I filled out a form to transfer my TFSA to EQ bank (who offer a much better interest rate) 2 weeks ago. I received a phone call 3 days ago verifying my request for the transfer. Although I did verify, the funds are still sitting in the Meridian TFSA account and have not been transferred as I requested. I have also had my online banking frozen twice from what they have described as suspected fraud. I am guessing that they don’t like to release funds to purchase cryptocurrency. I feel like my money is being held hostage!
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Meridian Credit Union Ltd. is a Canadian credit union.