MONTREAL, Sept. 19, 2013 /CNW Telbec/ - The return of the fall season is
the perfect time to re-establish a certain discipline in investment
habits. To help savers get a better return on their investments, the
Bank is offering 2%i cash back on all investments transferred to the institution. This
represents an excellent means for savers to see their assets grow.
More specifically, from September 16 through December 31, 2013,
Laurentian Bank is extending a 2% bonus on all investments transferred
to and kept with the institution for a period of five years, or of 1%
on transfers kept with the institution for three years.
This offer is valid on all transfers into registered (RRSP, LIRA, RRIF,
TFSA, etc.) and non-registered accounts. The bonus of up to $20,000 per
client will be paid into the Bank's Tactical account. Transfers must be
made by no later than March 31, 2014, and they must come from a
financial institution other than Laurentian Bank or its affiliated
companies.
About Laurentian Bank
Laurentian Bank of Canada is a pan-Canadian banking institution that has
$34 billion in balance sheet assets and $37 billion in assets under
administration. Founded in 1846, Laurentian Bank was selected in 2012
as one of the 10 winners of the Canada's Passion Capitalists program in
recognition of its sustained success in creating "Passion Capital"
among its people. The Bank employs more than 4,200 people.
Recognized for its excellent service, proximity and simplicity,
Laurentian Bank serves more than one million clients in market segments
in which it holds an enviable position. In addition to occupying a
choice position among consumers in Québec, where it operates the third
largest branch network, the Bank has built a solid reputation across
Canada in the area of real estate and commercial financing thanks to
its teams working out of more than 35 offices in Ontario, Québec,
Alberta and British Columbia. Its subsidiary, B2B Bank, is a Canadian
leader in providing banking products as well as investment accounts and
services to financial advisors and brokers, while Laurentian Bank
Securities is an integrated broker, widely recognized for its expertise
and effectiveness nationwide.
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i Certain conditions apply. A cashback of 1% is paid if the amount
transferred and the cashback is maintained in the client's account for
three (3) years. A cashback of 2% is paid if the amount transferred and
the cashback is maintained in the client's account for five (5) years.
This offer does not apply to amounts transferred to a mutual fund or a
demand deposit. The amount transferred and the corresponding cashback
must remain in a Laurentian Bank account in accordance with the
blackout periods, otherwise a penalty equal to the cashback will be
charged to the client's account. The blackout period begins on the date
the investment is issued. The payment, which can reach a maximum of
$20,000 per client, is made in Canadian funds from a Laurentian Bank
Tactical account. To take advantage of this offer, please visit a
branch or call your advisor. The Bank reserves the right to terminate
or change this offer at any time, without notice. Please visit a branch
for details. The client is entirely responsible for any tax
consequences resulting from the payment, which is taxable if paid to a
non-registered account. To take advantage of this offer, you must sign
a transfer agreement between September 16 and December 31, 2013. This
offer applies to all transfers of funds, whether registered or
non-registered. Transfers must be made no later than March 31, 2014.
SOURCE Laurentian Bank of Canada
