We would be initiating 3 small value transactions of amounts below $ 1 each to your local (ACH) bank account in USA. There would be 2 deposits (credit) and 1 withdrawal (debit) from the bank account. For example, Deposit 1 of $ 0.XX, Deposit 2 of $ 0.YY and Withdrawal 1 of $ 0.ZZ.

Please note: 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 appear in your local (ACH) bank account statement. For example it might be shown as: Deposit 1 : MONEY2INDIA PYMT TRANSFER $ 0.XX
Deposit 2 : MONEY2INDIA PYMT TRANSFER $ 0.YY
Withdrawal 1 : MONEY2INDIA SUB TRANSFER - $ 0.ZZ

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 (ACH). For example if you register for e-transfer (ACH) on Monday, the transactions would appear in your local (ACH) bank account on either Tuesday or Wednesday.

Please note: There is a possibility that your local (ACH) bank in USA 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.

Login with your Money2India User Id and click on the "e-transfer (ACH) Account(s)" link under Manage on your Services Home page. It will take you to the e-transfer (ACH) account details page where you would get details of your registered bank account. Click on the 'Validate your account' link under Status.

You would get a screen for e-transfer (ACH) Account Validation, wherein you would have to enter details of the 2 Deposits (credits) only as appearing in your local (ACH) 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.

Please note: 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 (ACH) account would be disabled on Money2India. In case your e-transfer (ACH) account gets disabled, please Email Us to re-activate your for e-transfer (ACH) account on Money2India.

On correct entry of the Deposit amounts, you can start using your for e-transfer (ACH) account to directly send money to your beneficiary in India using e-Transfer (ACH) facility on Money2India.

Login with your Money2India User ID and click on "e-transfer (USA ACH based)" link on your Services Home page under Send Money or click on Transfer Money under e-transfer (ACH) in the product matrix table to send money.

Select a New Receiver or an Existing Receiver (if already registered on Money2India) and provide the receiver account details.

On submitting the details, a unique tracking number is provided to you for easy tracking of your request online. Your money transfer request details are stored on the Money2India system against this tracking number.

The money would be transferred from your bank account in USA after 1 - 2 working days of your making the request. Banks in USA, send any unpaid money transfer requests information between 2 - 4 working days.

If the beneficiary has an account with ICICI Bank, the money is directly transferred to the account on the 5th working day. For electronic credits to non-ICICI Bank accounts or credits to a VISA Card account* or DD's, the money is sent for electronic clearing or DD is issued and dispatched in 1 additional working day after we receive the money within 5 working days.

You can track the status of your remittance using the Track Your Remittances link under Manage in the Service home page. An e-mail would also be sent to you confirming the status of your remittance.

Please Note:
The above mentioned timeline excludes banking holidays and weekends in USA and India. Please click here to view the list of banking holidays in India.

*Visa Money Transfer cannot be used to transfer money to NRE Account linked VISA cards.