Member
Member
Move your RRSP, TFSA or non-registered GIC to HCB, we will cover the transfer fee — and handle the paperwork for you. Enjoy one of the market’s most competitive rates, from the bank you already know.
Insured Deposits
Transferring a registered account sounds like a chore. With HCB, it is a single conversation and one signature.
Share a few details below, and a relationship manager will call you back — no forms to print, nothing to mail.
Your RM completes the transfer forms (T2033 / T2151) and we cover the transfer-out fee your current institution charges.
Sign a single authorization and we handle the institution-to-institution transfer. Your savings are home.
You already trust us with your banking. Here is why your registered savings belong here too.
We reimburse the transfer-out fee your current institution charges, up to the published cap.
Your relationship manager prepares everything. You sign once — we take care of the rest.
Your savings, at the Bank that already knows you. One statement, one point of contact.
Leave your details and an HCB relationship manager will call you to start the transfer — and complete the paperwork for you.
Takes under a minute. No SIN or account numbers needed yet.
An HCB relationship manager will call you within 1–2 business days.
HCB reimburses the transfer-out fee charged by your current institution, up to the published cap, on eligible registered transfers above the minimum balance. Your relationship manager will confirm the details when they call.
No. Your RM prepares the T2033 (RRSP/TFSA) or T2151 forms and walks you through them. You provide a single signature; HCB handles the transfer with your current institution.
Eligible deposits at HCB are insured by the Canada Deposit Insurance Corporation (CDIC) within applicable limits and coverage categories, including the separate category for eligible registered accounts.
Registered accounts have residency and eligibility requirements. If you are not eligible for a registered product, your RM can discuss term-deposit options instead. Speak to us and we will find the right fit for you.
Institution-to-institution registered transfers typically take a few weeks depending on your current provider. Your RM keeps you updated throughout.
Interest is calculated based on the daily closing balance of the account. This balance includes transactions completed prior to closing of a business day. Transactions completed or processed after closing of a business day or anytime over the weekend or on a statutory holiday will be considered for interest calculation purposes to have been made on the next business day. Daily interest is calculated as follows: daily closing balance x interest rate for the appropriate account divided by 365 (by 360 for USD accounts). Interest accrues each day during a leap year. When an account is closed, interest credited is calculated based on the previous business day. Interest is credited / paid to the appropriate account on a monthly basis or at maturity based on the terms of the account. Business day means Monday to Friday, excepting statutory holidays and excluding Saturdays and Sundays.