Wealthsimple HISA | Page 4 | Wealthsimple | Discussion forum

NorthernRaven said

This is true, and anyone actually using WS Cash to park six figures would want to make themselves comfortable with the circumstances. I suppose Wealthsimple Payments could in theory misdirect the funds in or out of the trust company, and be running riot in Rio, but that probably wouldn't be on the top of my list of concerns. It would be interesting to know just what their relation is inside the Wealthsimple world, but I suspect they are on the parent books in some form or another.

It's actually only partially true; see my response to Norman above.