Please be advised that effective June 24, 2024, the usage of the PPI bank card will no longer be permitted.
The reason for this change is to respect FINTRAC’s anti-money laundering regulation and ensure that we can properly identify the client.
- For client-name accounts: all payments will need to be made payable and sent to the specific insurance carrier.
- For nominee accounts: all payments will need to be made payable to Investia Financial Services Inc. and deposited into the Investia account using the Investia bank card.
Note: All PPI bank cards will eventually be revoked.
Should you have any questions or require additional information, please do not hesitate to contact your Compliance Officer.