| Item |
Details |
| Term(s) |
Non-registered: 1 day to 5 years
RSP: 1 to 5 years |
| Access to Funds |
Non-registered: Fully or partially cashable at anytime at pre-determined rates set at the time of purchase. No interest paid if redeemed within 30 days of issue date. Minimum withdrawal of $1000 while maintaining at least the minimum investment balance.
RSP: Fully or partially cashable at anytime. |
| Interest Payment Option |
Non-registered:
At maturity if term is less than 1 year.
Semi-Annually (April 30th & October 31st) and at maturity if term is 1 year or longer.
RSP:
Compounded annually on December 31st and paid at maturity. |
| Minimum Investment Amount |
1 to 5 years: $1,000
30 to 364 days: $10,001*
1 to 29 days: $100,001*
*Not available for registered investments. |
| Plan Eligibility |
RSP |
| Automatic Reinvestment |
Yes, at current rate (unless other instructions provided) |
| Issued By |
Bank of Montreal |
| Transferability |
No |
| Available to Business Banking Client |
Yes, Non-registered only |
| Statements |
Non-registered:
n/a
RSP:
Annual Statement (January) |
| Available to Non-Residents |
Yes, Non-registered only |
| Continuous Savings Plan Option |
No |
| Guaranteed By |
Bank of Montreal |
