CURRENT AFFAIRS

2022

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which bank has launched a unique solution “Smart Wire” for its customers to help them with SWIFT-based inward remittances in a faster and hassle-free manner?

A	ICICI Bank
B	IndusInd Bank
C	Axis Bank
D	Bandhan Bank

Explanation:

Detailed explanation-1: -’Smart Wire’ launched by ICICI Bank for faster SWIFT-based inward remittances. India’s 2nd largest private bank ICICI Bank has launched Smart Wire, for its customers to help them with SWIFT-based inward remittances in a faster and hassle-free manner.

Detailed explanation-2: -Notes: ICICI Bank has launched Smart Wire, an online solution to help its customers carry out SWIFT-based inward remittances in a faster and seamless manner.

Detailed explanation-3: -Inward Remittances ICICI Bank’s wire transfer instructions is one of the easiest methods of receiving money to your current/business account in India.

Detailed explanation-4: -Smart Wire is one of the fastest online solutions to receive SWIFT based Wire Transfer by NRIs and Resident customers. It has unique features like pre-filled request form, facility to submit details/declarations, online tracking of transactions and an option to block exchange rates by booking an FX deal.

Detailed explanation-5: -Swift / BIC Code for ICICI Bank for retail remittances is: ICICINBBNRI.

There is 1 question to complete.