Now you can transfer money easily from Canada to India, Know how to use this new app

ICICI Bank Canada, a subsidiary of ICICI Bank Limited, has launched the ‘Money2India (Canada)’ mobile banking app, designed to simplify and enhance fund transfers from Canadian banks to any bank in India.

ICICI Bank Canada ‘Money2India (Canada)’ App Key Features

1. Seamless Transfers 24/7
   • Users from any Canadian bank can transfer funds round-the-clock without the need to open an account with ICICI Bank Canada.
   • Single transactions of up to CAD 30,000 are supported.
2. User-Friendly Interface
   • The app offers a user-friendly platform for instant money transfers, emphasizing ease of use for customers across Canadian banks.
3. Flexibility in Transaction Limits
   • Users can send amounts of up to CAD 30,000 in a single transaction, providing flexibility and convenience.
4. Cross-Border Convenience
   • The app streamlines cross-border transactions, eliminating the necessity of opening an account specifically with ICICI Bank Canada.
5. Compatibility with Various Banks
   • Customers of any bank in Canada can use their Visa or Mastercard debit cards to send money through the app.
6. Future-Dated and Recurring Transfers
   • ICICI Bank customers can execute future-dated and recurring transfers to beneficiaries in India at predefined frequencies.

Security Measures

• The app ensures safety and security by adhering to the latest digital channel security standards.
• Two-factor authentication, including a dynamic One-Time-Password (OTP), adds an extra layer of security.

Insight from ICICI Bank

Mr. Sriram Iyer, Head International Banking Group at ICICI Bank, emphasizes the bank’s commitment to leveraging technology for user convenience. The ‘Money2India (Canada)’ app reflects their dedication to providing a secure and seamless experience for international fund transfers.

How to Use the App

1. Download the App
   • Available on Play Store or App Store.
2. Sign Up/Login
   • New customers can sign up, while existing ICICI Bank Canada customers can log in.
3. Add Beneficiary
   • Easily add beneficiaries for instant money transfers.
4. Send Money to India
   • Enter the transfer details and confirm with a One-Time-Password (OTP).