PWS
Pacer WealthShield ETF
stock BATS ETF

Thanks for stopping by the sub today, u/ImaginaryHamster6005. I can jump in here and clarify!
When you enable the Money Transfer Lockdown (MTL) feature on your account, you cannot initiate outbound transfers from your Fidelity account to other Fidelity accounts and external institutions. This means that transactions that do not fit this description, including overdraft protection, direct debits from external institutions, checkwriting, existing scheduled transfers, debit card transactions, and Bill Pay payments, are unaffected by an MTL. As u/FidelityAllison mentioned, scheduled RMD and Personal Withdrawal Service (PWS) plans are unaffected.
[Money Transfer Lockdown (login required)](https://digital.fidelity.com/prgw/digital/login/full-page?AuthRedUrl=https://digital.fidelity.com/ftgw/digital/security/lockdown/info)
Please let us know if you have any additional questions, and thank you for being a part of our Reddit community!

Thanks for stopping by the sub today, u/ImaginaryHamster6005. I can jump in here and clarify!
When you enable the Money Transfer Lockdown (MTL) feature on your account, you cannot initiate outbound transfers from your Fidelity account to other Fidelity accounts and external institutions. This means that transactions that do not fit this description, including overdraft protection, direct debits from external institutions, checkwriting, existing scheduled transfers, debit card transactions, and Bill Pay payments, are unaffected by an MTL. As u/FidelityAllison mentioned, scheduled RMD and Personal Withdrawal Service (PWS) plans are unaffected.
[Money Transfer Lockdown (login required)](https://digital.fidelity.com/prgw/digital/login/full-page?AuthRedUrl=https://digital.fidelity.com/ftgw/digital/security/lockdown/info)
Please let us know if you have any additional questions, and thank you for being a part of our Reddit community!