Transaction Related
One of the accounts is your current account, while the other is a virtual account created for the settlement of funds.
Mon, 23 Jan, 2023 at 8:23 PM
A Virtual Account is created for merchants who want to avail Collection facility, customers of merchant can pay directly to this virtual account from which...
Mon, 23 Jan, 2023 at 8:23 PM
Virtual Account is activated only if the customer opts for receiving funds and has submitted the necessary KYC. Also, please note that only post-KYC verific...
Mon, 23 Jan, 2023 at 8:24 PM
At the initial stage the daily limit is Rs. 50000 per day and Rs. 100000 per month.
Mon, 23 Jan, 2023 at 8:25 PM
The customer will have to share a mail from his registered email address for enhancement. Daily limits for collections can be enhanced post reviewing/appr...
Mon, 23 Jan, 2023 at 8:26 PM
Tue, 24 Jan, 2023 at 1:44 PM
Bankonnect does not have any transaction limit. Any limit set is based on the customer’s ICICI Corporate Internet Banking.
Tue, 24 Jan, 2023 at 1:45 PM
This might be because the bulk file has duplicate entries. Bankonnect team will drop a mail to the registered email address for confirmation of processing t...
Tue, 24 Jan, 2023 at 1:45 PM
999 entries can be processed at one time.
Tue, 24 Jan, 2023 at 1:46 PM
As of now we only process domestic transactions. Although we have cross border payment solutions approved by RBI, we will be rolling those out soon.
Tue, 24 Jan, 2023 at 1:47 PM