In this article:
Overview
If you have funds in an investment account at another financial institution, you can set up a transfer to your Wealthsimple FHSA. You can transfer funds to a managed or trading FHSA. You must open an FHSA before you initiate your transfer.
Note: It usually takes four weeks to transfer funds into your Wealthsimple FHSA.
Eligible transfers
You can set up any of the following in-cash transfers:
- External FHSA to Wealthsimple FHSA
- External RRSP to Wealthsimple FHSA
- External spousal RRSP to Wealthsimple FHSA
Tip: If you're looking to transfer money from another Wealthsimple account to a Wealthsimple FHSA, refer to this article instead.
Transfer an external FHSA to your Wealthsimple FHSA
You can set up an in-cash transfer from an external FHSA to your Wealthsimple FHSA. Follow these steps to set up your transfer:
- Log in to the Wealthsimple app
- Tap the Move tab at the bottom of your screen
- Under Accounts, tap Transfer account to Wealthsimple
- Tap Get started
- Follow the prompts to complete your account transfer
- Log in to your Wealthsimple profile
- From the Home page, select Move an account
- Open the Account type menu
- Choose the account type you'd like to transfer
- Select Next to continue
- Follow the prompts to complete your account transfer
How to transfer an external RRSP or spousal RRSP to your Wealthsimple FHSA
Chat with our team in the web or Wealthsimple app to request an account transfer.
Transfer-out fee reimbursement
Transfers of at least $25,000 are eligible for a transfer-out fee reimbursement. Conditions apply. Learn more about our transfer fee reimbursement policy.
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