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by loopdoend 1191 days ago
This does not reflect the reality of business bank accounts in Canada.

When you have treasury access you can wire as much money as you want practically instantly just like with SVB. I bank with one of the big 5.

Nothing is stopping you from going into your bank and wiring money away it's just cash that they don't want to give out without multi-day delays.

1 comments

Even in Canadian personal account you can wire as much as you want out - same day value to the destination. Only limitation is if you want it in cash because they'll have to get the paper bills delivered since the branch only holds so much paper bills.