To qualify for a BIC arrangement, institutions must be in sound financial condition, maintain appropriate document-storage facilities and have an acceptable automated record/reporting system.

BIC Imaging Pre-Certification   6 pages / 63 kb

• Addendum for Image and Destroy   42 kb
• Addendum for Image and Store   43 kb

BIC Collateral Pledge Form   1 page / 11 kb

¹ Pre-Certification forms are to be completed by the depository institution before the BIC arrangement is set up.
² Certification forms are to be completed for BIC arrangements already in place by the depository institution's internal audit department.
³ To pledge commercial loans in a BIC arrangement, see also: Qualified Loan Review Program
⁴ Includes consumer loans, installment loans, student loans, auto loans and leases.