Item |
Details |
Term(s) |
364 days |
Access to Funds |
Fully or partially cashable at anytime. 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 to redemption date or at maturity. |
Minimum Investment Amount |
$5,000 |
Plan Eligibility |
|
Automatic Reinvestment |
Yes, at current rate (unless other instructions provided) |
Issued By |
Bank of Montreal Mortgage Corporation (BMMC) |
Transferability |
Yes |
Available to Business Banking Client |
Small Business Banking Clients only |
Statements |
n/a |
Available to Non-Residents |
No |
Continuous Savings Plan Option |
No |
Guaranteed By |
Bank of Montreal (BMO) |