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Tangerine Alternative?
September 8, 2016
9:03 pm
Norman1
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Joebart said

That is great, but if you do it again tomorrow for 25k and the day after 5k you are done for a week.
If you do it again next week you are done for a month.
No access to the rest of your money for a some time and that somehow doesn't feel right to me...

That's just the free Me-to-Me transfers.

I think you can still do bill payments, Interac e-Transfers, get a bank draft, and wire transfers after that.

September 8, 2016
9:56 pm
Loonie
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If the limits bother you, don't deposit more than 25K (or perhaps 50K, as that can apparently come out in 2 days), and tell them you would like to deposit more but are concerned about the limits.
I wonder what would happen if you set up 2 accounts, and had 50K in each one. Is the limit per account or per person?

September 9, 2016
8:35 am
Bill
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Joebart, taking out $200K would take a month plus about 9 days.

September 9, 2016
4:06 pm
AndreasChen
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Loonie said

If the limits bother you, don't deposit more than 25K (or perhaps 50K, as that can apparently come out in 2 days), and tell them you would like to deposit more but are concerned about the limits.
I wonder what would happen if you set up 2 accounts, and had 50K in each one. Is the limit per account or per person?

One bright side is Alterna has actual transit numbers. If any bank like tangerine can link accounts by trial deposits, it can pull money out easily. Any recommended free accounts?

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