ICICI Bank UK

ICICI BANK UK PLC

Phone: +44 207 942 0788
Email: ukservice@icicibank.com OR ukdirect@icicibank.com
Name

HiSAVE Remittance Account

Category
Description
-Our HiSAVE Remittance Account is a dual-benefit online account which makes transferring money to India easier and lets you earn interest on the balance maintained.
If you regularly transfer money to India, but find it difficult to visit a branch, you can apply online for this account and send money any day of the week, at any time of day. The HiSAVE Remittance Account is designed for money transfers to India with special features.
Interest Rate
1.50% AER
Minimum Balance
-No minimum balance is required to be maintained.
Service Charge
-Money transfer to an ICICI bank account in India - £1
-Money transfer to other banks in India - £2
-CHAPS transfer - £20
-Physical copy of statement - £5
-Physical copy of tax statement - £5
Eligibility
18 years or older
Conditions
-Satisfactory identity and address verification
-Linked UK current account required
-Not a HomeVantage Current Account holder
Details
Online-only account opening and management
Monthly interest on account balance
No minimum balance required
Access to money transfer service 24/7, including weekends and bank holidays
Confirmed exchange rate 24/7
Instant money transfers to ICICI Bank Ltd. accounts in India
Transfers within 24 hours to 55,000 bank branches in India
Service assurance on all money transfers to India
Withdrawals and deposits can only be made via your linked current account
No chequebook or debit card

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