TFSA Transfer while holding non-transferable securities? | Tax Free Savings Accounts | Discussion forum

Let's say I want to do a TFSA direct transfer from TD Direct Investing to Tangerine. The money in the TFSA is currently fully invested in TD ISAs that a Tangerine TFSA, a cash-only account, cannot hold.

Would either Tangerine or TD automatically sell off the assets in the TFSA at some point in the process, or would the ISAs need to be sold and turned into cash in advance of the transfer application in order for it to go through?

Trying to avoid a situation where the money sits in the TFSA goes for weeks without earning any interest.