Transferring Money
ICICI Bank has various way through which its NRI account holding customers can transfer money and thereby has made the process of the same quicker, convenient and easy. ICICI Bank offers a host of online as well as walk-in options to transfer money to India.
Online Method:
The online methods that ICICI Bank provide is powered by their service Money2India that allows NRI account holders to transfer money into an ICICI Bank account free of cost. It also allows transfers into bank accounts with over 30 other banks in India free of costs. Demand drafts above USD 1,000 or equivalent issued and payable at over 1250 locations in India are absolutely free. The customers enjoy online tracking of the status of the funds.
In order to use any of the online services listed below the customer has to register with Money2India.
• Power Transfer: It is an online local wire transfer giving customers the advantage of quick and efficient money transfes. Customers can use it to credit any ICICI bank account, a non ICICI Bank account or issue a demand draft. This unique web based wire transfer facility also gives customers the convenience of knowing the status of their transfer at every stage with Money2India tracking number.
Currencies available- AUD, CHF, HKD, JPY, NOK, SEK, SGD, USD, EUR, CAD, GBP & AED
Charges- Free for credits to ICICI Bank.
-Free for Direct Credits to non ICICI Bank Accounts
-Free for Demand Drafts issued over Usd 1,000 or equivalent
• Cheque Transfer: Customers an transfer money to any ICICI Bank account absolutely free of cost by simply posting their cheque to a local ICICI Bank P.O.BOX instead of sending the cheque to India. This helps in speeding up the money transfer significantly. Customers can track their funds right from the moment it reaches the P.O.BOX till the funds reach the designated ICICI Bank account way the individual tracking number.
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Currencies available-, USD, EUR, CAD, GBP & SGD
Charges- Free only for credits made to ICICI Bank accounts.
• E-Transfer: This is a direct debit facility using automated clearing houses which allow the customers to transfer money online from the comfort of their home. There is no need of visiting any branch and eliminates the hassle of paper work transfers are a click away. The service can be used to credit any ICICI Bank, a Non ICICI Bank account or issue a Demand draft.
Currencies available: USD
Charges: -Free to ICICI Bank Accounts
-Free for direct credits to non ICICI Bank Accounts
-Free demand drafts issued over USD 1,000
• Net Express: This is a complete online money transfer facility from UK, Europe, and Singapore to India customers can use their local banks internet facilities. In Singapore this facility is offered to all account holders of DBS Bank. Customers can send money quickly to any ICICI Bank account, a Non ICICI Bank account or issue Demand Draft at over 1,250 locations in India.
Currencies available: GBP, EUR, SGD
Charges: -Free to ICICI Bank Accounts
-Free for direct credits to non ICICI Bank Accounts
-Free demand drafts issued above SGD 2,000 or equivalent
• Card Transfer: Customers can debit their Visa/Master Card to send money to India, completely online, with just a few clicks.
Currencies available: USD
Charges: From USD 3.50 to USD 31 depending on the card transaction amount ( Credits permissible only to ICICI Bank accounts)
• ME-NRI: This service is for account holders of Emirates Bank, UAE. The customers can transfer funds online from an Emirates Bank account to an ICICI Bank account
Currencies available: AED
Charges: AED 5
• NRI-Driect: This service is for the account holders of the Commercial Bank, Qatar. The customers can transfer funds online or at branches of Commercial Bank, Qatar to an ICICI Bank Account.
Currencies available: QAR
Charges: -QAR 10 for online transfer
-QAR 15 for branch based transfer
ICICI Bank has various way through which its NRI account holding customers can transfer money and thereby has made the process of the same quicker, convenient and easy. ICICI Bank offers a host of online as well as walk-in options to transfer money to India.
Online Method:
The online methods that ICICI Bank provide is powered by their service Money2India that allows NRI account holders to transfer money into an ICICI Bank account free of cost. It also allows transfers into bank accounts with over 30 other banks in India free of costs. Demand drafts above USD 1,000 or equivalent issued and payable at over 1250 locations in India are absolutely free. The customers enjoy online tracking of the status of the funds.
In order to use any of the online services listed below the customer has to register with Money2India.
• Power Transfer: It is an online local wire transfer giving customers the advantage of quick and efficient money transfes. Customers can use it to credit any ICICI bank account, a non ICICI Bank account or issue a demand draft. This unique web based wire transfer facility also gives customers the convenience of knowing the status of their transfer at every stage with Money2India tracking number.
Currencies available- AUD, CHF, HKD, JPY, NOK, SEK, SGD, USD, EUR, CAD, GBP & AED
Charges- Free for credits to ICICI Bank.
-Free for Direct Credits to non ICICI Bank Accounts
-Free for Demand Drafts issued over Usd 1,000 or equivalent
• Cheque Transfer: Customers an transfer money to any ICICI Bank account absolutely free of cost by simply posting their cheque to a local ICICI Bank P.O.BOX instead of sending the cheque to India. This helps in speeding up the money transfer significantly. Customers can track their funds right from the moment it reaches the P.O.BOX till the funds reach the designated ICICI Bank account way the individual tracking number.
.
Currencies available-, USD, EUR, CAD, GBP & SGD
Charges- Free only for credits made to ICICI Bank accounts.
• E-Transfer: This is a direct debit facility using automated clearing houses which allow the customers to transfer money online from the comfort of their home. There is no need of visiting any branch and eliminates the hassle of paper work transfers are a click away. The service can be used to credit any ICICI Bank, a Non ICICI Bank account or issue a Demand draft.
Currencies available: USD
Charges: -Free to ICICI Bank Accounts
-Free for direct credits to non ICICI Bank Accounts
-Free demand drafts issued over USD 1,000
• Net Express: This is a complete online money transfer facility from UK, Europe, and Singapore to India customers can use their local banks internet facilities. In Singapore this facility is offered to all account holders of DBS Bank. Customers can send money quickly to any ICICI Bank account, a Non ICICI Bank account or issue Demand Draft at over 1,250 locations in India.
Currencies available: GBP, EUR, SGD
Charges: -Free to ICICI Bank Accounts
-Free for direct credits to non ICICI Bank Accounts
-Free demand drafts issued above SGD 2,000 or equivalent
• Card Transfer: Customers can debit their Visa/Master Card to send money to India, completely online, with just a few clicks.
Currencies available: USD
Charges: From USD 3.50 to USD 31 depending on the card transaction amount ( Credits permissible only to ICICI Bank accounts)
• ME-NRI: This service is for account holders of Emirates Bank, UAE. The customers can transfer funds online from an Emirates Bank account to an ICICI Bank account
Currencies available: AED
Charges: AED 5
• NRI-Driect: This service is for the account holders of the Commercial Bank, Qatar. The customers can transfer funds online or at branches of Commercial Bank, Qatar to an ICICI Bank Account.
Currencies available: QAR
Charges: -QAR 10 for online transfer
-QAR 15 for branch based transfer