Winnipeg Free Press

Winnipeg Free Press (Newspaper) - January 22, 1990, Winnipeg, Manitoba January Trust companies i chartered savings account rasps 1 savings account interest interest if fees 1 2 2 fixed term Deposit rasps fixed term Deposit minimum washable interest or 10 or or 10 1 or 11 1 or 10 or 10 or 10 or 11 1 or 10 i 10 1 or 10 or 10 10 1 or or 10 10 or 10 2 guaranteed 3 10 3 10 3 10 3 11 3 10 3 10 3 11 3 10 3 11 3 10 3 10 3 10 3 10 3 3 10 3 10 3 10 3 10 3 1 1 4 5 interest annually at or Transfer fee retire ment fee eduction 1 rates based on minimum Dollar with higher rates at other Deposit also offer investments with interest paid and reinvested via savings account rates Are subject to change without Date can be close look at transfers required continued from Page 17 Early suddenly be willing to negotiate rates on this happened during the last resp sea son and has been continuing through the past Cale says some companies Are even using computerized systems to Monitor resp Transfer request forms As they arrive by customers Are then telephoned and asked whether they would be willing to keep their rasps with the company if it agrees to match the higher rate being offered by the compete dramatizing the ferocity of the resp marketplace is a letter from a Winnipeg Trust company that pro Mises to match or better the rate of its 10 major All other conditions remaining retaining your Money with your original issuer could prove beneficial if the trans Fer transaction Means loss of a few or More Days interest because of administrative and mail on the other be wary of Transfer fees apparently designed to discourage customers from moving their resp experts say imposition of such penalties some times come after the fact that the original resp issuers introduced them some time after the Money was placed with its not but its Unetha says claiming that most of the Large Banks have implemented Transfer processing advises potential resp buyers to ask for written confirmation that their purchases will not be subject to either acquisition or Transfer Atkins admits that Transfer fees Are becoming More at a it would Cost for someone trying to switch a dozen Gic if i had a Batch of rasps with a Trust More Money in a mortgage fund at a i might try to get the Trust company to reduce the fees or Threa ten to shift All of my fees Are its ridiculous to have a fee on a Gic chosen Between 12 months and 60 months with some chartered chartered Banks offer redeemable term Deposit rasps for redemption penalties please consult Why the resp Over the past 22 no resp manager has been Able to keep up with the average annual compound return generated by Mackenzie financial let us show you How your resp can be a too p fund distribute 705294 Portage Manitoba r3c ob9 20 years experience the largest Independent fund broker dealer on the Prairies Call us today 9420629 offer made Only by the Industrial group of funds More any other Bank the answer is 1 highly competitive interest 2 lots of solid Asp 3 Asp specialists in every Royal Bank put them All together and the Royal Bank becomes the logical Choice for your Asp drop in today or Call Tollfree 18006611502 and avoid the february 11 for a l year no redeemable retirement term rate effective january leading Asp Royal Bank ;