[Resolved]  ICICI Bank — imps funds transfer from icici bank failed.

Address:411017
Website:www.icicibank.com

I made an imps funds transfer from my icici bank account to sbi loan account.
The money was immediately deducted from my icici bank account but i received the message that transaction failed due to time out at sbi's end.
And i am asked to wait for t + 2 days to get the transaction issue resolved.
I tried calling icici bank customer care but they were not helpful and asked me to wait for t+2 days.
This is really pathetic. I have a commitment to make the funds transfer today itself. If a imps transaction is not successful for whatsoever reason the money should be credited back to my icici account immediately.
Why is icici bank causing inconvenience to customers like me by asking to wait for t+2 days.. Rbi should seriously look into such matters and fine such arrogant banks heavily.
This is causing lot of stress to me and i m sure there would be thousands of customers like me who are feeling the same.
I hope something positive will come out of this
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Oct 31, 2017
Complaint marked as Resolved 
The amount got credited to beneficiary account
ICICI Bank customer support has been notified about the posted complaint.
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