Business Banking
 
 
 
 
 
 
 
Useful Information

 
Business Savings Account

Making optimum use of your money is an important and common goal for most businesses. With careful planning, your business should get the maximum value for your funds; always have the funds it needs while ensuring that the surplus money is earning a good return.

Earn 1.75%* Annual Percentage Yield (“APY”) on your business savings balances in the savings account at ICICI Bank Limited, New York Branch (“Branch”). Simply activate your ICICI Bank Savings Account* today and start earning interest. While your APY may change at any time based on market conditions, you are assured a competitive interest rate day after day.

Your business savings account can be linked to a checking account enabling account transfers at your ease. Unlimited deposits are allowed, and you will not be required to maintain any minimum balance to qualify for a high interest rate.

Money is never locked-in, so you can have easy access to your money. Make your money work harder for your business and earn interest while saving for important business expenses. The Interest is earned on daily balances and compounded monthly.

The advantages of ICICI Bank Business Savings account are:

No minimum balance requirement
Earn 1.75%* APY with a level of flexibility and freedom
Surplus funds earn money in the Savings account, while giving the freedom and flexibility to withdraw and transact at your ease and convenience through ICICI Bank Limited, New York Branch’s Corporate Internet Banking
  • Personalized check books and deposit slips
  • Low transaction costs
  • Business Reply Envelopes to enable ease of check deposits
  • Transactions facilitated through Internet, E-Fax, emails and branch visits

The Internet banking facility for its business/corporate customers, namely Corporate Internet Banking (“CIB”) at www.icicibankusa.com will enable you to now transact from the ease of your office or home anywhere in the world, and is a one stop shop for all your online banking needs. It gives you the power to execute critical bank transactions instantly from your office locations with no time lags and hence is an indispensable tool in today's 24 x 7 high-speed business world. With CIB, you can drastically cut your paperwork and enjoy the triple benefits of 'efficiency, ease of use and economy'

What transactions are possible through CIB at ICICI Bank Limited, New York branch?
Transfer funds

You can transfer funds from your ICICI Bank Limited, New York Branch checking or savings account through various means/channels.

Transfer funds within ICICI Bank Limited, New York
Transfer funds to your own account at ICICI Bank Limited, New York as well as any other account at ICICI Bank Limited, New York. You can execute immediate transfers as well as schedule future transfers.

Domestic transfer services
You can transfer funds through Automated Clearing House (ACH) at no charge* or wire transfers at a nominal charge*.

International Wire Services
Funds can be transferred across the world through wire transfers at a nominal charge* .

Express transfer
Express transfer(s) facilitates remittance to any ICICI Bank Limited account in India in USD/INR with certain daily restrictions of $10,000.00.

Non-Transaction Services
  • Real Time Account Balance Information
  • Download Account Statements
  • Subscription to Account Statements by E-mail

Write to account manager
You can write to ICICI Bank Limited, New York Branch directly from your Internet banking account to make any service request.

Why would CIB be beneficial for your business?
  • Getting right information at the right time
    In today's dynamic and competitive environment where information is considered as a valuable resource, CIB offers a single view of all your accounts so that you easily track all ICICI Bank Limited, New York banking relationships
  • Simplified Reconciliation
    Flexibility to download the above information would make accounting and reconciliation easy
  • Customization & Security
    You can preset multi-level approvals for transactions for various employees in your business for complete security.
So, go ahead and move your business in the right direction towards financial freedom with ICICI Bank Limited, New York Branch’s Savings account.

Click here for fees and charges for Business Banking Savings Account


Conditions apply*