Online interfaces: funding an RSP GIC from an RSP Savings account | General comparisons | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_Feed Topic RSS sp_TopicIcon
Online interfaces: funding an RSP GIC from an RSP Savings account
December 4, 2012
7:43 pm
Peter
Admin
Forum Posts: 1448
Member Since:
May 15, 2007
sp_UserOfflineSmall Offline

Does your financial institution's online interface allow you to open an RSP GIC funded by an RSP Savings account? With Canadian Direct Financial, this is only possible over the phone. Its online interface only allows an RSP GIC to be funded by a non-registered account.

December 5, 2012
2:39 pm
Jim
Member
Members
Forum Posts: 9
Member Since:
November 21, 2012
sp_UserOfflineSmall Offline

Yes, ING Direct allows me to do this all online without involving a phone call or other human interaction. When the RSP GIC matures, it automatically lands in the RSP savings account as well. Same thing with the TFSA GIC, I can fund it from TFSA savings and when it matures it lands in TFSA savings. No worries about "accidental" withdrawals/deposits.

December 5, 2012
9:50 pm
kanaka
Member
Members
Forum Posts: 1232
Member Since:
December 23, 2011
sp_UserOfflineSmall Offline

Coast Capital has the same in regards to the TFSA as described above.

Please write your comments in the forum.