Transfers into a Cash account

Cash accounts are non-registered accounts, which means they don’t come with tax benefits or special account restrictions. This includes no limits on how much you can deposit and withdraw in the account. You can transfer any amount of cash (both Canadian and U.S. dollars) or investment into a cash account.

To do this, simply head to the following:

• For transferring funds, head to the REQUESTS tab in the header menu of your platform. Once you hover on the request tab, click the Transfer Funds page to start transferring funds. For a visual step by step instruction on how to transfer funds, please check this helpful article in our Transfers page.
• For transferring investments, go to the REQUESTS tab and choose the Transfer Investments page. To see a visual step by step instruction on how to transfer your investments, please check this helpful article in our Transfers page.
in our Transfers page.

Please note: If you're considering transferring funds from a registered account (such as an RRSP or TFSA) to a cash account, it's important to consult with a tax professional to fully understand the potential tax implications and how it may affect your financial strategy.

Note: The information in this blog is for educational purposes only and should not be used or construed as financial or investment advice by any individual. Information obtained from third parties is believed to be reliable, but no representations or warranty, expressed or implied, is made by Questrade, Inc., its affiliates or any other person to its accuracy.