BMO Redeemable Short-Term Investment Certificate
| BMO Redeemable Short-Term Investment Certificate |
|
| Item |
Details |
| Term(s) |
364 days |
| Access to Funds
|
Fully or partially redeemable at any time. No interest paid if redeemed within 30 days of issue date.
Minimum withdrawal of $1000
while maintaining at least the minimum investment balance. |
| Interest Payment Option |
Interest paid up to redemption date or at maturity. |
| Minimum Investment Amount |
$1,000 |
| Plan Eligibility |
TFSA / RDSP |
| Automatic Reinvestment |
Yes, at current rate (unless other instructions provided) |
| Issued By |
Bank of Montreal Mortgage Corporation (BMMC) |
| Transferability |
Yes, non-registered only |
| Available to Business Banking Client |
Yes, non-registered only |
| Statements |
Non-registered: Monthly Account Tracker Statement only
TFSA: Semi-Annual Statement (January/February & July/August) |
| Available to Non-Residents |
Yes, non-registered only |
| Continuous Savings Plan Option |
No |
| Guaranteed By |
Bank of Montreal (BMO) |
|
|
