January 7, 2023
I don't know, Warwick111, but if not why not just leave the GIC where it is and then close the account when it matures if you still want to close it (assuming the GIC is large enough to ensure you don't pay any account fees)? I have a number of discount broker accounts with big banks, never hurts to have options, far as I'm concerned. Only tricky thing I find is keeping track of CDIC limits if you have GICs issued by non-big banks in various places.
Thanks Bill. I was thinking of perhaps consolidating my accounts. Since my GIC is large enough to avoid any fees and I am not in a hurry, I will just keep the GIC and decide when it matures.
March 15, 2019