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Web Based Wire Transfer (Power Transfer)
 
Middle East
 
 
     
 
Power Transfer (Web Based Wire Transfer)
 

Power Transfer (Web Based Wire Transfer) is ICICI Bank's online wire transfer channel. NRIs can transfer money to India in as short a time as 48 hours. Power Transfer (Web Based Wire Transfer) eliminates the errors associated with a normal wire transfer by giving remitters a printed wire instruction form and a tracking number to track the remittance online.

All you have to do to send money to India is to transfer the amount, along with ICICI Bank charges, to an ICICI Bank account (or any of its correspondent banks). You don’t even need to have an account with ICICI Bank: you can send the money through any bank of your choice.

Benefits


 
Fast money transfers - it takes just 48-72 hours  
   

No limit on the amounts that can be remitted  
 
 
Error-free, because manual intervention is minimal, and you can keep track of the transfer
 
   
Flexible, because you can remit in 11 currencies. And neither you nor your beneficiary needs to have an account with ICICI Bank
 
   
Free demand drafts issued at over 2,500 locations in India for money transfers above CAD 1500
 
   
Free money transfers to accounts held in over 100 other banks across India
 
   
Free money transfers to accounts at over 750 ICICI Bank branches
 
   
FREE Money transfers above $1000 or equivalent into Bank accounts with over 100 other banks in India. Nominal charges for lower amounts.
 
   
Competitive exchange rates  
   
Online tracking of the status of your funds