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      Question

      ICICI Bank’s first USD-denominated debit card for NRIs is linked to which type of account?

      A NRE Savings Account Correct Answer Incorrect Answer
      B NRO Savings Account Correct Answer Incorrect Answer
      C USD Global Savings Account Correct Answer Incorrect Answer
      D Foreign Currency Non-Repatriable (FCNR) Account Correct Answer Incorrect Answer
      E RFC Account Correct Answer Incorrect Answer

      Solution

      The debit card is linked to ICICI Bank’s USD Global Savings Account, enabling NRI customers to retain earnings in USD and avoid INR volatility. The card enables NRIs to spend directly in USD with zero foreign exchange mark up fee and GST. It is built on the Visa Infinite platform, the highest tier in Visa’s card network.

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