Deposits


View Rates MonCana Bank of Canada provides Guaranteed Investment Certificates (GIC's) to clients through an independent deposit broker network across Canada.   The following investment options are available:

Non-Registered Guaranteed Investment Certificates (GIC's)
Short term deposit of 1 year or less.
Cashable term deposits redeemable without penalty after 30 days.
Fixed term deposits of terms 1-5 years.

Through CDIC (Canada Deposit Insurance Corporation), eligible deposits are insured to $100,000 (principal and accrued interest combined). Further information and eligibility requirements can be obtained through the CDIC website ahttp://www.cdic.ca/protecting_your_deposits.html.

Certificates are not assignable and are transferable at the sole discretion of the Bank. A service fee of $25 will apply to transfers.

Please contact us to find a MonCana Bank of Canada authorized deposit broker near you or refer to the Registered Deposit Broker Association (RDBA) website www.rdba.ca for a full listing of RDBA Members across Canada.

 

 

"Protecting Your Deposits"

Canada Deposit Insurance Corporation   Registered Deposit Brokers Association