ICICI Bank today announced the introduction of a new smartphone application for registered money changers to assist any bank ‘ICICI Bank Forex Prepaid Card’ customers easily. The app, called ‘InstaFX’, helps the approved money changers, who are the bank’s associates, to complete the digital and real-time KYC authentication and confirmation of customers. As the ‘ICICI Bank Forex Prepaid Card’ is triggered rapidly within a few hours, as compared to the industry standard of up to two days, this facility greatly increases consumer comfort. ICICI Bank is the first bank in the world to sell money changers with such a service. Read More
