Page Title: Buy Direct > Zero-Percent C of I Five-Day Hold Reminder

Zero-Percent C of I 5-Day Hold Reminder

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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.

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