It would be quite risky to just do it, blindly assuming that the money will arrive. It might work 19 out of 20 times but the 20th time you pay dearly.
Simply log on in the morning (after about 4am EST) of the second day to your account and check if the money is there. Typically it shows as ‘pending’, and that is good enough to move it onwards the same day. ...
Suppose on Monday the investor starts a transfer from one brokerage
account to the checking account. On Tuesday, the investor starts a
transfer from the checking account to the other brokerage account. Can
the investor count that the money from the first transfer will be
there when the second transaction comes in?
You will have to ask the bank and the ...