A wire transfer is an alternative method to add funds to your managed or self-directed trading accounts with Wealthsimple. 

Unlike a standard deposit, a wire transfer allows you to move CAD or USD from a Canadian or U.S. institution to Wealthsimple. We cannot receive wire transfers from institutions outside of Canada or the United States.

Set up a wire in US dollars (USD)

• Send USD to an Invest account
  Since all our Invest accounts are in Canadian Dollars, we'll automatically convert your USD to CAD as soon as the funds enter your Wealthsimple account. Our portfolios include both USD and CAD ETFs, so some of your funds will be converted back to USD to purchase USD ETFs.
  
  
• Send USD to a Trade & Crypto account
  If you subscribe to Plus, we'll automatically send your USD to your USD account. Otherwise, we'll automatically convert your USD to CAD as soon as the funds enter your Wealthsimple account.

Step 1: Contact your bank and provide the following details

Our Back Office:
Wealthsimple Investments Inc.
201-80 Spadina Avenue, Toronto, ON M5V 2J4

Beneficiary Bank:
TD Canada Trust
55 King Street West, Toronto, ON M5K 1A2

Beneficiary Account: 7338474
Beneficiary Name: Wealthsimple Investments Inc.
Beneficiary Transit: 10202
Bank Code: 0004
TD SWIFT Code: TDOMCATTTOR
International Sort Code: //CC000410202

Step 2: Contact our support team with the following information

• Your name
• The institution or source that the funds are coming from
• The account you'd like the funds posted to (including whether it is a CAD or USD account)
• The date this request was submitted
• The sending account type, for example: a chequing, savings or investment account
• The reason for wiring USD to Wealthsimple, for example: 'this part of a compensation program with my employer', 'the sale of a property', 'an inheritance', etc.

We will also need a copy of the wire transfer receipt uploaded to your profile via the "My Documents" page when signed in through your web browser.

More details

• Wire transfers typically take 10 business days to complete. It takes five business days to move your funds and another five business days before your funds become available to trade or invest.
• Wealthsimple will reimburse wire transfer fees for transfers greater than $25,000 USD.
• If you are initiating a wire transfer from a TD bank account, you may need to alter the instructions to an inter-branch wire transfer.

Set up a wire in Canadian dollars (CAD)

If you're looking to send funds from a Canadian bank account in CAD, we recommend making a deposit. Making a deposit is generally much faster and cheaper than sending money via wire. However, if you wish to wire CAD to Wealthsimple, please see the instructions below:

Step 1: Contact your bank and provide the following details

Our Back Office:
Wealthsimple Investments Inc.
201-80 Spadina Avenue, Toronto, ON M5V 2J4

Beneficiary Bank:
TD Canada Trust
55 King Street West, Toronto, ON M5K 1A2

Beneficiary Account: 0464258
Beneficiary Name: Wealthsimple Investments Inc.
Beneficiary Transit: 10202
Bank Code: 0004
TD SWIFT Code: TDOMCATTTOR

Step 2: Please contact our support team with the following information

• Your name
• The institution the funds are coming from
• The account you'd like the funds posted to
• The date this request was submitted.

We will also need a copy of the wire transfer receipt uploaded to your profile via the "My Documents" page when signed in through your web browser.

More details

• Wire transfers typically take 10 business days to complete. It takes five business days to move your funds and another five business days before your funds become available to trade or invest.
• If you are initiating a wire transfer from a TD bank account, you may need to alter the instructions to an inter-branch wire transfer.