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ICICI ties up with UAE Exchange for instant money transfer

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ICICI_BankICICI bank has tied up with UAE Exchange to offer an instant bank transfer service – FLASHremit – to the Indians residing in the Gulf nation.

The service enables customers to 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,” a statement released here said.

An instant SMS confirmation is sent to the sender and receiver informing about the credit, thus eliminating any follow up.

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