BMO US$ Term Deposit Receipt
| BMO US$ Term Deposit Receipt |
|
| Item |
Details |
| Term(s) |
30 days to 5 years |
| Access to Funds
|
Fully or partially cashable at anytime at a pre-determined rate set at the time of purchase. (Investments US $100,000 or more are not eligible for early redemption). Minimum withdrawal of $1000 while maintaining at least the minimum investment balance. |
| Interest Payment Option |
Terms less than one year: Interest paid at maturity.
Terms equal to or greater than one year: Interest paid semi-annually on April 30 and October 31, and at maturity. |
| Minimum Investment Amount |
US $1,000 (Investments US $100,000 or more are not eligible for early redemption) |
| Plan Eligibility |
|
| Automatic Reinvestment |
Yes, at prevailing interest rate (unless other instructions provided) |
| Issued By |
Bank of Montreal |
| Transferability |
No |
| Available to Business Banking Client |
Yes |
| Statements |
Monthly Account Tracker Statement only |
| Available to Non-Residents |
Yes |
| Continuous Savings Plan Option |
No |
| Guaranteed By |
Bank of Montreal |
|
|
