A: Before wiring funds, you must complete and have signed all necessary documentation to open a MOSIP account. Review How To  Open an Account. Once we have confirmed to you that your account is open, please notify us of the amount to be sent and the name of the bank sending the funds. Funds should be wired to MOSIP before 1 p.m. Central time.

A: You may withdraw funds from any account by (i) initiating a requisition for a wire transfer or ACH transfer on-line, (ii) telephoning 1-877-MY-MOSIP (1-877-696-6747), or (iii) writing a check to a third party, provided you have a MOSIP checking account.

A: Contact a MOSIP representative. Before the closing date, return your completed registration forms with bond documents (Official Statement, Non-Arbitrage Certificate, Closing Memorandum, Trust Indenture, Resolution) via mail or via fax to Client Services (888-535-0120). Once we have confirmed to you that your account is open, funds should be wired to MOSIP before 1 p.m. Central time; please notify us of the amount to be sent and the name of the bank sending the funds.

A: There are two options for electronic funds transfer available to MOSIP Investors:

 Same Day Wire Transfer – Funds can be transferred by wire to or from a MOSIP account. For incoming transfers, you must instruct your financial institution to send the funds to MOSIP. For outgoing transfers, the MOSIP client service team will initiate the transfer. In either case, MOSIP must be notified by 1 p.m. Central time in order for the funds to transfer/credit the same day. MOSIP has no service charge or fee for this service.

Next Day Transfer – Next Day Transfer utilizes the Federal Reserve’s Automated Clearing House (ACH) system. Funds are transferred overnight and are available in the designated account the next business day. Requests to transfer funds must be received by MOSIP via phone, fax, or online account access by 3 p.m. Central time. The Next Day Transfer Form must be completed in advance and takes approximately ten (10) business days to process

A. View your account information online or contact a MOSIP representative at 1-877-MY-MOSIP (1-877-696-6747).

A. Account information is available through the Connect Account Access link on this website. If you are a first time user, please submit a Contact Record Form. Once received by MOSIP, please allow two business days for setup before you begin accessing your account information.

A: Arbitrage is the profit from investing tax-exempt debt financing proceeds in higher yielding taxable securities. These excess earnings must be rebated to the federal government unless certain requirements are met. For further information on arbitrage,  click here .

A: In order to qualify for exemption from rebate under the 6-month spending exception, all gross proceeds and investment earnings thereon must be spent within 6 months of the issue date.

The 18-month exception requires that all proceeds and investment earnings thereon be spent as follows:

• 15% within 6 months of the issue date
• 60% within 12 months of the issue date
• 100% (less "reasonable retainage") within 18 months of the issue date 

The 24 month exception applies only to construction issues, and requires that all Available Construction Proceeds be spent as follows: 

• 10% within 6 months of issue date
• 45% within 12 months of issue date
• 75% within 18 months of issue date
• 100% (less "reasonable retainage") within 24 months of issue date 

A: Yes, you can complete the registration forms online in order to expedite the information delivery. However, you must print the completed forms and have appropriate individuals sign the forms and forward original documents to MOSIP by mail.

Mail Originals to: MOSIP Client Services ▪ c/o PFM Asset Management LLC ▪ PO Box 11760 ▪ Harrisburg, PA 17108-1760.

A: You will need to provide us with written notification of the change. You may complete the registration form for these updates. Please note on the form that this is an update and to amend our current instructions.