You need to talk with Fidelity. I have my monthly ira distributions made to my core account and when want the money sent to my bank the transfer occurs over night. It could be your bank, I'm with Wells.
Wirtz, I might suggest you keep your money in your core account and forgo transferring to a bank. Fidelity has a Visa Check Card that you can use at any ATM to withdraw cash. I use a machine owned by PNC bank (at Walgreens) and there is no fee. But if you use a teller machine that charges a fee, Fidelity will reimburse up to $75 per year with the fee reimbursement automatically appearing in your history.
My portfolio is bigger than most of the poor people on my street. And, I don't pay cigarette taxes. Since I have an unfair advantage and I really didn't build that portfolio, I thought this time around I'd vote for a Marxist. I'm hoping it can be confiscated and the wealth spread around to the less fortunate.
It's amazing. I have an account where I can see banking and credit card transactions online in real time. When you use a card for credit or debit, it gets posted immediately. But if you are doing an ACH transfer or waiting for dividends to be posted, it takes 2 - 3 days depending on the institution. And even though computers are running constantly, they add another 2-day delay over the weekend and holidays. I think these built in delays are designed so the financial institutions can combine monies from large numbers of customers and get the float on the money.
Here is a dated NY Times story from 1996 but good information none the less.