Comments on: Canadian Banks / Mutual Funds Watch (2006-09-29) http://investorial.com/canadian/canadian-banks-mutual-funds-watch-2006-09-29/ Investments + Editorials: Dissecting the good, the bad, and the ugly of investment / financial media! Wed, 07 Jan 2009 01:50:12 +0000 http://wordpress.org/?v=2.5.1 By: Laura Lea Macaulay http://investorial.com/canadian/canadian-banks-mutual-funds-watch-2006-09-29/#comment-33157 Laura Lea Macaulay Tue, 06 Nov 2007 21:38:15 +0000 http://investorial.com/canadian/canadian-banks-mutual-funds-watch-2006-09-29/#comment-33157 Do you know how many days the banks should have to transfer funds on a T2033 from the bank to a mutual fund company? Between mutual fund companies it is typically 3 business days. The Bank of Montreal claims they have 15-20 days. A cheque issued for funds due on Oct. 29 still has not reached AGF for invesment on a T2033 issued on Oct. 5 for funds due Oct. 7/07. OFSI has not responded - ref # 449. The interfact for entry of this information is offset a bit to the left. It cuts off about 1/2 and inch of text on the left side, so I was not able to read the text on the left margin, nor can I see what I am typing in that space. Do you know how many days the banks should have to transfer funds on a T2033 from the bank to a mutual fund company? Between mutual fund companies it is typically 3 business days. The Bank of Montreal claims they have 15-20 days. A cheque issued for funds due on Oct. 29 still has not reached AGF for invesment on a T2033 issued on Oct. 5 for funds due Oct. 7/07.

OFSI has not responded - ref # 449.

The interfact for entry of this information is offset a bit to the left. It cuts off about 1/2 and inch of text on the left side, so I was not able to read the text on the left margin, nor can I see what I am typing in that space.

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