Hubert increasing hold times from 4 days to 6 days | Hubert Financial | Discussion forum

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Hubert increasing hold times from 4 days to 6 days
November 20, 2018
10:13 am
Shawguy
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December 18, 2008
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Just got this in email

INCOMING TRANSFER HOLDS
Effective November 19, 2018, we have increased the incoming transfer hold period from four days to six days. Here are a few things to keep in mind:

Funds pushed from external accounts to your Hubert account will not be held.

When funds are pulled from external accounts to your Hubert account (using happysavings.ca) you’ll start earning interest that same day!*

If you need a hold removed to purchase a term deposit, we’d be happy to accommodate your request. This is also a friendly reminder that you can create a term deposit and transfer directly into your new term from an external account.

We apologize for any inconvenience this may cause and we appreciate your business. If you have questions or comments, we are (almost!) always here to help.

Sincerely,

Hubert Financial

*The transfer must be input on a business day before 4:00 pm CST.

November 20, 2018
11:31 am
Loonie
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October 21, 2013
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They didn't explain why they are doing this.
This annoys me. I think we're entitled to an explanation.

November 20, 2018
11:40 am
Top It Up
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December 17, 2016
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I'm not a client but I wonder if Hubert was/is being overused as a HUB for money movement and if that had/has anything to do with this decision.

November 20, 2018
1:40 pm
Saver Guy_2018
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January 30, 2018
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Hello Top It Up, I think you are correct. That has everything to do with it.

November 20, 2018
4:38 pm
Rick
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February 17, 2013
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Just doesn't matter (to me)

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