What you get with ICICI Bank Connected Banking

  • Direct Payments

    Initiate vendor payments, salary payouts, and reimbursements directly from your ERP or accounting platform, without logging into separate banking portals

  • Error-free Auto Reconciliation

    Transactions are automatically reconciled once processed, eliminating manual matching and reducing operational errors.

  • Download Bank Statements

    Access and download your ICICI Bank account statements directly within your ERP for easier tracking and reporting.

  • Real-time Balance Fetch

    View your current account balance instantly within your ERP to manage cash flow with better visibility and control.

Strategic Alliances

Connected Banking FAQs

What is Connected Banking?

Connected Banking is an industry-first initiative that allows businesses to manage banking transactions directly from their ERP, accounting, payroll, or HRMS platforms, while automating the reconciliation process.

How does reconciliation work in Connected Banking?

When a payment is initiated from a pre-integrated platform, the transaction is automatically reconciled after successful processing, removing the need for manual intervention.

What are the pre-requisites for Connected Banking?

To use Connected Banking, you need:

  • An ICICI Bank Current Account
  • Access to a Connected Banking partner platform
  • Active Corporate Internet Banking credentials

Can I use the same Current Account for multiple ERP or accounting platforms?

Yes. A single ICICI Bank Current Account can be registered for Connected Banking across multiple ERP, accounting, or HRMS platforms.

Is Connected Banking secure?

Yes. ICICI Bank Connected Banking uses end-to-end encryption, and all transactions are secured through two-factor authentication.

What types of platforms does ICICI Bank support?

Connected Banking is available across:

  • Accounting platforms
  • HRMS and payroll platforms
  • Inventory management platforms

Who should I contact for support?

For assistance with ICICI Bank Connected Banking services, you can:

  • Call 1800 1080
  • Contact your ICICI Bank Relationship Manager

How do I initiate Connected Banking services?

You can raise a request directly from your ERP platform. For guidance, contact your ERP support team or your ICICI Bank Relationship Manager.

Disclaimer

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