UnThreaded | Threaded | Whole Thread (14) | Ignore Thread Prev | Next
Author: Northwind100 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 181  
Subject: Re: American DRIPS in Canada Date: 1/9/2002 1:26 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Thank you for your posting. I am just getting back into the Fool and DRIPS themselves.

You made mention about automatic bank withdrawals. Are these available to us as Canadians or more specifically Canadian residents? For example, do you have automatical withdraws going through your account at the Bank of Montreal? If this is the case, is the key having a cheque that clears through BMO's branch in NY?

(About a year ago, I tried to invest directly with Pfizer. I provided an RBC cheque that clears through through a branch in NY, but Pfizer rejected it saying that the cheque wasn't drawn from a US bank and thus couldn't be cleared through the Fed Reserve system. I think Pfizer was wrong. It may be a case where I have to educate the company. Perhaps an explanatory letter from the RBC might be useful.)

I would greatly appreciate your comments.

Thanks,

Northwind100
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (14) | Ignore Thread Prev | Next

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement