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ING DIRECT Funds Limited is a wholly-owned subsidiary of ING Bank of Canada. ING DIRECT Funds Limited has been selling mutual funds in Canada since November 26, 1999 with the office and operations located in Toronto.

ING DIRECT isn't like your regular bank. For one thing, the Bank have no branches and because you do everything with Internet, or phone, the Bank able to pass those savings on to you. ING DIRECT have much higher interest on deposits, with no fees or service charges on them, plus lower interest on loans. But that's just the start.

ING DIRECT is made up of people who are united in the unpretentious, can-do mentality and the teams are drive to deliver results for the clients. And whatever the Bank do, it always connected to the bigger picture - helping you save your money. The clients have earned over $4 billion in interest with ING DIRECT.

ING Bank of Canada committed to develop and deliver the most innovative products, manage customer experience, deliver quality service that contribute to brand strength, develop a competitive advantage and enhance profitability, thus providing value to the stakeholders of the bank.

ING Bank of Canada is Schedule II banks in Canada. The Schedule II banks are foreign bank subsidiaries authorized under the Bank Act to accept deposits, which may be eligible for deposit insurance provided by the Canada Deposit and Insurance Corporation. Foreign bank subsidiaries are controlled by eligible foreign institutions.

In Canada, the Office of the Superintendent of Financial Institutions (OSFI) is responsible for administering a number of federal statutes, including the Bank Act and the Trust and Loan Companies Act, the statutes applicable to the regulation of banks and federal trust and loan companies.