ICICI Bank: Launches ‘Smart Wire’ an easy online solution for inward remittances
- ICICI Bank announced the launch of an online solution to help its customers carry out SWIFT-based inward remittances
- Named, ‘Smart Wire’, the facility allows both NRIs and resident customers to undertake inward remittance transactions
- The industry-first facility enables the beneficiary to initiate the wire transfer request, submit online declaration/documents
- Through this facility, accurate information related to the beneficiary, purpose of the inward remittance
- This facilitates seamless processing of the remittance and saves time for the beneficiary who can use this facility
- With the launch of the ‘Smart Wire’ facility, which is an industry-first initiative offering NRI and resident customers a unique combination of speed
