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ICICI Bank launches new website for M2I

ICICI Bank has launched a new website and mobile app for its Money2India (M2I) service, which is the bank’s online money transfer service for NRIs. The bank claimed in a statement the website and the mobile app have an intuitive design that guides users to complete money transfer quickly. NRIs can now enjoy the convenience of a simplified transaction flow to transfer money to India in 3 simple clicks for their frequent transactions, it said adding the facility provides an option of biometric authentication for logging into the mobile app as well as view the status of the transaction. Customers can also make quick payments for services in India to over 100 entities from the M2I website. They can do so for services including telephone bills, insurance premiums and prepaid mobile recharge among others. Frequent users will be enabled for instant money transfer credit to their recipients in India. The bank said it has integrated its M2I website with its internet banking platform. With this, NRIs can now access their bank accounts, transaction details as well as undertake remittances from a single internet banking platform. Chanda Kochhar, MD & CEO of the bank, said the M2I website and mobile app have been significantly enhanced to provide ease of sending money to India.

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