I do hope that I am mistaken
because I have yet to get the money deposited.
Transactions were made thru the
Bank of Nova Scotia
to convert RRSP’s to RRIF.
Now the RRIF has to be withdrawn fully
and papers were prepared
in a Bank of Nova Scotia branch.
That was last February 15.
No word has come from the bank
nor from Scotia McLeod
about the process of withdrawal.
The President of the Bank of Nova Scotia
has started an investigation into this matter
but how long would it take to find out
if they have the money to cover the withdrawal amount?
What I do know is that the notation placed on this account
is that this was slated “to be dispersed to the checking account”
It did not say when, though.
But what I get from the email coming from the
office of the President of the Bank of Nova Scotia
is that I have the right to take my case to
the Ombudsman of the banks.
Of course, but that process would incur more stalling time.
If the bank does not have the money to cover this small amount
it should notify the Canadian government so that
they can get another bailout.
Meantime, the Bank of Nova Scotia
are stalling for time.