ICICI Bank launches special service for Canadian customers

The country's largest private sector lender ICICI Bank today announced the launch of a special service called 'Hello Canada' for its Canadian customers, under the label of ICICI Bank Global Banking.
Targeted at the diaspora, either already migrated or migrating to Canada, this service offers customers the convenience of opening a Canadian dollar account with ICICI Bank Canada along with an NRI savings account with a branch in the country, the city-headquartered bank said in a statement.
The bank has one of the largest branch network among domestic banks in Canada which are run under a fully-owned subsidiary.
Customers may open both accounts with simplified documentation by visiting the nearest ICICI Bank branch in the country once.

Commenting on the new offer, its president Vijay Chandok said, "ICICI Bank works towards addressing customer needs to make their lives simpler. Our experience of serving 1.5 million NRIs for over a decade has helped us gain better insight into their needs".
The service enables the customer to transfer funds in the ICICI Bank Canada account when in India, making sure his funds are safe and secure while he is in transit, he said, adding that customers also get preferential rates on these funds transfers.
ICICI Bank is present in 19 countries, including the home market. Last week, the bank said it will be entering Chinese and South African markets with full-fedged branches this fiscal.