Hi Anand,
Thanks for joining the conversation here at TD Helps.
Depending on the type of TFSA you currently have with TD, there may be a charge for you to transfer it out. If you have a:
TD High Interest TFSA Savings Account offered through TD Canada Trust: Assuming your funds were in cash, there is no fee to transfer your TFSA to another institution.
TD Mutual Funds TFSA: There is no fee to transfer to another institution. However, please note that all TD Mutual Funds, with the exception of Money Market Funds, are subject to a 2% early redemption fee for funds sold within 30 days of purchase, including units purchased through a pre-authorized purchase plan.
TD Direct Investing, formerly TD Waterhouse, TFSA: There will be a $135 transfer fee to transfer out to another institution.
Thanks for joining the conversation here at TD Helps.
Depending on the type of TFSA you currently have with TD, there may be a charge for you to transfer it out. If you have a:
TD High Interest TFSA Savings Account offered through TD Canada Trust: Assuming your funds were in cash, there is no fee to transfer your TFSA to another institution.
TD Mutual Funds TFSA: There is no fee to transfer to another institution. However, please note that all TD Mutual Funds, with the exception of Money Market Funds, are subject to a 2% early redemption fee for funds sold within 30 days of purchase, including units purchased through a pre-authorized purchase plan.
TD Direct Investing, formerly TD Waterhouse, TFSA: There will be a $135 transfer fee to transfer out to another institution.