Page Title: BuyDirect® > Zero-Percent C of I Five-Day Hold Reminder
What you can do on this page:
This page advises that when purchasing a C of I by debiting your financial institution, the total balance of your C of I will be ineligible for redemption for five business days. (The funds can be used for purchasing securities.) This is necessary in the event your C of I purchase request is returned to us by your financial institution. Five business days following receipt of the debit purchase, your funds are once again eligible for redemption.
HELPFUL HINTS: The Zero-Percent C of I does not earn interest and is intended to be used as a source of funds for security purchases.
Primary Actions
- Click "Submit" to complete the purchase and go to the Review page.
- Click "Cancel" to discontinue the purchase process and go to your previous page.