Buying An Oaken GIC Using Money Still 'On Hold' :-) | Page 2 | Oaken Financial | Discussion forum

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Buying An Oaken GIC Using Money Still 'On Hold' :-)
July 15, 2025
7:51 am
cgouimet
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cgouimet said

Looking at 2 OAK GIC's I opened Mar 17, dated Mar 17 at OAK with funds drawn from TNG on Mar 18.  

For additional clarity ...

2 OAK GIC's showing "Issued Mar 17" at OAK.

Funds showing drawn, debited from TNG HISA on Mar 18.

CGO
July 15, 2025
8:40 am
Wrayzor
GTA
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Thanks cgouimet!

July 31, 2025
5:25 am
COIN
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Oaken is not at risk here because they are in total control. If the funds currently on hold turns out to be bogus, Oaken will simply cancel the GIC.

July 31, 2025
9:11 am
Dean
Valhalla Mountains, British Columbia
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.
Yes ... That ⬆️ was established here, quite sometime ago.

The real story here is that Oaken will let us invest in one of their GiCs, with funds that are 'Still On-Hold'. Almost all other FIs won't let us do that.

Yet another Feather in Oaken's Cap. sf-laugh

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

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