If approved, fax us the required supporting documentation.
Supporting documentation may include:
- Void cheque from a personal chequing account, imprinted with the borrower's name.
- Letter of Direction (if paying out an RSP loan at another financial institution)
- A B2B Bank Dealer Services² Retirement Plan Application or a B2B Bank Deposits RSP or RIF Account Application (for new B2B Bank Standard Program loan clients only).
Is a Proof of Assets or Proof of Income required?
Credit approved RSP Loans $50,000 and under do not require Proof of Income (POI)/Proof of Assets (POA).2
POI/POA will be required if the RSP Loan amount requested plus any RSP/TFSA Loan balances with B2B Bank exceed $50,000.