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Email this8:29 am
February 15, 2023
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UkrainianDude said
I have one of my GICs maturing at the beginning of April. What is the best way to withdraw the funds? I have a progress account. Can I link my Wealthsimple account with it and pull the funds free of charge, or what are my options? Thanks.
I'm in the same situation where I have numerous GICs maturing throughout 2026. I've simply linked my Progress Account to an account in another FI (in my case, Saven) and pulled the funds out. Everything went smoothly, no problems at all and no extra fees or service charges.
7:15 pm
April 6, 2013
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UkrainianDude said
I have one of my GICs maturing at the beginning of April. What is the best way to withdraw the funds? I have a progress account. Can I link my Wealthsimple account with it and pull the funds free of charge, or what are my options? Thanks.
Add a link to the external account from the National Bank investment account holding the GIC's. Ask National Bank to then direct deposit the GIC interest and maturing GIC principal to the external account. See previous post.
4:41 am
March 30, 2017
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Few months ago I reqest a money order for the amount and it was free of charge too.
That should still be the case.
6:01 am
November 19, 2022
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Norman1 said
UkrainianDude said
I have one of my GICs maturing at the beginning of April. What is the best way to withdraw the funds? I have a progress account. Can I link my Wealthsimple account with it and pull the funds free of charge, or what are my options? Thanks.Add a link to the external account from the National Bank investment account holding the GIC's. Ask National Bank to then direct deposit the GIC interest and maturing GIC principal to the external account. See previous post.
I have successfully linked WS with NB Progress account. Will pull funds when GIC matures.
