|
|||||
Frequently Asked Questions 1. What is HomePoint? 2. What are the benefits provided by HomePoint? 3. Can I go to any Bank of Montreal (Home Point) Branch in Canada for transferring money? 4. How do I receive the deposit slips? 5. Do I have different deposit slips for cash deposit and cheque deposit? 6. Do I need to be a Bank of Montreal (Home Point) customer to use HomePoint? 7. Does Bank of Montreal (Home Point) give me a receipt of deposit? 8. In what currency can I make the deposit? 9. Is there any transaction limit on the deposit? 10. Is there any unique tracking number on the deposit slip? 11. What is the time taken for crediting the beneficiary's account? 12. Can I open a Fixed Deposit using HomePoint? 13. What are the charges for the service? 14. What is the exchange rate applied by you? 15. What details should I provide in case I want to enquire about a transaction? 16. Where can I contact for more details? |
|||||
 |
What is
HomePoint? NRI account holders of ICICI Bank (India) are provided with deposit slips, which can be used by them to deposit funds (either in cash or a cheque drawn on a Canadian bank in Canadian Dollars) at any Bank of Montreal branch. The remitter needs to fill in the beneficiary's name and 12 digit account number (with ICICI Bank) and the money would be transferred to the beneficiary's any ICICI Bank Account. |
||||
 |
|||||
|
|
What are
the benefits provided by HomePoint? - Remitter can use over 960 branches of Bank of Montreal (Home Point) in Canada. - Remitter can deposit money in either cash or cheque. - Money is directly credited to beneficiary's account with ICICI Bank. - Money is credited to beneficiary's account in as fast as 2 Indian banking hours for deposits made in cash. - First transaction using HomePoint is free of charge (with effect from March 15, 2005). Low charges of CAD 5 deducted subsequently, from the amount sent. |
||||
|
|||||
 |
Can I go
to any Bank of Montreal (Home Point) Branch in Canada for transferring money? Yes! You can go to any Bank of Montreal (Home Point) Branch in Canada |
||||
|
|||||
 |
How do
I receive the deposit slips? Deposit slips are personalised for the NRI account holder, with his name and the account number being pre-printed on it. The deposit slips have been printed and despatched to all existing account holders residing in Canada. As and when new accounts are opened, deposit slips would be dispatched to them also. |
||||
|
|||||
 |
Do I have
different deposit slips for cash deposit and cheque deposit? There are different deposit slips for cash deposit and cheque deposit. The cash deposit slip is pink coloured and the cheque deposit slip is yellow coloured. |
||||
|
|||||
 |
Do I need
to be a Bank of Montreal (Home Point) customer to use HomePoint? No, you do not have to be an account holder / customer of Bank of Montreal to use the HomePoint service. |
||||
|
|||||
 |
Does Bank
of Montreal (Home Point) give me a receipt of deposit? The deposit slips use carbon-less paper and the carbon copy can be retained by the remitter for his / her records. |
||||
|
|||||
 |
In
what currency can I make the deposit? |
||||
|
|||||
 |
Is there
any transaction limit on the deposit? No, you can make a deposit of any amount. However, the Bank of Montreal (Home Point) branch may ask you to produce a proof of identity for making a deposit above a specific amount as specified by Bank of Montreal (Home Point). |
||||
|
|||||
 |
Is there
any unique tracking number on the deposit slip? Yes, each deposit slip has been given a 4 digit unique number, which is mentioned as an extension of your 12 digit account number. In case you want to enquire about a particular deposit please quote the 4 digit number to enable us to serve you faster. |
||||
|
|||||
 |
What is
the time taken for crediting the beneficiary's account? For cash deposit - The money would be credited within 2 Indian banking hours. For cheque deposit - The money would be credited on the 3rd working day from the date of the deposit. However, if the amount is greater than CAD 8000, a debit freeze would be put on the amount for 8 working days (from the date of the deposit). |
||||
|
|||||
 |
Can I open
a Fixed Deposit using HomePoint? HomePoint can be used only to credit a savings or a current account with ICICI Bank. It cannot be used to open a Fixed Deposit. However, you may make a request to open a Fixed Deposit from your ICICI Bank account. |
||||
|
|||||
 |
What are
the charges for the service? First transaction using HomePoint is free of charge (with effect from March 15, 2005). CAD 5 will be charged per transaction subsequently, which would be deducted from the amount sent by the remitter. |
||||
|
|||||
 |
What is
the exchange rate applied by you? The exchange rate prevailing on the date on which the money is credited to the beneficiary's account is used to convert the remitted amount from Canadian Dollars to Indian Rupees. The indicative exchange rates are displayed on our web-site www.money2india.com |
||||
|
|||||
 |
What details
should I provide in case I want to enquire about a transaction? You should provide the following details for any enquiry: - Your name - Your 12 digit account number - The 4 digit deposit slip number - Date of deposit - Beneficiary's name - Beneficiary's 12 digit account number - Deposit amount in CAD - Deposit mode - cash or cheque? |
||||
|
|||||
 |
Where can
I contact for more details? You can call the US Toll Free number 1-866-ICICI4U or Email Us or visit www.money2india.com for more details. In India you can call at 1901-333-444 |
||||
|
|||||
| Sample Deposit Slip (Cash). Show
me Sample Deposit Slip (Cheque). Show me Instructions to fill in the Deposit Slip are printed on the reverse of the Deposit Slips. Show me |
|||||
