• Money2India users have to login into your account, while New Users have to register for Money2India
• Logon to Money2India and on the Welcome to Money2India page, click on the Manage your e-Transfer (ACH) Account link. It will take you to the Registration for e-Transfer page.
• On the Registration for e-Transfer page you will be required to provide the following details:
  • Your Social Security Number
  • Your US bank's 9 digit ABA Routing Number
  • Your account type (consumer checking or consumer saving account)
  • Your US bank account number
• You would be registered for e-Transfer facility. As a security measure, we need to validate your account details for which, you would have to complete the Account Validation Process.
  
  

• We would be initiating 3 small value transactions of amounts below $ 1 each to your US bank account.
• There would be 2 deposits (credit) and 1 withdrawal (debit) from the bank account. For example, Deposit 1 of $ 0.20, Deposit 2 of $ 0.30 and Withdrawal 1 of $ 0.50.
• The Withdrawal amount would be equal to the sum of the Deposit amounts. Hence your account balance would not be affected by these transactions.
• The transactions would be shown in your US bank account statement. For example it might be shown as:
  Deposit 1 : MONEY2INDIA PYMT TRANSFER $ 0.20
  Deposit 2 : MONEY2INDIA PYMT TRANSFER $ 0.30
  Withdrawal 1 : MONEY2INDIA SUB TRANSFER - $ 0.50
• You can view the transaction details in your bank account on the second or third working day from the date of registration for e-Transfer. For example if you register for e-Transfer on Monday, the transactions would appear on your US bank account on either Tuesday or Wednesday.
• There is a possibility that your US bank might club the two Deposit transactions and show only a single deposit in your bank account. In such a case, please contact your bank for the correct details of the Deposits and Withdrawals.
• We would send you an email after 2 working days (On Wednesday for the above example) requesting you to confirm the amount of the small value transactions on the Money2India website. The instructions for confirming the values are explained in detail as under.
• Logon to Money2India and on the Welcome to Money2India page and click on the Manage your e-Transfer (ACH) Account link.
• You would get details of your registered account. Click on the Entry for Account Validation link.
• You would get a screen for "e-Transfer Account Validation Entry" wherein you would have to enter details of the Deposits only as appearing in your US bank account. For example, you would have to enter $ 0.XX and $ 0.YY against the Deposit 1 and 2 fields. Please note that you can enter the Deposit values in any sequence.
• As a security measure we allow a maximum of 2 attempts to enter Account Validation details. If you enter the details incorrectly twice, your e-Transfer account would be disabled. In case your e-Transfer account gets disabled, please send a mail to nri@icicibank.com to re-activate your e-Transfer account.
• On correct entry of the Deposit amount, you can start using your e-Transfer account.

• Select a beneficiary registered with us or select a new beneficiary and provide the beneficiary details.
• Enter the amount to be transferred and the purpose for which the money transfer is being carried out.
• You can make a request for a recurring or a non-recurring money transfer service.
• A non-recurring request would be a one-time request. If you want to send money on a regular basis (e.g. every month) you can make a recurring money transfer request.
• On submitting the details, a unique tracking number is provided to you for easy tracking of the request.
• Your money transfer request details are stored on the Money2India system for your records.
• The money would be transferred from your US bank account after 1 - 2 days of your making the request.
• The US banks send the unpaid money transfer requests information between 2 - 4 days.
• If the beneficiary has an account with ICICI Bank, the money is directly transferred to the account on the 5th day
  If the beneficiary does not have an account with ICICI Bank, a demand draft is issued and dispatched on the 5th day itself. The demand draft can be dispatched to over 670 locations in India
• The money transfer status would be updated on your e-Transfer account page and an e-mail would also be sent to you confirming the same.
  

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