Morgan Stanley Wealth Management today announced the latest enhancement of its cash management offering with a person-to-person (P2P) payments service called Morgan Stanley Send Money with Zelle®. It is available on the Morgan Stanley Mobile App for iPhone® and Android® and enables Morgan Stanley’s Wealth Management clients to send money and receive money from almost anyone with a U.S. bank account using the recipient’s email address or U.S. mobile phone number.
“We are excited to offer our wealth management clients a convenient way to send and receive money from the Morgan Stanley Mobile App,” said Eric Heaton, Managing Director, Head of the Private Banking Group. “Morgan Stanley Send Money with Zelle® lets clients make payments using their mobile device, without any additional costs.”
The Zelle Network® connects the nation’s leading financial institutions, enabling consumers to send payments from their mobile phone. “By joining the Zelle Network, we are providing clients with an integrated platform that will help them manage their everyday cash management needs,” added Heaton.
By enrolling in the Send Money With Zelle® feature on their Morgan Stanley app, and using it to make payments, clients may qualify for Morgan Stanley’s Premier Cash Management Program (Premier). Premier rewards clients for consolidating their everyday cash management activities with the firm.
To learn more about Morgan Stanley Send Money with Zelle®, please visit morganstanley.com/zelle.
Morgan Stanley Wealth Management, a global leader, provides access to a wide range of products and services to individuals, businesses and institutions, including brokerage and investment advisory services, financial and wealth planning, cash management and lending products and services, annuities and insurance, retirement and trust services.
Morgan Stanley (NYSE: MS) is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. With offices in more than 42 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For more information about Morgan Stanley, please visit www.morganstanley.com.
Apple®, the Apple logo, iPhone®, iPad®, and iPad Air® are trademarks of Apple Inc., registered in the US and other countries. Apple Pay™ and iPad minTM are trademarks of Apple Inc. App Store is a service mark of Apple Inc.
Morgan Stanley’s Send Money with ZelleSM (Zelle) is available on the Morgan Stanley Mobile App for iPhone. Enrollment is required and dollar and frequency limits may apply. Domestic fund transfers must be made from an eligible account at Morgan Stanley Smith Barney LLC (Morgan Stanley) to a U.S.-based account at another financial institution. Morgan Stanley maintains arrangements with JP Morgan Chase Bank, N.A. and UMB Bank, N.A. as NACHA-participating depository financial institutions for the processing of transfers on Zelle. Data connection required, and message and data rates may apply, including those from your communications service provider. See the Morgan Stanley Send Money with Zelle terms for details. Zelle and the Zelle related marks and logos are property of Early Warning Services, LLC. Morgan Stanley is not affiliated with Zelle.
Premier Cash Management is an incentive program that recognizes and rewards clients for choosing Morgan Stanley for their everyday cash management needs. Clients must meet certain criteria in order to qualify for the Premier Cash Management program, and Morgan Stanley Smith Barney LLC reserves the right to change or terminate the program at any time and without notice. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with affiliated and non-affiliated parties to assist in offering certain products and services related to Premier Cash Management. Please refer to the Premier Cash Management Terms and Conditions for further details.
Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, 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, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
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