2. ACCOUNT

An account number will replace your FOLIO number

The differences between the old account structure (before the transition) and the new account structure (after the transition, starting July 6, 2023*) are as follows.

Before the transition, you could hold one or more folios that included your account(s) and product(s) (chequing account, savings account, term savings, mortgage, personal loan, line of credit, etc.).

For example: folio 12345 included 12345-SHR, 12345-PCA, 12345-ES1, etc.

After the transition, the new account structure will no longer include folio numbers. Each product will have an account number under a unique identifier.

*Beawarewhentostartthesestepsbyreferringto www.uni.ca/en/transition

REMEMBER!

• The FOLIO will no longer be used as a designator for all accounts. It will be replaced by a unique identifier.

• Each product will have an account number.

• Your current chequing account number will remain the same.

• Your pre-authorized transactions, direct deposits and withdrawals, recurring bill payments or registered suppliers with your old account number will still be processed in the new system.

• However, during your first login on “My Profile”, you will need to click the sync button to access and manage your transactions from “My Profile”.

• For Interac e-Transfers, you will need to sign up again to the Interac service and re-enter the contacts you want to use to transfer funds into the new “My Profile” online tool (see “Interac e-Transfers” refer to “My Profile” section.)

• Your current plan stays the same.