|
ATM
Sharing
Multilateral ATM Sharing arrangement with NFS - " INFINET "
ICICI Bank customers can now access around 7000 ATMs in the National Financial Switch (NFS):
ICICI Bank was one of the first Banks to join the INFINET or National Financial Switch (NFS) as commonly known, which has been set up by the Institute for Development and Research in Banking Technology (IDRBT). IDRBT is an institute established by Reserve Bank of India to promote and support technology in banks in India. The NFS was set up on August 27, 2004. The INFINET network is now around 7000 ATMs strong - consisting of ATMs of :
With 23 banks at present, the network is expected to grow further in the days to come as some other banks are expected to join the network .The charges for using the ATMs of the other banks in the NFS network is Rs. 20/- for a cash withdrawal and Rs. 10/- for a balance enquiry transaction, plus service tax at 12.36% of the charge amount.
Bilateral ATM Sharing - Federal Bank
ICICI Bank has entered into an arrangement with Federal Bank for the sharing of ATM network. By this arrangement customers holding Debit cum ATM card of ICICI Bank will be able to use the ATMs of the Federal Bank for Cash withdrawal and balance enquiry transactions. The convenience of using this additional shared network comes at the nominal cost of Rs. 20 per transaction for cash withdrawal and Rs.10 per transaction for balance enquiry, plus service tax at 12.36% of the charge amount, at these ATMs
Customers can withdraw upto 25,000 per day, either through ICICI Bank's ATMs or through any of our partner banks ATMs.
|