What is the difference between an ACAT and non-ACAT transfer ?

3 Answers

  • Anonymous
    1 decade ago
    Favorite Answer

    ACAT is an acronym referring to the Automated transfer process between investment accounts...NON-ACAT, clearly is the NOT automated version.

    Where one sends the information electronically between the two companies, the other sends physical representations.

    ACATs take, usually 10 days - 4 weeks to process/complete.....NON-ACATs usually state up to 8 weeks. (these are non-revenue-producing departments, and typically not appropriately staffed to process transfers any faster, depends on the transfer company.)

    Source(s): Investment professional dude
  • Anonymous
    4 years ago

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    What is the difference between an ACAT and non-ACAT transfer ?

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  • Alison
    Lv 4
    4 years ago

    "But I am part of a Shamanism religion, but sometimes I feel more like someone who wouldn't believe in anything because Spirits? seems kinda crazy lol but whatever..." Pardon, but which Shamanic *religion* are you part of? A Shaman is a Shaman. And you do not sound like one (no offense intended, just stating based on your comment) A non-believer could be anyone regarding a specific God for instance (most Christians call non-believers ANYONE who doesn't believe in the Abrahamic God) An atheist just doesn't believe in any deity due to lack of evidence

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