MoneyWorks4Me

ICICI Bank inks partnership pact with UAE Exchange

13 Feb 2015 Evaluate

ICICI Bank has entered into collaboration up with UAE Exchange to offer an instant bank transfer service to the Indians residing in the Gulf nation. ‘FLASHremit’ service started by the bank enables customers to conveniently send money instantly to their beneficiaries in India in Indian Rupees. By using the services the customers of the bank, residing in the UAE, can send money instantly to any ICICI Bank account in India.

Customers of ICICI Bank will be able to avail this service by visiting any of the over 135 branches of UAE Exchange in UAE including over 15 branches across the Dubai Metro network.

ICICI Bank is India’s largest private sector bank. ICICI Bank’s subsidiaries include India’s leading private sector insurance companies and among its largest securities brokerage firms, mutual funds and private equity firms. ICICI Bank’s presence currently spans across 18 international locations.

 

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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