Financial Consumer Agency of Canada
Symbol of the Government of Canada

Your Rights and Responsibilities: Transferring registered savings plans (RSPs)

Transferring registered savings plans (RSPs)

Canada's banks have made a commitment to respect certain timelines when transferring a registered savings plan (RSP) containing "deposit-type instruments", mutual funds or securities between financial institutions. This commitment outlines the maximum amount of time that banks can require for each kind of transfer.

For the full text of the commitment, see the Canadian Bankers Association Web sitePDF



Protecting Consumers / Informing Canadians