There are 3 easy ways to fund your Mercer Invest Wise account:
- One-time transfer from a chequing account: A one-time transfer of funds from your bank account to your Mercer Invest Wise account. Once initiated, we will pull the requested amount for your bank account on file and will deposit it into the specified Mercer Invest Wise account. This typically takes 1 - 2 business days to appear in your account.
- Automatic recurring deposits: A certain amount of money is automatically withdrawn from your chequing account and contributed to your Mercer Invest Wise account on a regular basis. The timeframe is up to you and we can help you set up weekly, bi-weekly, or monthly contributions.
- Transferring an existing investment account: First, make sure you have the specific account type (RRSP, TFSA, etc.) open with Mercer Invest Wise. Then you can transfer an existing account from another institution to Mercer Invest Wise. This process typically takes up to 5 weeks depending on the institution that you're transferring in from.
Click the links above for a step-by-step guide on how to complete your transaction. If you have any questions or need help funding your Mercer Invest Wise account, please create a request for our Relationship Management team.