ICICI Lack Of Knowledge About SSN And Credit Reports Posted by : Babu On 02 Sep 2014

It has been very frustrating that ICICI has been so ignorant of the sensitivity of SSNs. They prompt the customers to use the SSNs just like you ask for a phone number. This is really ridiculous and unprofessional of an institution where a lot of NRIs hold their accounts.

Even though you pull all three bureau credit reports for ten years, they still ask you for personal/sensitive information such as bank statements for the past six months, etc. when you apply for a NRI loan. I can even produce clean bank statements but can never cook up my credit report.

I could appreciate ICICI to some extent, but HDFC was the worst. Why don't these banks train their staff that work with NRIs and set procedures based on a good understanding about sensitive data?

0 comment Report  

Bank Account Without SSN Posted by : eBizWhiz On 11 Dec 2010

There are very few banks in the US that would open a bank account for an individual without their SSN (or while its in process).
Anyone who needs to open a bank account in the US and is yet to receive an SSN can visit branches of
* Bank of America
* 5th 3rd Bank

I know for sure that these banks will open an account without a social security number. You need to contact them with your passport along with the US visa and the I 94 card.
They will make you sign a form where you declare that any tax related to your money in that account would be paid by you. Thats about it.

This is of much help to individuals who need to move to US or have recently moved. These banks may take your Hotel / workplace address however it would be prudent to request them to have your debit card and check book delivered to the branch itself. One can pick those up later from there.

This way one does not need to wait till the SSN is created and can start receiving their salary through ECS than by check.

Remember to update the bank of your confirmed address and SSN once you have settled in.

4 comments Report  

State Bank Of India California Sucks Posted by : Arvind Suman On 26 Apr 2001

My dear friends if any of you are depositing money for NRE or NRNR account in California SBI branch then never do it .They never give you a good exchange rate .But deposit in State bank of India New York branch they give you more than 1 rupees more for the exchange rate .
Go to www.statebank.com and get the address .And after you call both the brances you will will see for your self .

0 comment Report  

Affinity Credit Union Posted by : Ajith On 18 Oct 2007

Affinity Credit Union is very good for new comers. i opened account with just 5 dollars balance .I think they need some membership something like Friends of Whitmore ,then you can join them . I got account when Bank of America rejected my credit card .Recently after 1 yr i got my car loan transferred from PNC who charged 9.5% interest to Affinity at an interest of just 5.5% . Its of great help to Indians when we are here new and these big banks just ignore you .!!!!

1 comment Report  

Dont Apply For Credit Card In The Initial Stages Posted by : ramu On 07 Jul 2007


This is for new commers...when we appy for the credit card in the intial stage,as we dont have any credit history...it would be rejected...so i suggest new commers to apply for only credit card when u pay bills 2/3 months (credit history is build uo by that time)on u r name..

If once u credit card is rejected then it will reduce u r credit history(I dont know the reason)..so i be careful...

Hope it helps you.

0 comment Report  

Credit Unions Posted by : Sachin On 25 May 2007

Any credit union account holder can deposit and withdraw money from any other credit unions that are located near to your home. Example: DCU (Digital Federal Credit Union) member can deposit or withdraw money form PCU (Premier Credit Union) and vice versa. DCU is good with better interest rates and no minimum charges for checking account even with zero balance. Most of the banks change monthly fee if we don’t maintain minimum balance.

0 comment Report  

DCU - Any Membership ?? Posted by : mahesh On 04 Jun 2006


In case if someone can provide me his details so that I can become the member of DCU. He can send me his name and membership no at mahesh115@yahoo.com

I believe to become a member one needs to be referred by some existing member .

Appreciate a help

0 comment Report  

DCU Looks Good Posted by : pk On 01 Mar 2006

They give unsecure credit card (BOA doesnt),and auto loan around 5.7% (good deal).Only con they dont have brances/ATMs all around.

DCU is the best credit union. I have account both in Bank of America (BOA) and DCU.

I feel comfortable and useful having account in DCU than BOA.Thats true.I support sriram

0 comment Report  

Saved By This Forum Posted by : Visha On 19 Dec 2005

Thanks to the feedback about ICICI, we are saved from doing business with ICICI. I am sure we will make sure that hundreds others whom we can influence will also be saved from doing business with ICICI. Also hopefully thousands of others will read these facts about the negligence of ICICI bank and will be saved from doing business with them.

0 comment Report  

Hdfcdirect Online Saving - Any Experience Posted by : shran On 08 Dec 2005

HSBCDirect is giving 4.0 % APY for online saving account. Does any one opened that account? Is account reliable? and Does any hidden charges or gimmiks ?
If any experience, Pl. share.

1 comment Report