CI Ops - Systematic Plans (PACs)

PAC

• Per-Authorized Chequing

• Pre-Authorized Chequing

• Pre-Authenticated Chequing

• Pre-Automatic Chequing

AWD

• After Withdrawal Date

• Automatic Wire Detection

• Automatic Withdrawal

• Automotive Withdrawal

IFE

• Inner-Fund Exchange

• Investment-Fund Exchange

• Inside-Fund Exchange

• Inter-Fund Exchange

Start/stop/modification requests for PACs must be submitted the day (a)   the run date.

• prior to
• of
• after

Starts/stops/modification requests for ​ (a)   must be submitted before ​ (b)   the day of the run date.

• AWD/IFE
• 4pm EST
• PAC
• 4am EST
• PPA
• 4pm MST

Which dealer does not allow third-party banking?

• Assante

• Manulife

• Sun Life

• CI

Match the following

• A systematic switch from one fund to another either within the same account or between accounts

• IFE

• A systematic withdrawal from a CI account

• AWD

• A systematic purchase into a CI account from a client's bank account.

• PAC

Banking information provided for PACs must be

• CPA Compliant

• CAP Compliant

• Void Cheque

• on the CI application form

Which of the following is NOT required when setting up a PAC?

• Run date

• Amount

• Investment Instructions

• Variance

• Frequency

What is the enforced PAC minimum?

• $50

• $25

• $500

• No minimum