Morgan Stanley Wealth Management Introduces Send Money with Zelle® for Easy and Fast Payments
November 09 2017 - 9:00AM
Business Wire
New service allows clients to send and receive money from the
Morgan Stanley Mobile App
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 min™ are trademarks of Apple Inc. App Store is
a service mark of Apple Inc.
Morgan Stanley’s Send Money with Zelle℠ (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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Morgan Stanley Smith Barney LLCMargaret Draper, 914-225-6369
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