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Pull limit via EFT
March 26, 2024
10:45 am
ChristineJon
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March 26, 2024
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Hi There, any EFT pull limit by Tang? I am wondering if 0.5M$ or 1M$ allowed in a single transaction, would Tang shut your acc immediately if you transfer this large fund?

March 26, 2024
4:41 pm
Dean
Valhalla Mountains, British Columbia
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Welcome to the Club, ChristineJon ! sf-smile

The last time I checked, Tang's limit to 'Push' funds to another FI, was $25K/day. I assume that daily limit would also apply for Tang funds 'Pulled' from another FI.

As for 'Pulling' funds from another FI to a Tang account, I don't know if Tang has a daily limit for that.

Maybe give them a call.

Cheers,

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

March 27, 2024
9:43 am
smayer97
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$25K limit does NOT apply to pulls from Tang via another bank.

March 27, 2024
10:33 am
Dean
Valhalla Mountains, British Columbia
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.
Interesting

Thanks,

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

April 3, 2024
11:20 am
MarkFog
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Dean said
Welcome to the Club, ChristineJon ! sf-smile

The last time I checked, Tang's limit to 'Push' funds to another FI, was $25K/day. I assume that daily limit would also apply for Tang funds 'Pulled' from another FI.

As for 'Pulling' funds from another FI to a Tang account, I don't know if Tang has a daily limit for that.

Maybe give them a call.

Cheers,

    Dean

  

Called Tang yesterday to do a push out of my account and they do any amount over the phone. The $25K daily limit only applies to the app or web.

I transferred most of my money out after receiving a 1% drop to their new promotion offer of 3.75%. Complaining doesn't get anywhere with them; since my history with them shows they don't care. I feel they test the waters and see if people like me will be complacent or I take action.

April 3, 2024
11:26 am
The Rock
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ChristineJon said
Hi There, any EFT pull limit by Tang? I am wondering if 0.5M$ or 1M$ allowed in a single transaction, would Tang shut your acc immediately if you transfer this large fund?  

Not sure if there's a limit but I once pulled $200k from Tangerine into HSBC in one shot.

April 3, 2024
11:32 am
The Rock
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MarkFog said

I transferred most of my money out after receiving a 1% drop to their new promotion offer of 3.75%. Complaining doesn't get anywhere with them; since my history with them shows they don't care. I feel they test the waters and see if people like me will be complacent or I take action.  

Tangerine dropped your rate to 3.75% during the promo period?

April 3, 2024
11:58 am
HermanH
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The Rock said

Not sure if there's a limit but I once pulled $200k from Tangerine into HSBC in one shot.  

I've pushed larger amounts out of Tang. There is no limit, except the requirement to call.

April 3, 2024
12:24 pm
smayer97
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Re: Pull limit from Tang via external account, I do not believe there is a limit but best to ask Tang, esp if it exceeds $300K, as I have seen many have pulled up to that.

April 3, 2024
1:44 pm
savemoresaveoften
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MarkFog said

Called Tang yesterday to do a push out of my account and they do any amount over the phone. The $25K daily limit only applies to the app or web.

I transferred most of my money out after receiving a 1% drop to their new promotion offer of 3.75%. Complaining doesn't get anywhere with them; since my history with them shows they don't care. I feel they test the waters and see if people like me will be complacent or I take action.  

if we all collectively rejects their $hitty offer, all will get better offer overall

April 3, 2024
10:00 pm
HermanH
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savemoresaveoften said if we all collectively rejects their $hitty offer, all will get better offer overall  

And if we all, collectively, refuse to patronize RCSS, we will get better grocery prices.

April 3, 2024
10:16 pm
MarkFog
Toronto
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The Rock said

Tangerine dropped your rate to 3.75% during the promo period?  

No, The promo ended on March 27 and their new offer dropped by 1%. It was 4.75%

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