Deposit Agreement Template – Canada

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The Deposit Agreement Template – Canada is offered in multiple formats, including PDF, Word, and Google Docs. Each version is customizable and print-ready, tailored to suit your requirements effortlessly.


Sample

Deposit Agreement Template – Canada

Editable – Printable



1. Parties Involved



2. Purpose of the Deposit Agreement

3. Deposit Amount

4. Interest Rate

5. Duration of the Deposit

6. Withdrawal Conditions

7. Confidentiality Clause

8. Governing Law

9. Amendments to the Agreement

10. Signatures and Acceptance




PDF


WORD

Examples


Deposit Agreement Template – Canada (1)
Between:
[Depositor’s Name]
[Depositor’s Address]
[Depositor’s Phone]
[Depositor’s Email]
And:
[Financial Institution’s Name]
[Institution’s Address]
[Institution’s Phone]
Introduction:
This Deposit Agreement (“Agreement”) outlines the terms and conditions under which the Depositor wishes to deposit funds with the Financial Institution, effective from [Start Date].
Clause 1: Deposit Amount
The Depositor agrees to deposit the total amount of [Deposit Amount] CAD into the designated account with the Financial Institution.
Clause 2: Interest Rate
The current interest rate applicable to this deposit is [Interest Rate]% per annum, compounded [Monthly/Quarterly/Annually].
Clause 3: Term of Deposit
The deposit will be held for a term of [Term Length] starting from [Start Date] until [Maturity Date].
Clause 4: Early Withdrawal Penalty
In the event of an early withdrawal, the Depositor agrees to pay a penalty of [Penalty Amount] or [Penalty Percentage]% of the withdrawn amount.
Clause 5: Governing Law
This Agreement shall be governed by the laws of the Province of [Province], Canada.
Signed in [City], [Date].
Sincerely,
[Depositor’s Signature]
[Depositor’s Name]
[Authorized Representative’s Signature]
[Financial Institution’s Name]
Deposit Agreement Template – Canada (2)
Between:
[Depositor’s Name]
[Depositor’s Address]
[Depositor’s Phone]
[Depositor’s Email]
And:
[Bank Name]
[Bank Address]
[Bank Phone]
Introduction:
This Deposit Agreement (“Agreement”) establishes the terms under which the Depositor agrees to deposit funds with the Bank, effective as of [Start Date].
Clause 1: Deposit Details
The Depositor will deposit a sum of [Deposit Amount] CAD into the account designated by the Bank.
Clause 2: Interest Terms
The interest accrued on the deposit will be [Interest Rate]% per annum, credited [Monthly/Quarterly/Annually] to the account.
Clause 3: Maturity and Renewal
At the end of the term ([Term Length]), the deposit will mature on [Maturity Date] and may be renewed at the prevailing interest rate at that time.
Clause 4: Withdrawal Conditions
Withdrawals may occur only at the maturity date unless an early withdrawal penalty of [Penalty Amount] is paid by the Depositor.
Clause 5: Jurisdiction
This Agreement shall be governed by the relevant laws of the Province of [Province], Canada.
Signed in [City], [Date].
Sincerely,
[Depositor’s Signature]
[Depositor’s Name]
[Bank’s Authorized Signature]
[Bank Name]

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Deposit Agreement Template - Canada