Quote:
So it's not free, as they claim it to be......
That is Telpay's fee (not ICICI's). It is couple of dollars a month. Check Telpay's website for exact fee.
You can also send the cheque to ICICI's lock box address after filling the form online.
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Give free food http://www.thehungersite.com ||
Location: GTA, ONTATIO, CANADA
Posted on: 01-08-07 16:47:22
It is a typical Indian Bank. No professional approach. Whether it is the bank or the Customer Service. If you have problem with Customer Service they will ask you to call the next and the reason System is Down.
Only reason why you keep a account is better interest rates than any other Canadian Bank otherwise they suck.
If you are now going to put in a large sum into the account where the interest will matter - go to a Canadian Bank. Also ICICI has no ATM anywhere else than their Branch.
Location: Canada-Glorious and Free
Posted on: 01-08-07 19:46:19
Quote:
Originally posted by akscanada
It is a typical Indian Bank. No professional approach. Whether it is the bank or the Customer Service. If you have problem with Customer Service they will ask you to call the next and the reason System is Down.
Only reason why you keep a account is better interest rates than any other Canadian Bank otherwise they suck.
If you are now going to put in a large sum into the account where the interest will matter - go to a Canadian Bank. Also ICICI has no ATM anywhere else than their Branch.
Other banks will give you the same or higher rates if you deposit a large enough sum. I looked at their rates, and for an extra $ 25 (about $ 2 per month) you get the pleasure of depositing $ 10,000 in ICICI. Woo hoo..
Finally, if you have more than $ 10k sitting around un-invested then you need to look for a financial planner.
BV
Please never ever think of opening an a/c with ICICI,they are the neo capitalist,they are here to serve the people their main motto is to make good money at the cost of the customer.
ICICI real time sucker.
My 2 cents to fellow CD's.
It all depends on individual priorities when choosing the right bank for right needs.
As far as me, i always choose (even when i was in USA) other systems to send money to india (you can check in CD classifieds for details).
With no transaction fees, no conversion losses and safe.
As far as the interest rates, depends on individual needs. I send money to india so that it will grow faster than here (ex
ost office around 9%)..
Hope this will help people who are in my situtation.
Rgds
MRK
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MK
Location: carl sagan's universe
Posted on: 10-09-07 14:33:45
Quote:
Originally posted by mkannuri
My 2 cents to fellow CD's.
It all depends on individual priorities when choosing the right bank for right needs.
As far as me, i always choose (even when i was in USA) other systems to send money to india (you can check in CD classifieds for details).
With no transaction fees, no conversion losses and safe.
As far as the interest rates, depends on individual needs. I send money to india so that it will grow faster than here (ex
Hope this will help people who are in my situtation.
Rgds
MRK
Plus you have the added benefit that the rupee has strenghtened in the last year or so!
However it would have been better in the stock market vide direct stocks or mutual funds provided you have the proclivity.
Stay away from ICICI Bank. They don't have good process in place and the customer service sucks. I liked Citibank very competitive but expensive as their conversion rates are not good.
ICICI Bank is better than money2india(Times of India).
Regards
Nilesh
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Desi Lion
