Disclaimer

New York branch

ICICI Bank Limited New York Branch (“ICICI New York”) is an OCC regulated federal branch office of ICICI Bank Limited (ICICI Bank), a bank company incorporated in India and regulated by the Reserve Bank of India (RBI). 

Representative Office

ICICI Bank Plano, Texas/ICICI Bank Sunnyvale, California (the "Representative Offices") are representative offices of ICICI Bank, a bank company incorporated in India and regulated by the Reserve Bank of India ("RBI"). The Representative Offices are not chartered banks or trust companies or depository institutions, and are not authorized to accept deposits or trust accounts. The Representative Offices are licensed by state and federal banking authorities for the sole purpose of conducting approved representational functions for ICICI Bank. The information provided herein is not intended for distribution to, or use by, any person in any jurisdiction where such distribution or use would be contrary to law or regulation. 

Money2India

Money2India is an online remittance service offered in the United States by ICICI Bank New York Branch. The service is governed by product-specific terms and conditions. Money2India is not eligible for, nor covered by, deposit insurance from the Federal Deposit Insurance Corporation (FDIC).

For detailed terms and conditions, please visit: www.icicibankusa.com/remittance_services/money2india/terms-and-conditions.page

Money2India is also subject to all applicable foreign and domestic regulations, including prevailing foreign exchange and other relevant laws.

ICICI Bank New York Branch reserves the right to modify or amend, in whole or in part, any of the terms and conditions governing Money2India without prior notice or assigning any reason. Timelines and service levels mentioned, if any, are indicative and should not be interpreted as commitments by ICICI Bank New York, ICICI Bank Limited, or any third party.

NRI Services and Home Loans

ICICI Bank New York Branch and ICICI Bank’s Representative Offices in the United States provide limited local assistance for accessing India-based banking products and home loans. ICICI Bank New York Branch and ICICI Bank’s Representative Offices in the United States do not process, approve, or disburse any loan in India. All loan applications and related activities are undertaken solely by ICICI Bank Limited in India, in accordance with applicable laws and regulations.

Business

1. The New York Branch is a wholesale bank and does not undertake any retail activity. The New York Branch does not accept cash deposits in any currency.


2. It has come to the notice that a spurious email mentions about an authority/instruction received by ICICI Bank from American Bankers Association for redirecting customer’s unclaimed funds with ICICI Bank to an escrow account before redirecting the same to a Federal account. The spurious email looked as if it was sent by an official of ICICI Bank. However, the spurious email had originated from outside ICICI Bank's perimeter.


3. Account opening amount less than $250,000.00 may be accepted if the business entity falls under / is covered by any exclusion/exemption under (12.C.F.R 28.16). Conditions apply, All charges are exclusive of any state and federal taxes (if applicable) and service is to be charged as per the applicable tax laws in various states of United States of America. Please contact us at 1-866-424-2448 or usaccountmanager@icicibank.com for further details.


4. ICICI Bank Limited New York Branch (“ICICI New York”) is an OCC regulated federal branch office of ICICI Bank Limited (“ICICI Bank”), a bank incorporated in India and regulated by the Reserve Bank of India (“RBI”). These products and services are provided in the United States of America by ICICI New York and are subject to product specific terms & conditions. The products are not eligible for or covered by deposit insurance of the Federal Deposit Insurance Corporation (“FDIC”). Please familiarize yourself with the Borrower Education & Information Disclosure available at Click here. 


5. The products and services are also subject to applicable foreign and domestic regulations, prevailing foreign exchange regulations & other applicable laws. ICICI New York reserves the right to modify or change all or any of the terms and conditions governing the products and services.


6. ICICI New York also reserves the right to discontinue the products and services without assigning any reasons whatsoever. Any references to timelines or service levels are only indicative and should not be construed to refer to any commitment by us or any other service provider. At ICICI Bank, security of our customer’s information is a top priority. Please visit the Safe Banking section on our website regularly to stay up-to-date on tips to keep your money safe and secure. Please note, ICICI Bank will never ask for your credential, e.g., password when you call our Customer Contact Centre.