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 Note: 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 |
n/a |
Available to Non-Residents |
Yes |
Continuous Savings Plan Option |
No |
Guaranteed By |
Bank of Montreal |
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