Also, the minimum balance requirements and number of withdrawal transactions allowed may be on par with savings accounts. (getrichslowly.org)
They said that if you have a TD bank account, and all funds're being purchased on the same day, it would be a single withdrawal transaction. (canadiancapitalist.com)
Use His Savings Account Only for Savings: Savings accounts generally pay a higher interest rate but also charge much higher per withdrawal transaction. (loanbox.ca)