e-Transfers not available on TFSAs

Winnipeg, MB – January 28, 2019

You can withdraw funds from your tax-free savings account any time and for any purpose. There are no restrictions on how much you can withdraw, however, as of January 21, 2019, you cannot e-transfer money directly from your TFSA. You can, however, electronically transfer funds from your TFSA savings account to your ACU savings or chequing account, and set up an e-transfer from either of those accounts.

 

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