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Citizens Bank TFSA transfer fee
January 20, 2009
4:09 pm
Peter
Admin
Forum Posts: 1372
Member Since:
May 15, 2007
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Just FYI:

The fee is $25 to transfer from a Citizens Bank TFSA to another institution's TFSA (free to withdraw from a Citizens Bank TFSA to a Citizens bank chequing or savings account). This is also the same fee if you want to transfer from a Citizens Bank RSP to another institution's RSP.

The reason why you would consider transferring a TFSA to another institution is because you get to keep your contribution room for that year.

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