A trustee corporation contacted the Bank of Canada asking for the process to be deal with a completed bill of exchange it is holding. This was their response;
Dear Sir/Madam,
Your request falls outside the purview of the Bank of Canada. The Bank of Canada, as a central bank, is not a commercial financial institution, and therefore does not hold or accept deposits, bonds, securities or any other funds on behalf of general public, nor does it provide banking or financial services to individuals.
The mandate of the Bank of Canada is to conduct monetary policy so as to promote the economic and financial welfare of Canada. We pursue this objective by keeping inflation low, stable, and predictable. As part of our mandate, we also supply quality bank notes that are readily accepted and secure against counterfeiting; and promote the safety and efficiency of Canada's financial system.
Best regards,
Public Information Office Service de l'information publique Communications Bank of Canada/Banque du Canada 234 Laurier Avenue West/ 234, avenue Laurier Ouest Ottawa, Ontario K1A 0G9 info@bankofcanada.ca T: 1 800 303-1282 F: 613 782-7713
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