ICICI Bank’s British subsidiary - ICICI Bank UK Plc has launched an online money transfer services to facilitate transaction from any bank accounts in Sweden, Norway and Denmark to any recipient account based in India. The service called ‘Money2India Europe’ verifies the credentials of the customers over video call from Money2India Europe website.
The website is owned by ICICI Bank UK Plc. With this, Money2India Europe service is now available in 20 countries in Europe. The service is completely online and can be completed within 15 minutes.
ICICI Bank is India’s largest private sector bank with consolidated total assets of $138.67 billion as of March 31, 2016. Its subsidiaries include India’s leading private sector insurance companies, securities brokerage firm and mutual fund. The bank’s presence currently spans 17 countries, including India.