| 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 |
RESP / 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: n/a
TFSA/RESP: Annual Statement (January/February)
|
|
Available to Non-Residents
|
Yes, non-registered only |
|
Continuous Savings Plan Option
|
No |
|
Guaranteed By
|
Bank of Montreal (BMO) |
