits are held at Morgan Stanley Private Bank, National Association and are insured up to U.S. Dollar equivalent limits. FDIC insurance does not protect against losses due to exchange rate movements. For more information about FDIC insurance, please visit the FDIC website at www.fdic.gov. Morgan Stanley Smith Barney LLC will charge you a markup for converting U.S. Dollars ("USD") in your brokerage account or foreign currency in a Savings Deposit to another currency, which will reduce your net earnings. The markup is the difference or "spread" between the price we pay for a currency and the price at which we sell the currency to you. Please refer to www.morganstanley.com/globalcurrency for full availability.

4Subject to cell phone connectivity. Standard messaging and data rates from your provider may apply. The Morgan Stanley Mobile App is currently available for iPhone® from the App StoreSM. iPad® and Android™ support will follow.

5The Morgan Stanley Debit Card is currently issued by UMB Bank n.a., pursuant to a license from MasterCard International Incorporated. MasterCard and Maestro are registered trademarks of MasterCard International Incorporated. The third-party trademarks and service marks contained herein are the property of their respective owners.

6The Morgan Stanley Credit Card from American Express or the Platinum Card® from American Express exclusively for Morgan Stanley is only available for clients who have an eligible Morgan Stanley Smith Barney LLC brokerage account (“eligible account”). Eligible account means a Morgan Stanley Smith Barney LLC brokerage account held in your name or in the name of a revocable trust where the client is the grantor and trustee, except for the following accounts: Charitable Remainder Annuity Trusts, Charitable Remainder Unitrusts, irrevocable trusts and employer-sponsored accounts. Eligibility is subject to change. American Express may cancel your Card Account and participation in this program, if you do not maintain an eligible account. Morgan Stanley Smith Barney LLC may compensate your Financial Advisor and other employees in connection with your acquisition or use of either the Morgan Stanley Credit Card from American Express or the Platinum Card® from American Express exclusively for Morgan Stanley. The Morgan Stanley Cards from American Express are issued by American Express Bank, FSB, not Morgan Stanley Smith Barney LLC. Services and rewards for the Cards are provided by either Morgan Stanley Smith Barney LLC, American Express, or other third parties. Restrictions and other limitations apply. See the terms and conditions for the Cards for details. Clients are urged to review fully before applying.

7If the total eligible purchases charged to your Morgan Stanley Credit Card from American Express Card Account equals $25,000 or more during each anniversary year as described below, Morgan Stanley shall deposit one hundred dollars ($100) into an Eligible brokerage Account of yours that is determined by Morgan Stanley. If you qualify to receive the $100 deposit but your only Eligible Morgan Stanley brokerage Account is a trust account, joint account, retirement account, or sole proprietorship account, Morgan Stanley will instead send $100 to you in the form of a check that will be mailed to your address on record at Morgan Stanley. The $25,000 purchase threshold is measured from the one year period following the date your Card Account was opened and resets to $0 each year on the anniversary of the date your Card Account was opened. You will not receive your $100 award if your Card Account is cancelled or in default at the time of fulfillment. Eligible purchases are purchases for goods and services minus returns and other credits. Eligible purchases do NOT include fees or interest charges, balance transfers, cash advances, purchases of travelers checks, purchase or reloading of prepaid cards, or purchases of other cash equivalents. Additional terms and restrictions apply. Eligible purchases include purchases made by both the Basic and Additional Card Members on the Card Account. This offer may not be transferred. Limit one Anniversary Spend Award per anniversary year per Card Account. It will typically take approximately 4-6 weeks after the anniversary date of the Card Account to receive the Anniversary Spend Award from Morgan Stanley. Please contact Morgan Stanley with any questions about brokerage account eligibility and the fulfillment of the award.

If the total eligible purchases charged to your Platinum Card® from American Express exclusively for Morgan Stanley Card Account equals $100,000 or more during each anniversary year as described below, Morgan Stanley shall deposit five hundred dollars ($500) into an Eligible brokerage Account of yours that is determined by Morgan Stanley. If you qualify to receive the $500 deposit but your only Eligible Morgan Stanley brokerage Account is a trust account, joint account, retirement account, or sole proprietorship account, Morgan Stanley will instead send $500 to you in the form of a check that will be mailed to your address on record at Morgan Stanley. The $100,000 purchase threshold is measured from the one year period following the date your Card Account was opened and resets to $0 each year on the anniversary of the date your Card Account was opened. You will not receive your $500 award if your Card Account is cancelled or in default at the time of fulfillment. Eligible purchases are purchases for goods and services minus returns and other credits. Eligible purchases do NOT include fees or interest charges, balance transfers, cash advances, purchases of travelers checks, purchase or reloading of prepaid cards, or purchases of other cash equivalents. Additional terms and restrictions apply. Eligible purchases include purchases made by both the Basic and Additional Card Members on the Card Account. This offer may not be transferred. Limit one Anniversary Spend Award per anniversary year per Card Account. It will typically take approximately 4-6 weeks after the anniversary date of the Card Account to receive the Anniversary Spend Award from Morgan Stanley. Please contact Morgan Stanley with any questions about brokerage account eligibility and the fulfillment of the award.

8Terms and Conditions for the Membership Rewards® program apply. Visit membershiprewards.com/terms or call 1-800-AXP-EARN (297-3276) for more information. Participating partners and available rewards are subject to change without notice. Eligible purchases are purchases for goods and services minus returns and other credits. Eligible purchases do NOT include fees or interest charges, balance transfers, cash advances, purchases of travelers checks, purchase or reloading of prepaid cards, or purchases of other cash equivalents. Additional terms and restrictions apply. Morgan Stanley, its affiliates, and Morgan Stanley Financial Advisors and employees are not in the business of providing tax or legal advice. Clients should speak with their tax advisor regarding the potential tax implications of the Rewards Program upon their specific circumstances.

9GlobalCurrency Express is not available for all foreign currencies. Only the Euro, British Pound, Canadian Dollar, Swiss Franc, Japanese Yen and Australian Dollar can be funded in local currency or USD from a client’s brokerage account. All other foreign currencies must be funded in USD from a client’s brokerage account. To place an order for GlobalCurrency Express, clients can call the client service center at 800-869-3326 between 8:00 a.m. and 2:00 p.m. ET Monday through Friday. Minimum order $250 U.S. Dollar equivalent; maximum order is $5,000 U.S. Dollar equivalent per individual client, per 24-hour period. No more than two orders may be placed in a 7 calendar day period. Once submitted, GlobalCurrency Express orders cannot be cancelled or returned. Any unused physical foreign currency delivered to the client pursuant to a GlobalCurrency Express order cannot be returned for deposit. Additional eligibility restrictions and conditions apply. Clients placing a GlobalCurrency Express order will be charged a fee, which will be deducted from the foreign currency delivered. Clients placing GlobalCurrency Express orders that involve the conversion of USD to foreign currency will typically be charged a higher fee.

10Subject to certain terms and conditions.

11Up to a daily limit of $100,000 for existing Reserved customers. Morgan Stanley Smith Barney LLC, member SIPC reserves the right to change or terminate the Reserved program at any time and without notice. Reserved program participants’ accounts and activity are reviewed periodically to confirm that they continue to qualify for Reserve.

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