New procedures for linking external bank accounts (and verifying identity) with EQ Bank? | Page 3 | EQ Bank | 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

No permission to create posts
sp_Feed Topic RSS sp_TopicIcon
New procedures for linking external bank accounts (and verifying identity) with EQ Bank?
April 13, 2021
11:53 am
Londonguy
Member
Members
Forum Posts: 533
Member Since:
May 27, 2016
sp_UserOfflineSmall Offline

Alexandra said
I know back in 2016 when I first opened an online account with them I sent them a void cheque. However, I can't remember the procedure when I opened a TFSA with them for the first time in January of this year. I know I didn't send them a cheque.

Anybody else already have an account with them previously and then opened a TFSA this year?  

Same as Vatox -- I just opened the extra TFSA account, took something like 3 clicks and 5 seconds.

TFSA or RRSP beneficiary forms are in PDF format and need to be downloaded from the EQ site, completed by hand and then mailed back to EQ. You can find the link to the form at the bottom of the left hand side of the menu

April 13, 2021
12:42 pm
Alexandra
British Columbia
Member
Members
Forum Posts: 192
Member Since:
September 24, 2019
sp_UserOfflineSmall Offline

Thanks I see that. Guess I should get it in as I think I will be purchasing more TFSA's from them in the future. Been working at getting rid of RBC & Tangerine in that regard!!sf-kiss

April 13, 2021
1:54 pm
Vatox
Member
Members
Forum Posts: 875
Member Since:
October 29, 2017
sp_UserOfflineSmall Offline

Alexandra said

Thanks for that Vatox. I see I transferred in funds from Tangerine to regular savings then funded the TFSA from that. Don't think I did a beneficiary though. Did you?  

Yes, I printed and filled out the form and mailed it in. A confirmation email arrives when they have processed it.

April 19, 2021
11:40 pm
smayer97
Member
Members
Forum Posts: 331
Member Since:
September 29, 2017
sp_UserOfflineSmall Offline

I have confirmed with EQ Bank that alternatives exist to link accounts, though they do not advertise them.
1. you can still call in and give the necessary linking account info and they will pass that on to their back office to create the link. This may take about 2-3 business days
2. you can fill in a form and mail in the info. Of course subject to mailing and processing time.
Maybe if enough people do this they may realize that the direct linking should at least not be the only option.

April 20, 2021
9:05 am
magicman
Member
Members
Forum Posts: 6
Member Since:
May 12, 2020
sp_UserOfflineSmall Offline

smayer97
where can i find a fill in form to send to EQ in regards to a external account link?

April 20, 2021
10:39 am
smayer97
Member
Members
Forum Posts: 331
Member Since:
September 29, 2017
sp_UserOfflineSmall Offline

EQ mentioned there was one but since they said over the phone was possible I did not take note of the form. Sorry.

No permission to create posts

Please write your comments in the forum.