What features should a bank account have so that it can be linked to the brokerage account?
1. The bank account to be linked can have a joint holder (Mr. J). 2. There can also be a nomination for the bank accounts. 3. All the bank accounts have to be opened under the same customer ID. 4. All bank account(s) should have the same name combination. 5. The first holder of the bank account should be the same as the sole holder in the brokerage account i.e. Mr. X. 6. All such bank accounts have to be opened with ICICI Bank Ltd., India only. 7. No separate application form is required for opening the bank account. If required, it can be opened along with the application given for ICICIdirect account. 8. These bank accounts can be operated separately as a normal bank account also. Linking these accounts to ICICIdirect only ensures that the flow of funds relating to transactions done on ICICIdirect will happen only through this account. 9. One bank account cannot be linked to more than one brokerage account number. Similarly, one brokerage account number cannot be linked to more than
