Yes! You can use AI to fill out Fidelity Bank Wire Authorization

This is a frequent and critical error because the form explicitly states a Medallion signature guarantee is required, not a notary. A Medallion guarantee is a special certification for financial transactions with a higher liability for the guaranteeing institution, which is why Fidelity requires it to protect against fraud. Submitting a form with only a notary stamp will lead to immediate rejection and significant processing delays. To avoid this, you must visit a financial institution like a bank or credit union and specifically request a Medallion signature guarantee.

Users often misunderstand the form's purpose, believing it initiates a one-time wire transfer. However, the form is designed only to establish standing instructions for future use, not to request a specific transaction. Submitting this form will not move any money, causing critical delays for users who need to make an urgent payment. To avoid this, use this form solely to set up the wire capability in advance, and then follow Fidelity's separate procedure to request an actual wire transfer once the instructions are on file.

Simple data entry mistakes in the bank routing (ABA) or account numbers are extremely common but can have severe consequences, such as the wire being rejected, delayed, or even sent to the wrong account. These errors often happen when transcribing numbers from memory or a handwritten note. To prevent this, always double-check these numbers against an official source like a bank statement or a check. AI-powered form filling tools like Instafill.ai can help by validating routing number formats to catch potential errors before submission.

Account owners may not carefully read the 'Helpful to Know' section and list accounts that are ineligible for the bank wire feature, such as a Health Savings Account (HSA), Self-Employed 401(k), or Keogh plan. This results in the request being rejected for those specific accounts, causing confusion and delaying the setup. Before filling out Section 2, review the list of ineligible accounts on the first page to ensure every account number you provide is eligible for the bank wire service.

Many international transfers must pass through an intermediary (correspondent) bank, but filers often don't realize this or don't have the information readily available. Failing to provide the correspondent bank's name and routing number can cause the wire to be significantly delayed, rejected, or incur additional fees. To avoid this, contact the recipient's bank beforehand and ask if a correspondent bank is necessary for wires originating from the United States, and if so, obtain the correct details to include in Section 3.

When setting up instructions for a bank outside the U.S., the SWIFT code is a critical identifier, but it is often missed or confused with other bank numbers. Without the correct SWIFT code, an international wire transfer cannot be processed correctly and will fail, leading to delays and potential service fees. Always confirm the correct SWIFT code with the recipient or their financial institution before completing the form.

The form's signature requirements vary by account type; most accounts require one signature, but Mutual Fund Accounts require signatures from all owners. People often miss this distinction and provide only one signature for a joint Mutual Fund Account, causing the form to be rejected as incomplete. This forces a restart of the entire submission process. To prevent this, verify your account type and ensure all required owners sign the form.

This field is a specific compliance requirement for non-resident customers with a W-8 form on file who are wiring money to a country different from their tax residence country. It is easily overlooked, but its absence will cause the form to be flagged and rejected by the compliance department. If you are a W-8 certified customer and this situation applies, you must provide a clear explanation in Section 4 to avoid processing delays.

The instructions to use 'CAPITAL letters and black ink' are there to ensure the form can be accurately scanned and read by automated systems. Using cursive, lowercase letters, or colored ink can lead to character recognition errors, resulting in incorrect data entry on Fidelity's end or outright rejection of the form. To ensure legibility, either type directly into the PDF or write clearly in all caps with a black pen. If you only have a flat PDF, tools like Instafill.ai can convert it into a fillable version to ensure clean, typed entries.

For international wires, global financial regulations require a complete physical address for the recipient to prevent money laundering. Filers sometimes provide a P.O. Box or an incomplete address, which is insufficient and will cause the form to be rejected. This leads to delays while the correct information is requested. To avoid this, ensure you provide the full street address, city, province, postal code, and country for the wire recipient, as highlighted in the form's instructions.