Different ways to fund your Wealthsimple account

In this article:

Overview

Wealthsimple provides several ways to add money to your accounts:

Linked bank account: Deposit and withdraw funds between a Wealthsimple account and a linked external bank account. Learn about linking your bank account.
Interac e-Transfer®: Send a request for an e-Transfer from your Wealthsimple account to your external bank account. Find out more about funding with e-Transfer.
Linked Visa or Mastercard debit: Instantly deposit funds with your debit card. Learn about depositing with a debit card.
Direct deposit: Allow employers and other entities to deposit funds directly into your chequing account. See how to set up direct deposit.
Institutional transfer: Move an investment account from another institution to Wealthsimple. Learn about transferring an investment account.
Wire funds: Set up a wire transfer to fund your account. Get details on wiring funds.

Here’s a quick overview of your funding options. Select a funding type to learn more:

Funding type	Fund availability	Daily limit	Applicable accounts
Linked bank transfer	3 to 5 business days*	$1,000,000 CAD, $1,000,000 USD	All accounts
Interac e-Transfer	Instant	Learn about e-Transfer limits	All accounts except Registered Education Savings Plan (RESP) and corporate accounts
Debit card	Instant	$3,500 CAD	All accounts
Direct deposit	Instant	None	Chequing account only
Institutional transfer	2-4 weeks	None	Investment accounts only
Wire transfer	Immediately (once posted to your account)	None	Review applicable accounts

*Tip: Funds may be available sooner depending on your unique instant deposit limit.