Notice: Due to a planned system upgrade, Interac e-Transfer will be unavailable between 01:00 am – 3:00 am PT (4:00 am - 6:00 am ET) on Sunday January 12, 2025. We apologize for any inconvenience.
Attention: En raison d'une mise à jour de nos systèmes, les Virements Interac seront indisponibles le dimanche 12 janvier 2025 entre 01 h 00 et 03 h 00 heure du Pacifique (4 h 00 - 06 h 00 heure de l'Est). Nous vous présentons toutes nos excuses pour ce désagrément.
Confirmation of Down Payments & Requirements
| Down Payment Source | Requirements |
| Savings Account | Bank Account Statements from the last 90 days |
| Redemption of Investments | A copy of a bank statement showing the funds being deposited and a copy of the investment withdrawal |
| Funds that are gifted | Gift Letter & Proof of correlating deposit into Account (Note: A gift letter must come from an immediate family member) |
| RRSPs | RRSP statement for the last 90-days and evidence of the RRSP withdrawal |
| Funds coming from an existing credit facility at another Financial Institution | Evidence of sufficient credit availability – bank or loan statement |
| Funds coming from a new credit facility at another Financial Institution | A copy of new loan agreement / commitment letter |
| Sale of Existing Property | A copy of the accepted sales Agreement |
Forms & Purposes
| FORM | PURPOSE |
| Profile Form – Entity | For KYC purposes and confirmation of ownership, control and structure including Beneficial Owners, Directors |
| WHO: | Corporations or other entities |
| Profile Form – Individual | For KYC purposes and Identification of Individual Borrowers, and signing officers. |
| WHO: | Individual Borrowers |
| Profile Form – Family Trust | For KYC purposes and confirmation of ownership, control and structure including Trustees, Settlors, Beneficiaries |
| WHO: | Trusts |
| Profile Form – Widely Held Trust | For KYC purposes and confirmation of ownership, control and structure including Trustees, Settlors, Beneficiaries. |
| WHO: | Widely Held Trusts – Publicly Held Trusts – IE: REITs |
| Third Party Form | To collect KYC detail for third parties (Persons or other entities) when borrowers are acting on their instructions. |
| WHO: | An individual or entity, other than the account holder, who gives instructions about the account. |
| PEP Form | For clients who acknowledge PEP Status |
| WHO: | Politically Exposed Persons (PEP) |