Tranfer from TD to Tangerine : only via bank draft??

Assuming you have the accounts linked, just do a pull from Tangerine to bring the funds over.
If it fails because too large, do it in smaller amounts, e.g. 10k each day for 5 days.

well of course! Thanks.
I was only thinking of TD to Tangerine, not the other way around.

TD is still stuck in the last century when it comes to Easyweb imo...have to do it via a pull using Tangerine's interface.

Write a check from TD.. deposit in your tangerine account.

aqnd wrote: ↑ Assuming you have the accounts linked, just do a pull from Tangerine to bring the funds over.
If it fails because too large, do it in smaller amounts, e.g. 10k each day for 5 days.

There are no practical* limits AFAIK for deposits into Tang. I've pulled in 500k recently online with no issue and twice that in the past when they had higher promo limits.

The ever changing Tang limits are on online withdrawals which can be circumvented by placing a phone call.

* Into the 7 figures.



For OP, as previously mentioned you can pull in from Tang but it won't show up immediately (generally next business day). Writing yourself a cheque and depositing it using their app is instant.

You moved six digit amount in 1 online transaction ? Is that even possible ?

mrtrump wrote: ↑ You moved six digit amount in 1 online transaction ? Is that even possible ?

Pulling into Tangerine is different than pushing out. I haven't been restricted on pulling in (have transferred mid-six figures) but to push out more than about $50K per day requires a phone call which then gets it done immediately. This latter transaction can also be done via secure online chat.

mrtrump wrote: ↑ You moved six digit amount in 1 online transaction ? Is that even possible ?

Yes and yes.

I have pulled 6 figures into Tangerine from TD. They put a 5 day hold on it but was earning interest from day 1.
Havent had to push out yet but I assume you either call Tangerine or just write a cheque to yourself and deposit in TD.

Conundrum1911 wrote: ↑ TD is still stuck in the last century when it comes to Easyweb imo...

They do it on purpose to avoid you moving money out of TD easily...same with the other Big 5 banks (Scotia is a little different that they have pull, but that also reinforces my point).

angel_wing0 wrote: ↑ They do it on purpose to avoid you moving money out of TD easily...same with the other Big 5 banks (Scotia is a little different that they have pull, but that also reinforces my point).

I am pretty sure that on the back-end, all of the big banks in Canada are still using systems developed in the 1980s.

Just because the user interface looks modern doesn't change how the back-end operates.

Agreed, surely all of them use very old systems with different programs all having to talk to each other.

renoldman wrote: ↑ I am pretty sure that on the back-end, all of the big banks in Canada are still using systems developed in the 1980s.

Just because the user interface looks modern doesn't change how the back-end operates.

renoldman wrote: ↑ I am pretty sure that on the back-end, all of the big banks in Canada are still using systems developed in the 1980s.

Just because the user interface looks modern doesn't change how the back-end operates.

Sure, let's say that you are right. But I really doubt that will hinder implementing EFT to be honest.