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Foreign Currency Cheque
 
Canada
 
 
     
 
Foreign Currency Cheque
 

If you are receiving foreign currency cheques from abroad, ICICI Bank Money2India offers you an easy way to get fast credit into your ICICI Bank account. All you need to do is to walk into an ICICI Bank Branch and drop off your cheque.

What can you deposit?
We accept Cheques, Travelers cheques and Demand Drafts to Cashier orders, Pay Orders, Bankers' cheques, etc.

When do you get your money?
Based on certain conditions, the time in which money gets credited to your account ranges from 21 days to that very instant!

   
 Instant Credit
 
·
You can get instant credit into your bank account, the moment you walk into an ICICI Bank branch.
 
   
 Credit in Eight Days
 
·
Credit is available within 8 days of depositing your instrument at the ICICI bank branch. It is available for instruments drawn in the following currencies and countries:
- USD in US
- GBP in UK
- EURO in EU
- AUD in Australia
- SGD in Singapore
- CAD in Canada
 
   
 Day 21 Credit
 
·
You can avail of the 21-day credit period for any instrument with which you may walk in, irrespective of whether you are an old or a new ICICI Bank account holder except in cases where the instrument is sent on collection. In such cases credit is given when the bank realises the same.
 

What are the charges you incur?
   
 For credits into ICICI Bank NRI accounts:
 
·
Nominal foreign currency conversion charge of Rs 22.25 + Service Tax
   
 For credits into ICICI Bank Domestic accounts:
 
·
Provisional Credit (Credit in 8 days) -0.25%, subject to minimum of Rs. 350. Additional foreign currency conversion charge of INR 22.25. Service Tax as applicable will be additionally levied.
 
·
Non - Provisional Credit (Credit in 21 days) - 0.125%, subject to minimum of Rs.250. Additional foreign currency conversion charge of INR 22.25. Service Tax as applicable will be additionally levied. For FC Cheques sent on Collection, courier charges as incurred will be additionally levied, wherever applicable.
 
   
 For credits into ICICI Bank EEFC accounts:
 
·
Provisional Credit (Credit in 8 days) - 0.25% and subject to minimum of USD 8, EUR 6, GBP 4, CAD 9, AUD 10, SGD 13, AED 29 and JPY 897. Additional foreign currency conversion charge of USD 1, EUR 0.5, GBP 0.5, CAD 1, AUD 1, SGD 1, AED 4 and JPY 100 (inclusive of service tax).
 
·
Non-Provisional Credit (Credit in 21 days) - 0.125% and subject to minimum of: USD 6, EUR 5, GBP 3, CAD 6, AUD 7, SGD 9, AED 21 and JPY 640. Additional foreign currency conversion charge of USD 1, EUR 0.5, GBP 0.5, CAD 1, AUD 1, SGD 1, AED 4 and JPY 100 (inclusive of service tax). For FC Cheques sent on Collection, courier charges as incurred will be additionally levied, wherever applicable.
 

 
 
     
 
 
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