During the online account opening process , you will be asked if you wish to transfer an account, like a TFSA or an RRSP, from your credit union or other brokerage firm. You simply need to:
- Indicate whether you want the transfer to be "In-Cash" or "In-Kind" and if you want to transfer all or only a part of your portfolio
- Include a copy of your most recent statement from the transferring institution
If you are already a Qtrade Investor client, simply log in and use the online account e-Transfer service. Go to Accounts → Transfer Funds → Transfer Account.
Qtrade Investor will reimburse your transfer-out fee (up to $150) when transferring an account with a balance of $15,000 or more.
For reimbursement, please use the e-Transfer service to upload your statement from the transferring institution that shows the transfer charge or you can email us at directinvesting@qtrade.ca and include your Qtrade Investor account number.