Deposit Insurance


Canada Deposit Insurance Corporation

CDIC Digital Membership Sign

Industrial and Commercial Bank of China (Canada) is a member of Canada Deposit Insurance Corporation("CDIC").  CDIC is a federal Crown corporation created by Parliament.  CDIC insures Canadians' savings in case their bank or other CDIC member institution fails or goes bankrupt.  CDIC is NOT a bank.  CDIC is NOT a private insurance company.

The following instruments and/or products are eligible for deposit insurance from the CDIC.  The deposits must be payable in Canada and are subject to maximum coverage limitations as outlined in their brochure "Protecting Your Deposits".

  • Easy Account
  • Premium Chequing Account
  • Basic Account
  • Business Current Account
  • Business Smart Savings Account
  • Premium Term Deposit
  • Registered Retirement Savings Plan
  • Tax Free Savings Account
  • RMB Premium Term Deposit Account
  • Bank Drafts
  • Unclaimed Cheques
  • Items in Transit

For further information, please contact CDIC.
Mail: Canada Deposit Insurance Corporation
50 O'Connor Street, 17th floor,
Ottawa, Ontario
K1P 6L2

General information: 1-800-461-2342
TTY service: 613-943-6456