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Matured Fund Transfer to another Bank.

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L

l4rahman

Full Member
Sep 5, 2019
23
8
So I am keeping an FD of CAD 20k for the last 1 year in "Bank A". It will be matured on 23rd June. Turns out "Bank B" is giving a much better interest rate and I want to liquidate the fund and make another FD in "Bank B" of the same amount. My CRS is 483. I don't know how long it will take. But will it create any issues for showing "POF" if receive an ITA next month?
 
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