Don’t miss the latest developments in business and finance.

ICICI Bank introduces convenient banking service for Indians migrating to Canada

Service also enables customer to transfer funds in ICICI Bank Canada account when in India

Somasroy Chakraborty Kolkata
Last Updated : Jul 16 2014 | 2:33 PM IST
ICICI Bank, the country's largest private sector lender, today said it has introduced a convenient banking service for Indians migrated or migrating to Canada.

The service, 'ICICI Bank Global Banking – Hello Canada', offers a customers the ease of opening a Canadian Dollar account with ICICI Bank Canada along with an NRI (non-resident Indian) savings account with the bank in India. The customer can open both accounts with simplified documentation by visiting ICICI Bank's branch in India only once.

"At ICICI Bank, we work towards addressing customer needs to make their lives simpler. Our experience of serving 1.5 million NRIs for over a decade has helped us gain better insight into the needs of the NRI. This service will facilitate the cross-border banking needs of NRIs in an easy and convenient manner," Vijay Chandok, president at ICICI Bank, said.

The service also enables the customer to transfer funds in the ICICI Bank Canada account when in India. The customer will also get preferential rates on these funds transfers.

More From This Section

First Published: Jul 16 2014 | 2:30 PM IST

Next Story