ICICI Bank Canada, a wholly owned subsidiary of ICICI

Solution

ICICI Bank Canada, a wholly owned subsidiary of ICICI Bank Limited, announces the launch of its mobile banking app, 'Money2India (Canada)'. The app enables customers of any bank in Canada to send money instantly and round the clock to any bank in India without opening an account with ICICI Bank Canada. Customers of any bank in Canada can send money through the app using their Visa Mastercard debit cards. They can instantly send money to India with a single transaction limit of CAD 30,000, with a confirmed exchange rate. Additionally, customers of ICICI Bank can execute future dated and recurring transfers to beneficiaries in India at a defined frequency using the app.