Personal Finance News

New ‘Insta Fx’ mobile app by ICICI Bank – Check what it has to offer

The ICICI Bank has launched its first ever mobile app to help the customers to smoothly obtain Forex Prepaid Card.

ICICI Bank has become the first bank in India to come up with such digital facility to help money changers.

Insta FX is launched on January 20,2021 which enables the authorized money changers to help customers in KYC procedures.

The bank partners who are authorized money changers can complete the KYC verification digitally along with customer validation. All this will happen online on real time basis.

All the details like the customer’s name from the PAN card and the card status etc. can be instantly validated by the application.

The money changers can also validate the customer’s passport easily through the MRZ code. The application is available for all the android devices.

The ICICI Bank Forex Prepaid Card can be easily availed by the customers at any partner money changer outlets in the states. The facility is provided across all airports of the country.

InstaFX also comes up with a feature of instant photo validation. It can also capture the customer’s live picture in order to validate the passport photo.

It enables to activate the Forex prepaid card within few hours which generally takes upto 2 days duration. This particular application is however not just limited to the ICICI Bank customers only.

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