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Surrendering a Bond
Posted: January 15th, 2023, 9:01 pm
by Cj2023
Hello,
I know this is a reversal of investing ... but I intend to reinvest the funds. I have surrendered a bond and it’s not clear how long it takes to complete? Any advice on this?
Thanks
CJ
Re: Surrendering a Bond
Posted: January 15th, 2023, 10:38 pm
by Alaric
Cj2023 wrote: I have surrendered a bond and it’s not clear how long it takes to complete? Any advice on this?
What sort of bond and who with?
Re: Surrendering a Bond
Posted: January 16th, 2023, 1:40 pm
by GoSeigen
Cj2023 wrote:Hello,
I know this is a reversal of investing ... but I intend to reinvest the funds. I have surrendered a bond and it’s not clear how long it takes to complete? Any advice on this?
Do you mean a deposit bond at a retail bank? Which bank and which bond?
GS
Re: Surrendering a Bond
Posted: January 16th, 2023, 3:04 pm
by mc2fool
Cj2023 wrote:I have surrendered a bond and it’s not clear how long it takes to complete? Any advice on this?
Welcome to The Lemon Fool.
I take it from the word "surrendered" that you are referring to an investment/insurance bond (rather than a corporate bond, government bond or bank/building society savings bond), in which case you'll have to specify which company it's with so that any other Lemons with personal experience of the same can let you know how it went for them. Alternatively just call the company and ask....
