Through
ICICI Money Transfer , online money transfer services are offered by ICICI Bank, which is one of the top private sector banks in India. ICICI Bank provides a wide variety of inward and outward remittance services to its customers.
The money transfer services provided by ICICI Bank prove to be of great use for the NRIs (Non Resident Indians) because they can send money to their relatives in India without any hassles.
The money transfer services offered by ICICI Bank are easy and dependable. The products offered are appropriate to satisfy the financial requirements of the clients.
The products and services of
ICICI Money Transfer can be categorized into the following types:
Inward Remittance
1) Online Transfers
- Money2India
- Direct Debit – Australia, Canada, Singapore, Europe, U.S., and UK.
- NRI Direct - Qatar
- Cheque Lock Box
- Web Based Wire Transfer
- MeNRI - UAE
2) Wire transfer instructions/SWIFT details
3) Foreign currency checks
4) Alliance Products:
Wells Fargo of USA and Lloyds TSB of the United Kingdom.
5) Exchange Houses/Correspondent Banks
6) Outward Remittances
The outward remittance activities are performed after receiving the remittance requests from the NRE (Non Resident Rupee) or FCNR (Foreign Currency Non Resident) accounts for transferring money overseas. Customers can visit any ICICI Bank branch and request for a repatriation of funds. The NRI customers can utilize the Internet banking facility for repatriation of funds from NRE or FCNR FD. The process is safe and guaranteed. The customers just have to log on to the ICICI Internet banking website. The customers have the option to dissolve the fixed deposit on maturity or before maturity. The options available for repatriation of funds include Telegraphic Transfers (TT) or a Demand Draft (DD).
The overseas branches of ICICI Bank are located in the following countries:
- Bahrain
- UK
- Canada
- Sri Lanka
The various advantages of ICICI money transfer include the following:
- Convenience of Online and Offline remittances
- Vast geographical presence in India
- Vast correspondent bank network
- The availability of free remittance
- Competitive exchange rates
- Facilities for Non-ICICI Bank account holders
- Fast remittances
Contact Details
ICICI Bank
ICICI Bank Towers, Bandra-Kurla Complex
Mumbai, 400051, India
Phone: +91-22 2653 1414
Fax: +91-22 2653 1167