In some cases, Electronic Fund Transfer (EFT) deposits may fail due to Non-Sufficient Funds (NSF) in the account from which the funds are being transferred.
If this occurs, you can simply attempt the deposit again once the funds are available, or, for scheduled or recurring deposits, the next scheduled transfer will occur automatically.
Please note that Corex does not charge NSF fees for failed EFTs deposits. However, some financial institutions may apply NSF fees as per your agreement with them. We recommend checking directly with the institution where the deposit was initiated to verify any applicable fees.
Disclaimers:
*The funds in your Corex accounts are held by our custodian institutions. Please refer to your custodian’s policies and fees for any additional charges, including those related to NSF or EFT deposits.
**Corex Financial Inc. ("Corex") offers wealth management products and services to Manzil customers. Corex Financial Inc. is a registered Portfolio Manager in each of the provinces and territories of Canada and as an Investment Fund Manager in the provinces of Alberta, Ontario, Newfoundland and Labrador, and Quebec. Assets in your Corex accounts are held with various custodians, each registered as an investment dealer with the applicable securities regulators. All custodians are members of the Canadian Investment Regulatory Organization (“CIRO”) and the Canadian Investor Protection Fund (CIPF). All trademarks are the property of their respective owners. Corex will determine what investments are suitable for you.
