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Reduced transfer out limits
October 30, 2023
6:55 am
rfdm4g4g9
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Does the $25,000 limit also apply if you PULL money from Tangerine from the other side i.e your external bank account connected to Tangerine?

So if I have Simplii Financial connected to Tangerine, I am guessing I can pull a much bigger amount into Simplii Financial from Tangerine in just one go.

October 30, 2023
10:20 am
HermanH
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rfdm4g4g9 said

I called them yesterday. They just asked for my FULL name, that's all. No other verification questions.

But I had logged into the IVR- Phone system by entering my Client ID and password, which are the same as my Online login ID & password.

I guess they just assumed it's me! Because I logged in the Phone with my Client ID and password. Only full name was asked by the agent.

Yes, only your name is needed, if you already used your phone password number. If they need to re-verify your identity, they just send you back to the phone verificiation system, whereby you re-enter your phone password as confirmation. That happens to me often, as one family member calls, does their business, and then hands me the phone to do my business. Once the phone is handed to me, Tang uses the re-verification system and I am set to conduct my business.

rfdm4g4g9 said
So if I have Simplii Financial connected to Tangerine, I am guessing I can pull a much bigger amount into Simplii Financial from Tangerine in just one go.  

Yes, you can pull much larger amounts.

October 30, 2023
7:39 pm
InterestThis
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Tang always asks me verification questions, I think sometimes a code sent. The more security the better.

December 6, 2023
3:56 pm
hwyc
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sf-embarassed I also did two $25,000 transfer out on a single day

December 7, 2023
11:52 am
usephrase
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Call Tangerine, they can Move Out unlimited amount daily for you.
If you do Move Out online, daily limit is $25,000 for per account. Open more accounts to increase your daily limit.

TD Direct Investing takes days to review Electronic Funds Transfer transactions if you did one EFT transaction yesterday and do another EFT today to transfer out money.

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