Laurentian Bank
Deposit insurer:
CDIC
Minimum deposit:
$1,000
Term (years):
1 - 5 Years
Interest payment options:
Annual
Compound Annual
Semi Annual
Quarterly
Monthly
Deposit Bands:
$1,000
$10,000
How are cheques with J.T.W.R.O.S worded:
John, Mary
Rate reduction from annual rate:
Semi Annual 1/4%
Quarterly 3/8%
Monthly 3/8%
GIC maturing on anniversary date/business day:
Anniversary
Interest payment method:
Deposit into clients account. Mailed 10 days prior to maturity
Transferable:
Yes: $50
Assignable:
No
Redeemable before maturity:
No. Hardship requests considered with penalties
GICs cashable/transferable upon death:
Yes
Documentation required for estates:
Contact Laurentian Bank
Fee / penalty for estate redemption:
No
Disclaimer: E&OE, All information is from reliable sources and believed to be accurate; however financial institutions current polices and or pricing will prevail. If you see a fact that you believe is fiction, please send a link to this page with your comment to
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