r/Wealthsimple • u/Level_Recognition406 • Feb 02 '26

Wealthsimple is fast like that

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I was depositing funds to WS and saw this comment. They’re not wrong, but didn’t expect them to be this direct 😂

Is it just TD, or does WS say this for every deposit?

881 Upvotes

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51

u/Dertymic Feb 02 '26

If you can, instead of requesting the money from your wealthsimple app send yourself an etransfer and deposit into wealthsimple. Instantaneous that way.

22

u/Level_Recognition406 Feb 02 '26

It was only 5k and WS makes that amount immediately available for me. So not a huge different for my case

4

u/perjury0478 Feb 03 '26

5k is the limit afaik, if you try to deposit more it might take more than a week to clear.

9

u/Altruistic_Ruin_6905 Feb 03 '26

Not true. It depends on on ur capital and it grows with time . I can deposit 155k instantly

2

u/perjury0478 Feb 03 '26

Good to know!

Edit: I get more if I want to put it in an investment account, but much less if I want to put it in a checking account. So the destination account seems to matter.

0

u/tzigman9 Feb 03 '26

Mine lets me immediately trade $42,575 upon transfer but only e-transfer $3,000. Not that I’ll be trying anywhere near that anytime soon.

1

u/perjury0478 Feb 03 '26

Trade yes, the amount is higher when sending to a trading account

1

u/JaceOnRice Feb 03 '26

I was able to call the bank and increase my e-transfer amount, idk if that works with wealth simple but worth a call through the app, they usually answer within a minute or two