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ICICI launches ‘Fixed Rupee’ facility
Published on 23 Nov. 2010 5:27 PM IST
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ICICI Bank Limited (“ICICI Bank”), India’s largest private sector bank has announced the launch of ‘Fixed Rupee’ – a convenient facility that enables Non-Resident Indians (“NRIs”) to send the exact Rupee amount remittance to India since the exchange rate is confirmed at the time of initiating the remittance.
This is a significant value addition over the traditional money transfer mechanisms where the rates are not available at the time of initiating the remittance.
The ‘Fixed Rupee’ facility is available on - ICICI Bank’s online money transfer tracking service.
An ICICI Bank spokesperson said, “We at ICICI Bank have always believed in offering customer-centric solutions and we are delighted to present Fixed Rupee facility on
This facility, will, as of now, be available from key geographies like US, UK, Singapore, Australia, Hong Kong, Canada, France and Germany.
With this offering, offers yet another innovative solution, since the customer would now know the exact exchange rate applicable on the proposed remittance at the time of sending the money.” is a popular service offered by ICICI Bank which is used by NRIs. With an ever-expanding base since its launch in 2001, it is the preferred online tracking service for money transfers to India with round the clock customer service availability.
To use this service, a user needs to complete a simple one-time online registration at and can avail the tracking service for money transfers from any bank in 15 countries to any account with over 100 banks in India.

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