49. ICICI Bank Reputation
Q. hello how are you. i want open my nri account in icici
bank. i never come to India long time. this bank
reputation is good or not. i need to prove my USA income
when i deposit the money in my Indian bank.
A. ICICI bank has branches in USA and Canada also. I had
an account with them in Canada that I closed due to lack
of satisfactory customer service of this bank. Do a search
on the Internet for problems with ICICI bank and then
decide for yourself.
When you deposit money in banks located in the United
States amounts over $10,000 require reporting to the tax
authorities. Banks who suspect illegal source of funds are
legally bound to report such transactions to authorities.
Disclaimer: Information provided is for general knowledge only and should not be
deemed to be professional advice. For professional advice kindly consult a professional
accountant, immigration advisor or the Indian consulate. Rules and regulations do
change from time to time. Please note that in case of any variation between what has
been stated on this website and the relevant Act, Rules, Regulations, Policy Statements
etc. the latter shall prevail.
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