Transfering money from one bank to another
Will adding 2 bank accounts onto 1 paypal and then withdrawing money from one account and putting it into another be free of charge?
May 3rd, 2014 12:35 am
May 3rd, 2014 12:45 am
May 4th, 2014 7:10 pm
May 4th, 2014 8:34 pm
Why don't use e-transfer? You can definitely do it from CIBC through online bankingtaeyang987 wrote: ↑I am trying to transfer money from my cibc to my tangerine, but I dont have a cheque to transfer the money
May 4th, 2014 10:43 pm
May 4th, 2014 10:52 pm
May 4th, 2014 10:54 pm
May 4th, 2014 11:10 pm
Print your own and send it to tangerine.taeyang987 wrote: ↑I am trying to transfer money from my cibc to my tangerine, but I dont have a cheque to transfer the money
May 4th, 2014 11:13 pm
Seems shady haha, anyone tried it yet?
May 5th, 2014 1:59 am
May 5th, 2014 3:02 am
Yeah, mainly the reason why going through a method that isn't free through your bank is the more smarter thing to do.jmmsyahooca wrote: ↑Due to antilaundering regulations Paypal quite often freeze accounts, which are used to transfer big amounts of money (and especially to make big transfers without underlying buy-sell transactions).
Un-freeze of an account is possible, of course, but it may be (and quite often is) a quite lengthy and annoying process.
The freeze usually happens after the money are transferred into Paypal account, and before it left. So you are rather forced to play along :-)
YMMV, of course.
May 5th, 2014 3:03 am
You don't need a cheque to set up the link. You can go to CIBC and get a confirmation letter that provides the info about your acct(i.e. transit #, acct #, your name, etc.) with CIBC company stamp on it. Fax the letter to Tangerine. I did it with ING before.taeyang987 wrote: ↑I am trying to transfer money from my cibc to my tangerine, but I dont have a cheque to transfer the money
May 5th, 2014 12:27 pm
Don't even need to do that anymore! Seems Tangerine has very recently changed their method of linking external accounts. You no longer need to provide any cheques or forms. Process is now paperless and similar to what PayPal does (verify the amounts deposited by Tangerine to link).
May 6th, 2014 1:36 pm
Did you call the Tangerine CSR to find this info? It is not on its website.BoogieMan wrote: ↑Don't even need to do that anymore! Seems Tangerine has very recently changed their method of linking external accounts. You no longer need to provide any cheques or forms. Process is now paperless and similar to what PayPal does (verify the amounts deposited by Tangerine to link).
Add a new linked account
1. Provide your account information
You'll have to first provide us with some details of the account you wish to link to your Tangerine Account.
2. We'll send you some cash
Within a couple of business days, we'll deposit two small amounts to the account you're wishing to link to Tangerine Bank.
3. Confirm the amounts
You'll need to know the value of the two deposits that we made to the account you're linking. Once you've verified both amounts, the link will be complete.
May 6th, 2014 1:43 pm
It is there when you try to link an external account. See this post.
May 6th, 2014 2:18 pm
That is for adding additional linked acct if you are an existing Tangerine customer already. i don't think it is for a new customer opening the first acct.BoogieMan wrote: ↑It is there when you try to link an external account. See this post.
[IMG]http://i.imgur.com/5LM2FaB.png[/IMG]
Image courtesy of member djino
May 6th, 2014 3:13 pm
May 6th, 2014 10:15 pm
May 10th, 2014 10:48 am
May 10th, 2014 5:18 pm
ING/Tangerine doesn't allow LOC acct to be linked.GPS wrote: ↑Has anyone had success linking a LOC account from another bank to Tangerine? I actually have the LOC cheques but tried to use the online link but it says account not valid even though it's a Scotia transit and bank account number. Would it work if I did it the old fashioned way but sending a cheque to Tangerine by mail or will they refuse to link any LOC to the account?
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