Redemptions - Canada Savings Bonds

More documents

Recommendations

Info

S42 May 2014When redeeming R Bonds, do not complete a T600 Form. Registered owners willreceive a T5 Form from the Canada Savings Bonds office covering the interest earnedduring the last bond year or earned until redemption. CRA will also be provided with thisinformation from the Canada Savings Bonds office.Cash Bonus PaymentsForm T600C is to be completed and signed by, or on behalf of, the registered owner asacknowledgement of receipt of the total cash bonus payments(s). Branches will berequired to produce their copy of Form T600C or other evidence as proof of payment incases where registered owners claim a cash bonus payment was not received.Redemptions 16
S42 May 2014Procedures for Presentation to Data Centres /CentralBranchesStarting with CSB Series 51 and CPB Series P3Redeemed Bonds, with redemption values micro-encoded in the bottom front corner,are to be grouped in batches of not more than 250. A detail listing, including thefollowing information, is to be prepared and securely attached to the appropriate batch:• the name and address of the data centre or central branch;• the complete CSB ID Number of the data centre or central branch;• the date;• the number of redemption certificates;• the value of the batch.NOTERedeemed certificates within each batch are to be in the same sequence as shownon the detail listing. Listings received from branches or other sources are not to betransferred to the Bank of Canada.Series 32-50Certificates with MICR redemption amounts, with Bond Heads and perforated stripsdetached, are to be grouped in batches of not more than 250. A detail listing, includingthe following information, is to be prepared and securely attached to the appropriatebatch:• the name and address of the data centre or central branch;• the complete CSB ID Number of the data centre or central branch;• the date;• the number of redemption certificates;• the value of the batch.If there are multiple batches of redemption certificates, the value of each batch with anattached detail listing, is to be listed on a summary listing. The summary listing is to besecurely attached to the first batch listed and also include:• the name and address of the data centre or central branch;• the complete CSB ID Number of the data centre or central branch;• the date;• the total value of the batches;• the number of packages submitted.NOTERedeemed certificates within each batch are to be in the same sequence as shownon the detail listing. Listings received from branches or other sources are not to beforwarded to the Bank of Canada.Redemptions 17
Page 5 and 6: S42 May 2014Discharges by Registere
Page 7 and 8: S42 May 2014Canada Premium Bonds (C
Page 9 and 10: S42 May 2014Redemption PeriodsCanad
Page 11 and 12: S42 May 2014Canada Savings Bonds (C
Page 13 and 14: S42 May 2014Redemption PeriodsCanad
Page 15: S42 May 2014Sample CSB Series 1 - 3
Page 20 and 21: S42 May 2014Series 1-31All Bonds an
Page 22 and 23: S42 May 2014Presentation by Central
Page 24 and 25: S42 May 2014The redemption values o

Redemptions - Canada Savings Bonds

Create successful ePaper yourself

Delete template?

Save as template?