ICICI Bank Canada launches 'Money2India' app for instant transfers

Digital Reinvention
14/01/2024News

ICICI Bank Canada, a subsidiary of ICICI Bank, has unveiled the 'Money2India (Canada)' mobile banking app, enabling swift and secure money transfers from any Canadian bank to any Indian bank. Notably, users don't need an ICICI Bank Canada account.

The app accepts Visa/Mastercard debit cards, allowing instant transfers up to CAD 30,000 per transaction. ICICI Bank customers gain the added benefit of scheduling future dated and recurring transfers.

'Money2India (Canada)' marks ICICI Bank Canada's entry into the Canadian remittance market, prioritizing safety with advanced security measures like two-factor authentication and dynamic OTP.

Mr. Sriram Iyer, Head of ICICI Bank's International Banking Group, emphasized leveraging technology for enhanced digital banking. The app boasts digital identity verification, instant beneficiary addition, and 24x7 toll-free customer support in both Canada and India.

This user-centric approach aligns with ICICI Bank's commitment to delivering convenient and secure money transfer solutions. The app caters to the diverse needs of users, promising a seamless and enriched digital banking experience for effortless, safe, and instant money transfers to India.

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