Transferring stocks to Questrade?

How can I transfer specific stocks from my bank brokerage to my Questrade TFSA? For example, say I had $5000 of Google that I'd built up over two years in my RBC investing account, and now want to shelter further growth within my QT TFSA. How can I transfer stock? Do I need to sell and re-buy? (BTW I'm aware that I'll have to pay capital gains taxes when I put it into a registered account)

1 Answer

  • Fred S
    Lv 7
    8 years ago
    Favorite Answer

    It's called an in-kind transfer. Questrade should be able to do the paperwork for you. If they can't, find another dealer. Certainly, RBC could open a TFSA and transfer the stock for you.

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