Offer Terms and Conditions for the 20 paise preferential rate on
money transfers to India through Mobile Banking App
These Terms and Conditions (the “Terms and Conditions”) govern the Promotion (Mobile Banking
App) being promoted by ICICI Bank UK PLC (“ICICI Bank”). Participation in the Promotion is governed
by the Terms and Conditions provided below.
The words “we”, “us”, “our” and words with similar meaning refer to ICICI Bank
These Terms and Conditions are in addition to, and not in derogation of the Personal Banking Terms
and Conditions and HiSAVE Remittance Account Terms and Conditions offered by ICICI Bank to
Customers and are available on our Website. If there is any inconsistency between the Personal
Banking Terms and Conditions and HiSAVE Remittance Account Terms and Conditions and these
Terms and Conditions, the latter shall prevail.
By participating in the Promotion, a customer agrees to be bound by these Terms and Conditions,
which may be amended, modified or supplemented at any time by ICICI Bank. Any changes in the
Terms and Conditions will be posted and updated on the Website.
Definitions:
“Mobile Banking App” means the software you download to use our mobile banking services;
“Branch(es)” refers to the branch offices of ICICI Bank in the United Kingdom at Birmingham, East
Ham, Harrow, London, Manchester, Southall and Wembley.
“Customer” refers to a person who is an existing HomeVantage Current Account or HiSAVE
Remittance Account holder of ICICI Bank and continues to be a customer of ICICI Bank during the
Promotion Period;
“Beneficiary” refers to a registered person to whom a Customer transfer funds through
HomeVantage Current Account or HiSave Remittance Account;
“Promotion” refers to this campaign where in any Customer who transfers funds to India through
ICICI Bank Mobile Banking App are eligible to receive 20 paise extra on total GBP transferred to
India during Promotion Period. The Promotional Credit will be provided in Beneficiary account on or
before 15th date of the subsequent month of transaction date;
“Promotional Credit” refers to extra credit which will be received in the Beneficiary’s account.
“Promotion Period” refers to the time period of the Promotion starting from 12:00 am on January 10,
2018 until midnight on March 31st, 2018;
“Successful Transaction” refers to a money transfer to Beneficiary made by the Customer through
ICICI Bank Mobile Banking App;
“Website” refers to the website of ICICI Bank as made available online at www.icicibank.co.uk
How to Avail Offer?
This Promotion is available for every Successful Transaction initiated by a Customer during the
Promotion Period. This particular transaction can be only made through our Mobile Banking App.
Charges applicable, please visit the Website for details.
Offer Details
Under this Offer, upon compliance with the terms and conditions, the Customer shall be eligible for
20 paise extra on the GBP-INR exchange rate applicable at the time of each Successful Transaction
initiated during the Promotion Period.
The Promotional Credit would be credited into the respective Beneficiary account as a separate
payment on or before the 15th date of the subsequent month of transaction date.
Additional Terms
1. For this particular offer, no other preferential rate promotion or campaign of ICICI Bank can be
combined with this and used at the same time.
2. Customers who are eligible for “20 paise preferential rate” campaign would not be eligible for this
Promotion. Instead they would receive the 20 paise preferential rate instantly along with transfer
re-quest.
3. The Promotion shall be governed by and construed in accordance with laws of England and
Wales and all disputes arising under this Promotion shall be subject to the jurisdiction of the
competent courts of England and Wales
4. This Promotion is not available for money transfers to India made through Money2India.com and
Money2Home.co.uk
5. All communication should be addressed to [email protected]
6. The Promotion is non-transferable and non-negotiable
7. We shall not be liable for any failure to comply with our obligations to transfer the 20 paise
preferential rate where such failure is caused by something outside its reasonable control. Such
circumstances shall include, but not be limited to, weather conditions, fire, flood, hurricane, strike,
industrial dispute, war, hostilities, political unrest, riots, civil commotion, inevitable accidents,
supervening legislation or any other such circumstance.