ICICI Bank Ltd Launches New 'Money2India' Website and Mobile Application to Enhance Customer Experience - Seite 2

NRIs, who are customers of any bank globally, can use the M2I website and mobile app to transfer money to any bank in India. New users can initiate a money transfer instantly with the help of a simple one-time registration. The simple transaction flow makes it easy even for a first time user to transact.

Some of the key highlights of the website and application are:

• Transfers in 3 easy clicks: The interface displays the frequent transactions upfront to customer to enable a transfer in just 3 clicks.
• Biometric Login: The mobile app, which is available on Android and iOS, can also be accessed through biometric authentication in addition to the login ID & password.
• Direct payments to over 100 entities in India: A first-of-its-kind service by any bank in India. Apart from money transfers, the Money2India website now offers the option to pay bills and other expenses directly to over 100 entities. This includes payments like utility, telephone, insurance, and prepaid mobile recharge among others.
• Receipt summary and status updates: On completion of the transfer, a summary is displayed with the details of the transaction including currency exchange rate, promotion discounts if any and the likely receipt date of the transfer to the beneficiary. It also has an interesting 'track your transfer' feature which enables customers to check the status of their transfer in real time.

ICICI Bank Ltd is a pioneer and the largest player/bank in the remittances market in the country. Its 'Money2India' platform has been facilitating remittances into the country since the last 15 years, catering to over 1.5 million NRIs worldwide. In 2015, it also launched 'Money2World' India's first fully online service to transfer money from any bank in India to any bank overseas. The Bank also has a wide array of arrangement with a host of correspondent banks across the globe to enable quick and easy trans-border money transfers.

For news and updates, visit http://www.money2india.com and follow us on Twitter at http://www.twitter.com/ICICIBank

About ICICI Bank:

ICICI Bank Ltd (NYSE:IBN) is India's largest private sector bank by consolidated assets. The Bank's consolidated total assets stood at US$ 152.0 billion at March 31, 2017. ICICI Bank's subsidiaries include India's leading private sector insurance, asset management, securities brokerage and primary dealership companies, and among the country's largest private equity firms. It is present across 17 countries, including India.