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-   -   Any Canadians ever hear of Icici Bank? (https://gfy.com/showthread.php?t=406515)

SmutGiant 12-22-2004 12:43 AM

Any Canadians ever hear of Icici Bank?
 
Thinking about getting an account there, highest interest rates I've come across yet. Appearantly they're an Indian bank that provides the same type of services as ING Direct but with slightly higher interest rates. Would you trust your money to them?

http://www.icicibank.ca

azguy 12-22-2004 12:46 AM

I find it funny how people fall for interest rates. They only mean something to you if you're (a) lazy, (b) scared to take risks, (c) stupid. Keeping money in a bank account is pointless. At least dump it into a mutual fund if you're the lazy type, but don't let they pay you 1% (even 4%) a year... wtf is wrong with people.

GTS Mark 12-22-2004 12:53 AM

Check and see if they are CDIC insured, if so the government insures you up to $30,000. So if this bank closes down tomorrow and runs, you will be insured and won't lose your dinero.

DH

Relish XXX 12-22-2004 02:12 AM

They have a huge office in Hyde Park in London.

It is a seriously expensive area of London so if they own that building I would say they are a big company.


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