Why does Wealthsimple need my banking information?

Great question! There are a couple reasons why we ask for your banking information. One is that when you withdraw funds from your Wealthsimple account, we need somewhere to send your money. Secondly, connecting your bank account with Wealthsimple allows you to easily transfer money between the two. We highly recommend setting up automatically recurring deposits to get in the habit of saving regularly.

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