Transferring Funds: Td Direct Investing Simplified

There are several ways to transfer funds into a TD Direct Investing account. TD Canada Trust clients can use EasyWeb or the TD app to make transfers to a TD Direct Investing account. Alternatively, users can transfer up to their daily limit from their account(s) at other financial institutions to their TD Direct Investing cash or margin account(s) using Interac e-Transfer.® To set up a transfer from another financial institution, users must select the From Outside TD tab in the Transfers section of WebBroker, followed by the account they wish to transfer to, the amount, and their email. They must then select the bank they wish to collect the funds from and hit Accept Request.

Transfer from TD Canada Trust account

If you bank with TD Canada Trust, you can transfer funds into your TD Direct Investing account quickly and easily. Here's a step-by-step guide on how to do it:

First, log in to your TD Canada Trust online banking account. You can do this by visiting the TD Canada Trust website and entering your access card number and password. Once you're logged in, navigate to the "Transfers" tab. This is where you'll be able to initiate a transfer to your TD Direct Investing account.

Locate and select the "Transfer Funds" option. You'll then need to choose the account from which you want to transfer funds. If you have multiple TD Canada Trust accounts, such as a chequing and savings account, select the one you want to use for this transfer. Enter your TD Direct Investing account number when prompted. This will ensure that the funds are transferred to the correct investment account.

Specify the amount you wish to transfer. You can transfer as much or as little as you need, keeping in mind any minimum deposit requirements or investment thresholds. Review the transfer details carefully before finalising the transaction. Ensure that the account numbers and the amount are correct to avoid any errors or delays in the transfer process.

Finally, confirm the transfer. Depending on your account settings, you may need to authenticate the transfer using a security token or another form of two-factor authentication. Once the transfer is confirmed, the funds will be on their way to your TD Direct Investing account, typically arriving within a few business days.

Remember to keep an eye on your TD Direct Investing account balance to ensure that the transferred funds arrive as expected. With these simple steps, you can conveniently transfer funds from your TD Canada Trust account, allowing you to start investing or continue building your investment portfolio.

Transfer from another financial institution

To transfer funds from another financial institution to your TD Direct Investing account, you can set up a link between your external account and your TD Direct Investing account through the TD app or WebBroker. This will allow you to transfer money easily and securely between the two accounts.

To get started, log in to the TD app or WebBroker and navigate to the "Transfers" section. From there, select the option to "Link an External Account." You'll need to provide the routing number and account number of your external account, as well as the name of the financial institution. Once you've entered this information, review and accept the terms and conditions to complete the linking process.

After your external account has been successfully linked, you can initiate a transfer to your TD Direct Investing account. Simply select the linked account as the source of the transfer and your TD Direct Investing account as the destination. You can choose to make a one-time transfer or set up recurring transfers to automatically move funds between the accounts on a schedule that suits you.

Please note that there may be transfer limits and processing times to consider. Keep in mind that there may be a hold period for the availability of funds. Refer to the terms and conditions for details on any applicable fees, transfer limits, and processing times. Always secure your personal information and account credentials to ensure the security of your funds during transfers.

Transfer from another Canadian brokerage

If you are transferring from another Canadian brokerage, you can open a TD Direct Investing account and set up a transfer in cash or in kind (keeping your existing holdings), or a mix of the two. You can transfer up to your daily limit from your account(s) at other financial institutions to your TD Direct Investing cash or margin account(s) using Interac e-Transfer.

• In the Transfers section of WebBroker, select the "From Outside TD" tab.
• Select the account you wish to transfer to, the amount and your email – then hit "Continue".
• Select the bank you wish to collect the funds from and hit "Accept Request".
• Once you've signed into your other account and completed the transaction, the funds will be transferred to your TD Direct Investing account.

TD will reimburse you up to $150 for any transfer fees applied by another brokerage. If you want to start trading immediately, make a cash deposit.

Transfer from a TD savings account

If you have a TD savings account and want to transfer funds into your TD Direct Investing account, you can easily do so by following these steps:

First, log in to your TD online banking account. You can use your personal computer or mobile device to access your account. Once you have logged in, select the "Transfers" tab, which should be visible on your dashboard. If you're using the TD app, you may need to select "Transfers" from the menu first.

From the "Transfers" section, you will need to choose the specific TD savings account you wish to transfer funds from. Simply select the desired account from the list of your accounts. Next, choose your TD Direct Investing account as the destination for the transfer. Ensure that you have the correct account information for your TD Direct Investing account to avoid any issues or delays in the transfer process.

After selecting the accounts, enter the amount you want to transfer. You can transfer as little or as much as you need, keeping in mind any minimum balance requirements for your TD savings account and considering your investment goals for your TD Direct Investing account. Review the transfer details carefully before finalizing the transaction. Confirm the accounts and the amount to ensure that everything is correct.

Finally, complete the transfer by authorizing the transaction. Depending on your account settings, you may need to provide additional security information, such as a one-time passcode or a password, to verify your identity and secure the transfer. Once the transfer is authorized, you should receive a confirmation that the transaction has been successfully processed. The funds will then be available in your TD Direct Investing account, ready for you to start investing or trading according to your financial plans.

Transfer using WebBroker

If you have a TD Canada Trust account, you can use EasyWeb or the TD app to transfer funds to your TD Direct Investing account. If you don't have a TD Canada Trust bank account, you can instantly transfer money up to your daily limit from any bank using Interac e-Transfer.

Here's how to transfer funds from another bank account using WebBroker:

• Select the "From Outside TD" tab: In the Transfers section of WebBroker, select the "From Outside TD" tab.
• Choose the account: Select the account you wish to transfer to, along with the amount and your email address. Then, hit "Continue".
• Choose the bank: Select the bank you wish to collect the funds from and hit "Accept Request".
• Sign into your bank account: Once you've signed into your other account and completed the transaction, the funds will be transferred to your TD Direct Investing account.

Transferring from another brokerage

If you're transferring from another Canadian brokerage, TD Direct Investing will cover the transfer fees up to $150.

Frequently asked questions