ICICI Bank is an Indian bank that offers personal and business banking solutions in the UK. It has six branches in the UK.
Its business banking solutions include current accounts and saving accounts.
Compare ICICI Bank’s business accounts
What business bank accounts are available for ICICI Bank customers?
- Business current account. You can create accounts in pound sterling, US dollars and euros. You’ll pay a £5 account fee, but only if your balance falls below £5,000. You’ll pay 30p for every transaction in and out of your account.
- Business savings account. An instant-access savings account is available. If you want a higher interest rate, opt for a fixed-rate savings account. You can get a term of six months, one year, two years, three years, four years or five years.
- Business forex solutions. An account that supports real-time exchange rate supporting multi-currency transactions.
- Business fixed deposit. An account with no minimum deposit and a range of term options available.
How to apply for an ICICI Bank business account
You can apply for an ICICI Bank business account via its website by clicking the “Apply Now” button at the top of the page.
Alternatively, you can click the “Request A Call Back” button to have a staff member walk you through the application process.
Pros and cons
Pros
- Dedicated account manager.
- Create balances in multiple currencies.
- Low fees and simple international transfers.
- No monthly account fee if you keep a healthy balance.
- Several options for savings accounts.
Cons
- Few perks available with the current account.
Customer service information for ICICI Bank
Email support | |
---|---|
Telephone support | |
In-app or live chat | |
Contact form | |
Branch support |
Our verdict
An ICICI Bank business bank account could appeal, especially if you are dealing with international transfers and multiple currencies, and you think you’d benefit from a dedicated account manager.
Even so, it’s always best to check out the alternatives before you decide on which one to commit to with your business and finance. Read our guide to the best business bank accounts to choose the one that best suits you.
Get started by visiting ICICI Bank’s website and sign up for an account. If you have read this review and decided that ICICI Bank’s account is not for you, you can also compare other business bank accounts on the market.
More guides on Finder
-
Best day trading stocks for 2024
Find out how to spot some of the best day trading stocks available in the UK and abroad, along with tips for managing your investment portfolio on a day-to-day basis.
-
Wealthify vs Vanguard
Vanguard and Wealthify are both investment platforms with a lot to offer. We compare their fees, features, account types and more – side by side in Wealthify vs Vanguard.
-
eToro vs Robinhood UK
Robinhood and eToro are both investment platforms with a lot to offer. We compare their fees, features, account types and more – side by side in eToro vs Robinhood UK.
-
Hilton Honors Debit Card review: Is the high annual fee worth it?
If you stay at Hilton regularly and pay for breakfast, you’ll find good value in the Plus card. But the annual fees on both cards are quite steep if you don’t.
-
9 Best trading platforms in the UK
We’ve tested, analysed and scored trading platforms to find the 10 best trading platforms in the UK, who they’re best for and the pros and cons.
-
AJ Bell vs interactive investor (ii)
AJ Bell and interactive investor (ii) are both investment platforms with a lot to offer. We compare their features, fees, account types and more – side by side in AJ Bell vs ii.
-
Open banking, fraud, AI and more at FinTech LIVE 2024
The key themes for FinTech LIVE have been revealed ahead of the conference next week, including open banking, fraud, AI and more.
-
Trading 212 vs interactive investor (ii)
Trading 212 and interactive investor (ii) are both investment platforms with a lot to offer. We compare their features, fees, account types and more – side by side in Trading 212 vs ii.
-
Ampere review: The business account, not the unit of electric current
Ampere could be a useful option for businesses that want to pay a single monthly fee and then be able to budget accordingly.
-
interactive investor (ii) vs Vanguard
Vanguard and interactive investor (ii) are both investment platforms with a lot to offer. We compare their features, fees, account types and more – side by side in interactive investor (ii) vs Vanguard UK.