New DUCA 6 Month GIC @ 5.15% (was 5.50%) | Page 3 | DUCA Credit Union | Discussion forum

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New DUCA 6 Month GIC @ 5.15% (was 5.50%)
January 23, 2025
5:15 pm
Lodown
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'Interest is allocated on a T5 when received. So 2025 for you.

January 23, 2025
5:23 pm
rk
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Lodown said
'Interest is allocated on a T5 when received. So 2025 for you.  

Thanks for clarifying.

January 26, 2025
7:23 pm
Lodown
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Has anyone had their Duca Term Deposit mature on a Saturday? If so, are the funds in the account on the Saturday or the next business day?

If a Duca cheque is deposited at another bank on a Friday, how long before the funds are actually taken from the Duca account - does it take 1 or more business days?

January 26, 2025
11:36 pm
MG
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Lodown said
Has anyone had their Duca Term Deposit mature on a Saturday? If so, are the funds in the account on the Saturday or the next business day?

I had a 6 month GIC mature on Saturday, January 11th and the entire balance including interest was in my account upon logging in on Saturday.

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