Please note the following year-end New Business Close-off Dates for Commission Processing:
Monday December 18, 2017 -
2 p.m. (ET) | Regular close off in New Business for settling requirements for the December 19, 2017 commission run. | Wednesday December 20, 2017 | Commission statements available on-line with direct deposit payments available by December 22, 2017. | Thursday December 21, 2017 -
2.p.m. (ET) | Close off in New Business for settling requirements for the December 26, 2017 commission run. | Wednesday December 27, 2017 | Commission statements available on-line with direct deposit payments available by December 29, 2017. | Thursday December 28, 2017 -
2.p.m. (ET) | Close off in New Business for settling requirements for year-end commission run. | Tuesday January 2, 2018 | 2017 year- end Commission statements available on-line with direct deposit payments available by January 4, 2018. | Monday January 8, 2018 -
2 p.m. (ET) | Regular close off in New Business for settling requirements for January 9, 2018 commission run. | Wednesday January 10, 2018 | Commission statements available on-line with direct deposit payments available by January 12, 2018. |
Please note the following year-end Conversion and SPIA Close-off dates for Commission processing: Friday December 8, 2017 -
2p.m. (ET) | All conversion and SPIA requests must be received by this date in order for policies to be issued for year-end settling. | Friday December 15, 2017 -
2p.m. (ET) | Conversion and SPIA settling requirements must be received by this date to allow for year-end commission processing. |
Enjoy the benefits of Paperless Payday: View your commission statements on-line the day they are produced AND have your commissions automatically deposited to your bank account. Your on-line commission statement is available to you through your secure Advisor Support account. Effective October 1, 2017 amount of paper cheques was increased to $500.00 and EFT remained at $50.00. If you wish to receive your commission payment by EFT, provide us with direct deposit information (a void cheque or bank stamped Direct Deposit Form) to insurance.agencyservices@bmo.com or 416-350-7600 (fax) to have your next commission payment deposited directly into your bank account. Follow these simple instructions and take another item off of your Holiday Check List! MB 502 (2017/12/04) |
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