You can send a bill payment from your bank account, or you can initiate a deposit from your ModernAdvisor dashboard under Transfer.
To send a bill payment from your bank, add the custodian of your account as a payee with the account number of the account you wish to deposit the funds to.
For accounts that are held at Credential, the name of the payee is “Credential Securities Inc.” or “Credential Qtrade Securities Inc.” depending on the bank. For accounts that are held at BBS Securities, the payee is “BBS Securities Inc.”. See “How do I know if my account is held at Credential or BBS Securities” for more details.
Note that transfers that are initiated on your ModernAdvisor dashboard are subject to a 4-day hold before they become available for investing. Bill payments are not subject to a hold period.