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?ÂSolution
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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