How do I transfer cash or securities between my TD Direct Investing accounts and bank accounts? (2024)

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How do I transfer cash or securities between my TD Direct Investing accounts and bank accounts?

You can complete transfers online or by contacting TD Directing Investing to transfer between these account types:

• TD Canada Trust (TDCT) banking accounts
• TD Direct Investing non-registered (cash or margin) accounts
• TD Direct Investing registered plans*

*You can make contributions online using the Transfer and Securities Transfer features. To submit withdrawal requests, please see details below.

Watch this quick video to learn how to transfer cash or securities online, or follow the steps below.

Transfer Cash Online

Follow these steps to complete your transfer online:

1. Log in to EasyWeb, WebBroker, or the TD App.
2. Select Accounts tab in the top left menu.
3. Select Transfers then follow the prompts to select From and To accounts.

If you're transferring cash from the proceeds of a recently sold security in your TD Direct Investing account, a one to two-day settlement period applies (as mandated by the Canadian and U.S. exchanges). To see your Real-Time Cash balance in WebBroker, please select the Accounts tab in the top left menu and then Balances.

Any open purchase orders in your TD Direct Investing accounts will count against your available cash balance and/or margin. To transfer funds in accounts with open orders simply cancel the order or reduce the quantity by the dollar amount you wish to transfer out.

If you reached your daily online transfer limit and want to transfer additional funds, please log into the TD App and choose Contact Us or contact TD Direct Investing at 1-800-465-5463 to speak to an Investment Representative.

Transfer Securities Online

Follow these steps to complete your securities transfer in WebBroker:

1. Log in to WebBroker.
2. Select Accounts tab in the top left menu.
3. Under Transfers & Withdrawals, select Transfer Securities.
4. Select the From and To accounts and follow the prompts to submit your request.

Note: For more information on online-eligible security transfers, select Learn More in the transfers window.

Follow these steps to complete your securities transfer in the TD App:

1. Log in to the TD App.
2. Select the Holdings icon.
3. Select the Securities Transfer icon.
4. Select the From and To accounts and follow the prompts to submit your request.

Note: For more information on online-eligible security transfers, select the information icon.

Recently purchased securities will not appear until the mandatory one to two-day settlement period has occurred.

Securities Transfers from a cash or margin account to a registered plan account such as a Tax-Free Savings Account (TFSA) or Retirement Savings Plan (RSP) count as contributions in-kind. Any capital gains that have been earned will become taxable when you contribute to the registered account, as this transaction is considered a disposition. Please note however, that capital losses cannot be claimed for a contribution in-kind transaction as it would violate the Canada Revenue Agency's (CRA) superficial loss principle.

Withdraw from Registered Plans

Withdrawals from a registered plan account may have additional requirements. To find out more, select the account type you want to withdraw from:

• Tax-Free Savings Account (TFSA)
• Retirement Savings Plan (RSP)
• Retirement Income Fund (RIF)
• Registered Education Savings Plan (RESP)
• Registered Disability Savings Plan (RDSP)

Set Up Automatic Transfers

You can set up a Monthly Contribution Plan (MCP) or Pre-Authorized Deposit (PAD) for your TD Direct Investing account any of the following ways:

1. Fill out the Secure Online Form*
2. Contact TD Direct Investing
3. Complete the MCP/PAD Form and drop it off at a TD Canada Trust branch / TD Direct Investing Investor Centre

*The Secure Online Form can only be used to set up an MCP/PAD from a TD Canada Trust bank account. To set up an MCP/PAD from other Financial Institutions in Canada, please contact TD Direct Investing or visit the branch with a void cheque.