ICICI Bank has introduced a convenient banking service for Indians migrated or migrating to Canada. The service, ‘ICICI Bank Global Banking – Hello Canada’, offers the customers the ease of opening a Canadian dollar account with ICICI Bank Canada along with an NRI savings account with the bank in India. The customer can open both accounts with simplified documentation by visiting ICICI Bank’s branch in India only once. Vikau Chandok, president of the bank, said the bank’s experience of serving 1.5 million NRIs for over a decade has helped it gain better insight into the needs of the NRIs. This service will facilitate the cross-border banking needs of NRIs in an easy and convenient manner, he added. The service also enables the customer to transfer funds in the ICICI Bank Canada account when in India. The customer will also get preferential rates on these funds transfers.
