[Resolved]  ICICI Bank — NEFT charges

This is not fair at all.

NEFT facility on ICICIBank.com is chargeable at Rs 5 per transaction + Service Tax with effect from 24th Aug 09.

This is implemented all of a sudden and no prior intimation is given to the account holders of the same.

In India, everyone knows about the fake paper money being circulated by anti-India agenscies. Hence
RBI / banks should encourage people the use of intenet, online transfers/buying/selling and paperless hasslefree transactions. NEFT transfers are purely transparent and it is under the purview of RBI.

Like the usage of ATMs, RBI should come forward with rules enforcing the banks not to apply charges without their approval.