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How do I set up a monthly contribution plan or pre-authorized deposit with TD Direct Investing?

A Monthly Contribution Plan (MCP) allows you to make fixed dollar amount contributions to your RSP, RESP, RDSP and TFSA accounts by direct debit from your bank account on a recurring basis.

A Pre-Authorized Deposit (PAD) lets you make fixed dollar contributions to your non-registered accounts by direct debit from your bank account on a recurring basis.

To set up a Monthly Contribution Plan (MCP) or Pre-Authorized Deposit (PAD) to make contributions from your TD Canada Trust account to TD Direct Investing account:

  • Call us at 1-800-465-5463

OR

TD Waterhouse Cash Management Department

77 Bloor St. West, 7th floor

Toronto, Ontario

M5S 1M2

Canada

To contribute/deposit a fixed amount of money from your Canadian dollar bank account at any Canadian financial institution to your TD Wealth or TD Direct Investing account:

Complete the Pre-Authorized Deposit (PAD)/Monthly Contribution Plan (MCP) form and submit it with a copy of a void cheque at a TD Canada Trust branch or TD Direct Investing Investor Centre.

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