Overview

Loan collateral held in client name needs to be re-registered and held in nominee with either B2B Bank or B2B Bank Dealer Services (B2B Bank Financial Services Inc., B2B Bank Intermerdiary Services Inc., or B2B Bank Securities Services Inc.).

Below is the information needed for your clients to fill out in order to re-register
their accounts.

  • Investment Account Application (not applicable for MGAs)
  • Transfer Authorization for Non-Registered Investments for each Mutual Fund company that holds investment collateral for the client’s loan
  • Transfer Authorization for clients who hold segregated funds
  • Letter of Direction for existing cash distributions only
  • MGA supplemental client information form

Upon receipt of all documents in good order, we will facilitate the transfer of assets with the corresponding fund companies and segregated fund companies. Assets will be held in new Investment Accounts with B2B Bank Dealer Services or
B2B Bank. Please note that transfer processing times vary by fund company
and product.

Key Documents

Stay informed by accessing key documents and visit regularly for updates. Select a tab to sort document types. Download all applicable documents.


Document Name
Date Posted
 Documentation Checklist July 2018
 ​Letter of Direction for Cash Distributions January 2016
 ​Transfer Authorization for Non-Registered Investments July 2018
 ​Supplemental Client Information Form August 2018

 
Empire Life Insurance Company- Empire Class Funds  
 ​TIK Transfer Form for Class May 2018
 ​Letter of Direction for Cash Distributions January 2016

 
Empire Life Insurance Company- Empire Class Funds  
 ​Supplemental Client Information Form August 2018
 
Ivari  
 ​Letter of Direction for Cash Distributions January 2016
 ​Dealer/Nominee Transfer Form October 2017
 

Manulife

For any questions regarding the completion of the forms, call the Manulife Contact Centre at 1.888.790.4387. Fax completed forms to 1.877.277.3774.
 ​Segregated Funds Transfers-in-Kind September 2018

 
TD GIF II  
 ​Letter of Direction for Cash Distributions January 2016
 ​Transfer Authorization for Non-Registered Investments July 2018
 
Standard Life  
 ​Segregated Funds Transfers-in-Kind September 2018
 
Equitable Life  
 ​Supplemental Client Information Form August 2018
   
CI Investments  
 ​Registered Owner Change Form June 2018
 ​Letter of Direction for Cash Distributions January 2016
   
RBC Life Insurance Company  
 ​Nominee Name Transfer Form June 2018
 ​​Letter of Direction for Cash Distributions June 2016

Document Name
Date Posted
  Documentation Checklist January 2016
  Letter of Direction for Cash Distributions January 2016
  B2B Bank Dealer Services transfer form - Transfer Authorization for Non-Registered Investments July 2018
  B2B Bank Financial Services Inc. – Investment Account Application (MFDA) November 2021

Document Name
Date Posted
  Documentation Checklist January 2016
  Letter of Direction for Cash Distributions January 2016
  B2B Bank Dealer Services transfer form - Transfer Authorization for Non-Registered Investments July 2018
  B2B Bank Intermediary Services Inc. – Investment Account Application (AMF) November 2021

Document Name
Date Posted
  Documentation Checklist January 2016
  Letter of Direction for Cash Distributions January 2016
  B2B Bank Dealer Services transfer form - Transfer Authorization for Non-Registered Investments July 2018
  B2B Bank Securities Services Inc. – Investment Account Application (IIROC) November 2021

For IIROC dealers who have not signed an Introducing Carrying Agreement with B2B Bank Dealer Services: please contact us at 1.800.263.8349 and ask to speak with your Operations Relationship Advisor.


Document Name
Date Posted
 ​Press Release - B2B Bank acquires investment loan portfolio from TD August 2015
 ​Advisor notice (AMF, IIROC, MFDA, MGA) January 2016
 ​Dealer notice (AMF, IIROC, MFDA, MGA) January 2016

For IIROC dealers who have not signed an Introducing Carrying Agreement with B2B Bank Dealer Services: please contact us at 1.800.263.8349 and ask to speak with your Operations Relationship Advisor.

FAQ

If you have any questions, please review our FAQ section or contact our Client Services department.

Collateral for B2B Bank’s Investment Loan portfolio is generally held in nominee accounts with B2B Bank Dealer Services. Our nominee accounts improve the overall client experience by streamlining processes and reporting.

We will be transitioning collateral on receipt of all properly completed documentation.

Yes, additional investments may be held in the same account as your existing investments. This provides for easy account management and flexibility when other investment opportunities arise. However, please be aware that all investments in an investment account that is pledged as security for a loan may be used to repay a loan. If the value of a client’s existing investments is not sufficient to repay a loan, the client may be restricted from removing any additional investments purchased.

For as long as the investment loan remains active, there will be no annual fee for the investment account. This account may be subject to other fees. Please refer to the fee schedule for individual accounts.

Please contact our support line at 1.866.273.9970 or 416.216.5370 between the hours of 8:00 a.m. and 8:00 p.m. (ET) Monday to Friday.

If you would like a report listing of the impacted client accounts or have any questions, please contact our support line at 1.866.273.9970 or 416.216.5370 between the hours of 8:00 a.m. and 8:00 p.m. (ET) Monday to Friday.

To view if your transfer to B2B Bank or B2B Bank Dealer Services has been completed, simply login to Advisor Access and select dealer transaction reconciliation files. Your client’s will also receive a welcome kit for the account setup process.

Please continue to contact your clients and send in the required applications and forms.

Note: If we do not receive a response and the account is not transferred by September 28th, 2018, we will contact your impacted clients directly by mail.

We will request the fund companies process the transfer at book cost. We are not anticipating any tax implications (dispositions, etc.) to be associated with these transfers.

 

B2B Bank is a wholly-owned subsidiary of Laurentian Bank of Canada. B2B Bank does not provide investment advice to individuals or advisors and does not endorse or promote any investment products. The dealer and advisor, not B2B Bank, are responsible for determining the suitability of investments for their clients and for informing them of the risks associated with borrowing to invest. B2B Bank acts solely in the capacity of lender and loan account administrator. Any loan approval from B2B Bank should not be construed as an endorsement of any investment choice, program or strategy. All loans are subject to credit approval and borrowed monies are due and payable regardless of the performance of the investments purchased. B2B Bank reserves the right to request additional information or documentation at its sole discretion. The B2B Bank Investment Loan Program is available exclusively through licensed financial advisors. ®B2B BANK is a registered trademark of B2B Bank.