ICICI launches online money transfer service Money2India – A new Website and Mobile App to transfer money to India for Non-Resident Indians (NRIs). NRI’s can now transfer money in just 3 clicks and pay for services directly to over 100 entities. Also, ICICI Bank becomes the first Indian bank to integrate international money transfer facility with its internet banking platform. As per ICICI, the new website, as well as the mobile app consists host of features which enhances customer experience.
ICICI Money2India Highlights
- Transfer funds to beneficiaries in India from anywhere and anytime
- Three click money transfer
- Easy, safe and secure online transactions
- Competitive & locked-in exchange rates
- Auto money transfer and Quick pay
- Fixed Rupee facility to get confirmed exchange rates
- Check current exchange rates & Status of the transaction
- Track last 5 transactions, Receipt Summary and Status updates
- Add a new bank account or receiver account
- Biometric and PIN-based login on App
- Promotions and Discounts
- Pay for telephone bills, insurance premiums and prepaid mobile recharges etc
NRIs, who are customers of any bank globally, can use the M2I website and mobile app to transfer money to any bank in India. They can access their bank accounts, transaction details as well as undertake remittances from a single internet banking platform. Moreover, they do not require separate login to access the M2I website. New users can initiate a money transfer instantly with the help of a simple one-time registration. App is available to download on both Android and iOS devices. You can access & use Money2India app from USA, Canada, UK, Singapore, Australia and Hong Kong. Find more information about transaction and service charges here.
Commenting on the launch Ms. Chanda Kochhar, MD & CEO, ICICI Bank Ltd. said, “ICICI Bank has pioneered and popularized many innovative solutions in the banking industry in India. It has always been our endeavour to provide world-class services to our customers. The new Money2India platform is yet another testimony to that effort. We see a large number of our customers today transacting through our digital channels. The Money2India website and mobile app have been significantly enhanced to provide ease of sending money to India. It allows registered NRI customers to transfer money to India in just 3 clicks if it is frequently transferred. They also have an option to pay over 100 entities in India from the M2I website. We believe that these developments will offer a seamless user experience for NRIs looking to transfer money to India.”