ICICI Bank Announces RTGS Maintenance

ICICI Bank has informed its customers about a scheduled maintenance period that will impact RTGS transactions. During this time, both incoming and outgoing RTGS transactions will be delayed and processed after 06:00 a.m. IST on December 15, 2024.

Real-Time Gross Settlement (RTGS) is an electronic fund transfer system that processes transactions between bank accounts instantly. The maintenance window is set to occur from 11:55 p.m. on December 14, 2024, until 06:00 a.m. IST on December 15, 2024. Customers can still use NEFT, IMPS, or UPI services through iMobile or Internet Banking platforms during this period.

Online transactions through ICICI Bank's Internet Banking, iMobile Pay app, and Pockets app are free. Branch-initiated transactions have specific charges: Rs 20 + GST for amounts between Rs 2 lakh and Rs 5 lakh, and Rs 45 + GST for amounts between Rs 5 lakh and Rs 10 lakh. Fund transfers typically complete within 30 minutes of initiation. Customers can schedule RTGS transactions up to 3 working days in advance.

For RTGS funds transfer, customers must provide essential details such as the transfer amount, sender's account number, beneficiary's bank and branch details, beneficiary's full name and account number, and the receiving branch's IFSC code.