Financial Representative Agreements

What is Financial Advisor Services (FAS)?

Financial Advisor Services (FAS) is part of ICICI Bank Canada's Direct Banking Initiative. ICICI Bank Canada is a wholly-owned subsidiary of ICICI Bank Limited, which has its headquarters in Mumbai, India. ICICI Bank Limited is the second largest bank in India and one of the most respected financial institutions in South Asia with an asset base of US $ 96 billion as of December 31, 2007.

ICICI Bank Canada is a full-service direct bank, and a member of CDIC. The Bank offers a wide range of financial solutions to cater to personal, commercial, corporate, investment, treasury and trade requirements.

How do I become a Financial Representative?

Please note,, you need to have a book value of at least $10 million in GICs and Savings Account to qualify to have a direct arrangement with ICICI Bank Canada. In addition there will typically be other factors that ICICI Bank Canada will consider in the application process. If you would like to make an application for a direct arrangement, follow these steps:

Step 1: Download the Financial Advisor Services Application Form and fax the completed form to ICICI Bank Financial Advisor Services (FAS) coordinator at 1-866-ICICI FX (1-866-424-2439). You can also mail the form to the FAS Coordinator address - FAS Coordinator, ICICI Bank Canada, Don Valley Business Park, 150 Ferrand Drive, Suite 700, Toronto, ON M3C 3E5..

Step 2: A Sales Manager will then contact your office to discuss our Financial Advisor Services (FAS) program.

Step 3: If you meet our requirements a formal Financial RepresentativeAgreement will be forwarded to your office for completion

To establish a Sub-Representative what steps need to be completed?

You need to complete the following:

a) FAS Application Form
b) Sub-Representative Appointment Agreement
c) Schedule D of Financial Representative Agreement

How do we get the Sub-Representative codes?

On receiving all of the signed documentation indicated, the FAS Coordinator will generate a Sub-Representative code and send it to the Financial Representative..

When should we allow the Sub-Representatives to use their assigned Sub-Representative Number?

If the Sub-Representative meets our requirements, we shall then confirm via email advising of the Sub-Representative's assigned number (Sub-FR code) which they can commence using immediately.