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Tuesday, November 20, 2012

ICICI Bank launches money transfer service in Germany

ICICI Bank UK today launched money transfer service for Indians living in Germany.

‘Insta Netexpress’ will be offered through its online platform with an assured exchange rate and faster transfer time for users who wish to send money to India. is a web-based online money transfer tracking platform which facilitates tracking of money transfers from 17 Euro zone countries to beneficiaries in India, the bank said in a statement.

This service will offer competitive exchange rates, no processing fee or service charges, faster transfer time and dedicated toll free telephone support.

Users will benefit from this cooperation and experience simple and fast access to international payment schemes.

With PAY.ON's local presence, ICICI Bank will be able to meet customer needs better and provide a faster, more efficient service.

In this service, money can reach the beneficiary within 24 hours and the exact exchange rate applicable can be known at the time of sending money, an ICICI Bank spokesperson said.


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