Canadian Dollar withdrawals via bank transfer.
Overview
| Property | Detail |
|---|
| Currency | CAD (Canadian Dollar) |
| Method | Bank Transfer / EFT |
| Source | OCA (commissions only) |
| Minimum | $150 CAD (after fees) |
| Maximum | $3,000 CAD per transaction |
| Platform | Canada platform |
Prerequisites
| Requirement | Status |
|---|
| Commission funds in OCA | Required |
| Canadian bank account verified | Required |
| KYC approved | Required |
| No pending withdrawals | Required |
Process
Bank Details Setup
The member navigates to Settings → Bank Accounts on the Canada platform and adds/verifies their Canadian bank account:
| Required Field | Note |
|---|
| Account holder name | Must match Corsair Connect registration |
| Account number | Bank account number |
| Transit number | Branch identifier |
| Institution number | Bank identifier |
Withdrawal Request
The member navigates to Withdraw, selects CAD / Bank Transfer, enters the amount, selects the verified bank account, and confirms.
Processing
| Stage | Detail |
|---|
| Submission | Request enters approval queue |
| Approval | CEO approves, CIO executes |
| Transfer | Funds sent via EFT |
Processing Timeline
| Stage | Time |
|---|
| Request cutoff | Friday 23:59 GMT |
| Approval | Next business days |
| Bank transfer | 1-3 business days |
| Total typical | ~5 working days |
Bank Account Requirements
| Requirement | Detail |
|---|
| Bank | Canadian financial institution |
| Account name | Must match registration |
| Account type | Chequing or savings |
| Currency | CAD |
Fees
| Fee | Amount |
|---|
| Processing fee | 250 CSR equivalent |
| Bank fees | May apply (member's bank policy) |
| Property | Detail |
|---|
| Processing | Through Canada platform |
| Credentials | Same as main platform |
| Currency display | CAD |
| Banking | Canadian banking integration |
Common Issues
| Issue | Resolution |
|---|
| Transfer not received | Verify account details correct; allow full processing time; check with bank; contact support after 7+ business days |