To learn more about your business and understand your banking needs, we will need following information:
- Purpose of the account – e.g. for payments of day-to-day expenses, remittances, etc.
- Understanding your transaction – e.g. frequency, method and value of deposits and withdrawals.
- Source of funds – We need to ascertain the initial source of funds for setting up the business.
- If the account is being used for a third party - In this context, a third party is defined as an individual or entity, other than the account holder and authorized signers, who might provide instructions or directions for conducting transactions through the account.
- Owners of the business - For each individual with 25% or more direct or indirect ownership interest, we are required to collect and record the person’s name, home address, and occupation.
- Director information for corporations - For each director of a corporation, we are required to collect and record name,
home address and occupation.
Step 2 Call any of our branches and schedule an appointment
For assistance, please call our 24-hour Customer Contact Centre toll-free at 1-888-ICICI-CA (1-888-424-2422)
