AMP’s withdrawal process is a disaster.
AMP’s withdrawal process is a disaster. What should have been a simple $1,000 wire turned into a month-long nightmare involving 8–9 failed withdrawal attempts, internal cancellations, conflicting instructions, and almost zero meaningful guidance from support. Despite repeatedly providing Fidelity’s official wiring instructions, AMP kept approving then canceling wires, blaming “incorrect instructions” while the real issue turned out to be their own backend system creating duplicate broker profiles and failing to properly link approved instructions to withdrawals. Frontline support sent generic responses and videos instead of real help. It took direct Treasury involvement to finally uncover and fix AMP’s internal errors. After all that, they still charged me $110 in wire fees for failed transfers that were caused by their systems — not user error. If you value your time and sanity, be warned: AMP’s treasury operations are disorganized, opaque, and inefficient. Expect poor communication, repeated resubmissions, and unexpected fees just to get your own money out. Trading platform may work — but getting funds OUT is another story entirely.