Question

    Which Bank  has launched Smart Wire, an online solution

    to help its customers carry out SWIFT-based inward remittances in a faster and hassle-free manner? 
    A HDFC Bank Correct Answer Incorrect Answer
    B ICICI Bank Correct Answer Incorrect Answer
    C Axis Bank Correct Answer Incorrect Answer
    D State Bank of India Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ICICI Bank has launched Smart Wire, an online solution to help its customers carry out SWIFT-based inward remittances in a faster and hassle-free manner. Smart Wire facility will allow both NRIs and resident customers to undertake inward remittance transactions in an online and paperless way.Through this facility, accurate information related to the beneficiary, the purpose of the inward remittance and declaration, where required, are captured in advance and shared with the remitter instantly.

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