RSPs

We accept the following cheques

  • For an RSP ‘individual’ contribution, we require a personal cheque signed by the annuitant for his/her RSP contribution.
  • For a ‘spousal’ RSP contribution we would require a personal cheque signed by the contributor for the annuitants RSP contribution.

For spousal RSP purchases, we need details of the applicant (annuitant) and the contributor as per the RSP Account Application Form. The contributor signs the cheque to contribute the funds.

Yes the husband needs to be the one signing the cheque for the contribution to his wife’s RSP.

We need IDs for (A) the annuitant and (B) the contributor.

No. All RSP T2033 forms are accepted, so long as they comply with Canada Customs and Revenue Agency guidelines.

No. Such Identification on beneficiaries is not required.

The rate guarantee for RSP transfers is normally 30 days from the date the copy of a signed T2033 is received by ICICI Bank. Please have your office send the original T2033 to the paying institution and call for collection. On receipt of the transfer cheque, have your office forward all documentation to ICICI Bank.

The plan number for both RSP Savings Account and RSP GIC is RSP 583-002.

No. If the RSP deposit lasts the full term, there is no charge on the transfer. However, there is a charge on premature transfers of RSPs. The fee in such cases is $ 25. However, on unregistered GICs there is no charge on either premature or on maturity transfer.

No. In such cases the cheque is issued on the date of maturity and sent through Canada Post.

Not at present. We are working on developing a Locked-in Retirement Account (LIRA).

No. Currently we do not offer Self-directed RSPs.

Please click on the Terms and Conditions page. It has all the terms and conditions in printable versions.

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