Foreign remittance

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Ashwin (Querist)
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29 December 2011 Hi,

Our Company has remitted Rs.24000 Pounds to our UK subsidiary.the ICICI bank has debited our account on 28-11-2011.but, the same account has not been credited to our UK ICICI account.Please let me know what are the remedy against the bank.

B Ravi Kumar ACMA, MBA, M Com

B Ravi Kumar ACMA, MBA, M Com (Expert)
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29 December 2011 You contact your remitting ICICI Bank, they will provide you all the details and reasons for delay in crediting. Generally it will be done within TAT. ICICI is doing good service, you need not to worry.

Ashwin

Ashwin (Querist)
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29 December 2011 what are the remedy against the bank

B Ravi Kumar ACMA, MBA, M Com

B Ravi Kumar ACMA, MBA, M Com (Expert)
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29 December 2011 When you don't get response from bank, then you think about all those things.... First you approach the Branch where you held the account.

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