Given the spread of Indians across the globe, their distinct preferences and the peculiarities of global payment systems, ICICI Group remittance product suite branded 'Money2India' is unique and goes far beyond the ‘traditional’ offerings in the banking sector. The product suite strives to offer mass scale as well as niche remittance products (for specific remitter segments) leveraging the local payment systems in the sending countries. All this has been enabled through correspondent banking tie-ups at the originating end and tapping into every possible disbursement channel in India supported by banking system.
This service helps save huge costs associated with traditional money transfer methods while at the same time offering unparalleled convenience to both the overseas remitter and receiver in India. This has been made possible through the launch of innovative and customer centric, technology-enabled products, creating highly sophisticated, centralized processing capabilities.
Money2India facilitates inward remittances into India from over 40 countries worldwide
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The product suite offers remitters abroad, a host of low cost and innovative online as well as offline channels for sending money to India |
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Money2India.com tracking facility offered for Internet savvy remitters - a pioneering service launched in 2001 and available across 10 geographies worldwide
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Speed Remittance services offered for speedy transfers through tie-ups with correspondent banks |
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Conventional wire transfer and cheque-based products |
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Payouts can be made to any receiver in India via a host of delivery channels like electronic credits into Bank A/cs at over 40,000 branches of 100 banks, Demand Drafts payable at over 2500 locations in India |
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24X7 customer service accessible through e-mail and phone. |
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