does Fidelity Investments use zel while Fidelity Investments is a well-known brokerage firm it currently doesn't directly utilize zel a popular peer-to-peer payment Network zel is primarily offered by Banks and Credit Unions allowing users to send and receive money instantly however Fidelity does provide alternative methods for transferring funds one option is to use automated Clearing House a transfers this method involves electronically transferring funds between bank accounts including Fidelity accounts a transfers are typically faster and more efficient than traditional check based transfers another option for transferring funds is to use wire transfers wire transfers are a more expedited method of transferring money often completed within a day or two however there may be fees associated with wire transfers if you're looking for a peer-to-peer payment option similar to zel you might consider using a bank or credit union that offers this service many financial institutions have partnered with zel to provide their customers with convenient and secure payment options in conclusion while Fidelity doesn't currently offer zel directly it provides alternative methods for transferring money whether you choose ACH transfers wire transfers or explore other payment options it's important to consider your specific needs and preferences When selecting the most suitable method for your financial trans actions [Music]