Using another FI System to move PT money | Peoples Trust | Discussion forum

RetirEd said
You shouldn't really need to send a cheque to link an account to PT - I didn't have to. I phoned them and they sent me a few (I was thinking ahead) forms titled "External Account Link Authorization." There's no form number I can find, just that title.

Once I have the Institution and Transit numbers, and my appropriate account numbers, I fill one out and send it in. I usually phone in after a few days to check that all's well and then do a test. If I'm in a hurry, I visit their office (I'm in Vancouver - not everyone has that option, I know) and do it all at once. I don't know if their office is seeing anyone at the moment, but I did visit them earlier in the pandemic and found reduced staff willing to sign papers.

I will mention that I am more than willing to spend a stamp to avoid using on-line banking.
NewEd, soon to become RetirEd again.  

When I say “send a cheque”, I mean any type of paper or even scanning a document. Everything should be able to be done on a computer or mobile device.

The post was about linking PT from another FI, not linking other accounts from the PT side.

It should also be noted that pushing money into PT has no holds while pulling into PT is 5 or 7 days hold, I can’t remember or don’t want to remember!

RetirEd said
My point was for people who didn't have a chequing account to link to, and thus no cheques.
RetirEd  

So was mine. The form you requested, filled out, and sent back in, is the same as a cheque. Linking accounts should be enabled through completely digital means.

RetirEd said
Yip - has the info. But does not require a chequing account.
RetirEd  

Your point? Cheques can be acquired for savings accounts also. I will reiterate that the thread was about linking an account through an external FI without submitting documents or contacting anyone.