DELIVERY INSTRUCTIONS
Back to GlossaryDefinition
The specific routing and account numbers necessary to send cash and/or securities from one bank or brokerage to another.
Summary
Delivery instructions are the essential banking and account details required to transfer money or securities between financial institutions. Think of them as the 'shipping address' for financial transactions - they tell the sending institution exactly where and how to deliver the funds or securities. These instructions typically include routing numbers (which identify the receiving bank), account numbers (which identify the specific account), and sometimes additional details like wire transfer codes or special handling requirements.
Usage Context
Understanding delivery instructions is crucial when studying investment account management, financial transfers, and securities settlement processes. This concept is particularly important in topics covering account transfers, investment rollovers, and institutional money movement.
Common Confusions
- Confusing delivery instructions with billing addresses or mailing addresses
- Thinking all transfers use the same delivery instructions regardless of transfer type
- Not understanding the difference between domestic and international delivery instructions
- Assuming delivery instructions are the same as account login information
