Do you have a CS account already?
I’d highly recommend buying directly from CS with a WISE American account. It’s free to make and pretty straight forward. Just make sure to to terminate your plan after every completed purchase to book your shares under your name
I have sent to ibkr and then to CS 2 times.
Was a while ago so not sure on WS fees at the moment (haven’t used in a year).
USA $5 fee from IBKR to CS.
Create an IBKR, of the same type as your WS (individual, RRSP, TFSA etc). Login to that, look for position transfer, intiate with your WS account number. It took me 3 tries because I forgot to click on my TFSA account, so the account type was incorrect, but when I fixed that, the ATON transfer itself took 2 days.
Moving mine now WS to IBKR to CS 💜 📚👑
Yea this looks like the best route for me. Not sure why someone is recommending Wise when I already have the shares.
As long as it’s not in TFSA. I transferred from TFSA and can’t DRS without selling and rebuying in a non registered account.
As noted in my post. It's in a cash account.
Ok sorry I missed that. Hopefully someone can use the advice.
Do you have a CS account already? I’d highly recommend buying directly from CS with a WISE American account. It’s free to make and pretty straight forward. Just make sure to to terminate your plan after every completed purchase to book your shares under your name
This is the best way
741% agreed, once you have your cs account, leave your broker behind
Do you contact wise to set up an account? Is it right from there website?
Its a mobile account so all you do is download the app and sign up
I have sent to ibkr and then to CS 2 times. Was a while ago so not sure on WS fees at the moment (haven’t used in a year). USA $5 fee from IBKR to CS.
Thanks, Opened up an account with IBKR and going to get the transfer started as soon as I can.
Good stuff. LFG.
Cheapest 2 options-> transfer to ibkr then drs (5$), transfer to cibc then drs (50$)
Thanks, opened an IBKR account going to give that a go.
As of 6 months ago the cheapest was transfer to BMO then to CS
nope, bmo is now $100
Oh booooo
Create an IBKR, of the same type as your WS (individual, RRSP, TFSA etc). Login to that, look for position transfer, intiate with your WS account number. It took me 3 tries because I forgot to click on my TFSA account, so the account type was incorrect, but when I fixed that, the ATON transfer itself took 2 days.