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| ICICI Bank launches remittance card | | | JAMMU | FEB 9
ICICI Bank announced the launch of a card based remittance product to provide a convenient and hassle free alternative.
The remittance card is an Indian Rupee (INR) denominated card. It is re-loadable for funding and can be used at any VISA affiliated ATM and merchant establishments in India. Only remittance linked credits are permissible in the remittance card.
This innovative facing can also be availed by those beneficiaries who do not have an account with ICICI Bank in India.
“The Indian remittance market is growing rapidly with migration of Indians to newer geographic. At ICICI Bank, customer convenience is utilized as a strategic tool across, all over business lines, and the launch of remittance card is all about and benefits to both the remitter and beneficiary”.
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