Questrade introduces Instant Deposit allowing investors to fund accounts in seconds
Canadian online broker Questrade is introducing Instant Deposit – a feature that allows customers to now deposit funds to their accounts in real time and start trading. Questrade aims to fulfill traders’ desire for immediate access to funds without having to wait for a transfer processing period, so clients never miss a market opportunity.
Questrade is offering this important new feature through an exclusive category partnership with Zūm, a provider of all-in-one payment gateways.
As of June 1, 2021, current and future customers can deposit up to their daily bank limit to their Questrade accounts through Visa Debit – typically up to $3,500 – whenever they want, instantly. Questrade Instant Deposit enables clients to send money securely and seamlessly in real time with included additional security features to provide the most advanced Visa Debit payment solution in the market.
In addition, Questrade plans to introduce transfer by Interac, early this summer.
“We are always looking to improve our customers’ investing experience,” said Edward Kholodenko, president and CEO, Questrade. “We are proud to offer this new feature, which will make it easier for clients to add significant funds to their accounts, and never miss an opportunity. It is yet another way we can help our customers achieve their financial goals.”