How to deposit cash into Wealthsimple at Canada Post
Take Canadian cash, government photo ID and the app's deposit QR code to a participating Canada Post counter. There's no fee.
Before you go
Count the money and note the total before leaving. Charge your phone, check the counter's opening hours and decide which account should receive the deposit. You'll have less to sort out at the till.
Use the in-app locator. Post Points and Pick & Drop outlets can't accept deposits.
Make the deposit
1. In the app, choose Move → Branch Services → Deposit cash.
2. Select your Chequing account, then View QR code. The destination can't change after scanning.
3. Let the clerk scan it, then hand over your money.
4. Keep the receipt until the deposit appears.
How much can you deposit?
| Limit | Amount |
|---|---|
| Minimum | C$10 |
| Per transaction | C$3,000 |
| Daily total | C$9,000 |
| Weekly total | C$60,000 |
Coins, cards and eligible accounts
Personal, joint and Business Chequing qualify. Coins are accepted, USD isn't. No physical Wealthsimple card is specified in the instructions.
What if the money hasn't appeared?
Deposits are usually available immediately. Wait at least 10 minutes, then contact Wealthsimple with your receipt if it's still missing.
A photo of the receipt gives you a backup. Keep the original while support investigates, and use Wealthsimple's own support channels for account details.
The extra Business Chequing limit
Business Chequing also has a shared C$9,000 rolling 24-hour limit across directors, alongside individual limits. The first limit reached applies.
Sources
- Wealthsimple: Deposit cash at a Canada Post location
Checked October 30, 2026, Pacific Time.