ICICI Bank India launches 'Pockets by ICICI Bank' for Non Resident Indian (NRI) customers
December 22, 2014
London, UK: ICICI Bank (NYSE:IBN), India’s largest private sector bank, announced the launch of ‘Pockets by ICICI Bank’, an innovative desktop application that enables its NRI customers across the globe to access their bank accounts on Facebook. ‘Pockets by ICICI Bank’, offers the Bank’s NRI customers the convenience of banking while they are on the social media site. It also underscores the importance that the Bank attaches to the social media.
Mr. Rajiv Sabharwal, Executive Director, ICICI Bank said, "ICICI Bank has been using technological innovation to enhance the overall banking experience of all its customers. We serve over 1.5 million NRI customers across more than 150 countries and process over 5 million NRI transactions annually. With NRIs being away from the country, digital media becomes a very powerful connect to India. Facebook is a prominent player in this digital and social media space. We believe the provision of being able to access banking services on Facebook using the desktop application 'Pockets by ICICI Bank' is the perfect solution for an NRI who spends a lot of time on an array of digital/social media channels to stay connected.”
Customers can carry out important tasks through this app which include viewing account summary, E-statement as well as a mini statement of ICICI Bank India NRE/ NRO savings bank account. The app also enables an NRI customer to order a cheque book, stop a cheque payment and track service requests.
A customer can access the application by logging in with his Facebook user ID and searching for ‘Pockets by ICICI Bank’. He/she will have to register for the app to activate and start using it.
This app has been developed with robust security features that ensure a safe social banking experience.
- Security:The app uses 128 bit encryption which keeps customer information safe.
- Secure browsing:It runs on https making transactions secure.
About ICICI Bank Ltd: ICICI Bank Limited (NYSE:IBN) is India's largest private sector bank with consolidated total assets of US $ 124.76 billion at March 31, 2014. ICICI Bank's subsidiaries include India's leading private sector insurance companies and among its largest securities brokerage firms, mutual funds and private equity firms. ICICI Bank's presence currently spans 18 countries, including India.
About ICICI Bank NRI Services, India: ICICI Bank is one of the most preferred banks for NRIs in the world. It reaches out to NRIs in over 150 countries. Serving more than 1.5 million NRIs over the last decade, it continues to be the trusted choice of Indians abroad. The bank with its rich experience and expertise deploys technology to deliver the best in banking experience to its NRI customers. The bank offers solutions to NRI customers with a focus on:
- Comprehensive product suite addressing specific financial needs of the NRI
- Round the clock availability through various channels to ensure convenience for the NRI
- Usage of cutting edge technology to deliver efficiency & ease
IMPORTANT NOTE: The products mentioned herein are not regulated by UK Financial Conduct Authority (“FCA”) and Prudential Regulation Authority (“PRA”). Protections offered by the UK Financial Services Compensation Scheme (“FSCS”), will not apply
ICICI Bank Limited (“ICICI Bank”) is incorporated in India, regulated by the Reserve Bank of India and maintains its corporate office in Mumbai, India. The products and/ or services provided by ICICI Bank are subject to product/service specific terms and conditions (“Terms and Conditions”). The products and/ or services are also subject to RBI rules/regulations, prevailing foreign exchange regulations and other applicable laws. Please familiarise yourself with the applicable Terms and Conditions, as available at http://www.icicibank.com/nri-banking. ICICI Bank reserves the right to modify/change all or any of the Terms and Conditions governing the products and/ or services. ICICI Bank also reserves the right to discontinue the products and/ or services without assigning any reasons whatsoever. Any references to timelines and/ or service levels are only indicative and should not be construed to reflect any commitment by ICICI Bank or any other third party service provider.
The products and/or services offered by ICICI Bank are not authorised and regulated by UK Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA). In addition, protections offered by the UK Financial Services Compensation Scheme (FSCS), will not apply. Deposits of ICICI Bank Limited, that are payable in India are protected by the Deposit Insurance and Credit Guarantee Corporation (DICGC) upto a maximum of INR 1,00,000 for each depositor. Any disputes arising out of the products and/or services mentioned herein or any information contained herein shall be governed by the applicable Indian laws and regulations and subject to the exclusive jurisdiction of the courts in Mumbai, India. Paid up capital of ICICI Bank is INR 11.57 billion as on March 31, 2014.
The information contained in this document is not intended to nor should it be construed to represent that ICICI Bank provides any products and/or services in any jurisdiction where it is not licensed or registered or authorized to do so. The information provided herein is not intended nor should it be construed to represent that ICICI Bank Limited is soliciting and is not intended for distribution to, or use by, any person in any jurisdiction where such distribution or use would be contrary to law or regulation. ICICI Bank and the “I man” logo are the trademarks and property of ICICI Bank.
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Senior General Manager & Head - Corporate Communications and Brand Group
ICICI Bank Ltd.
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