Probably not. The thing about washing trades is that the investor is selling a USD stock in a CAD account and purchasing another USD stock. At the end of the transaction, the investor is only changing the stock they are invested in and the washing process eliminates any FX gain or loss the broker would get in the meantime.

Moving cash is a disposition and ultimately results in a change in currency.

Thanks. I wasn’t aware the term had that origin.

“A transaction designed to make it appear that a purchase and sale has occurred even though no change in ownership occurred. For example, an investor might simultaneously buy and sell shares in one company through two different brokerage firms in order to create the appearance of substantial trading activity that will draw in other investors. Wash trades are illegal.”