ICICI Bank :: NRI :: How It Works :: Account Debit (NetExpress)

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NetExpress (Direct Debit)

How It Works ?

Follow these step-by-step instructions to use NetExpress (Direct Debit).
-You must first register with Money2India to use NetExpress (Direct Debit). Click here to register now.
- If you are already a registered user of Money2India then…

Click on NetExpress

Select an existing receiver (beneficiary) from your list or add a new beneficiary along with the mode of disbursal

Select Country of Remittance and then click "Next"

On the next page, enter the transaction details such as amount and currency

Fill in the purpose of remittance and receiver details (for a new receiver)

The next page will provide you a preview of the details you have entered. If all the details are right, click confirm.

Once these details are confirmed and submitted on the next page, you will need to click a link that will provide you with a unique Tracking Number (e.g. M2N12345678) and the following instructions for completing your transaction:

For remitters in Australia :

1. Log on to the Internet banking application of your bank in Australia.

2.Go to the module that enables you to pay/transfer funds to a third party account - a third party account would be an account that is not your own account and is held with some other bank in Australia

3. In the module, do the following:

A. Select your account from which you want to make the payment/ fund transfer.
B. Enter the third-party account details as follows:

Recipient Name	ICICI Bank
Recipient Bank	JP Morgan Chase Sydney
Recipient Bank BSB Number	212200
Recipient Account Number	010039355

C. Enter the Tracking Number in the field provided for "Message to recipient" or "Purpose of payment" or "Payment Reference".

Please note that unless we receive the complete Tracking Number with your funds, we will not be able to process your transaction. So check with your bank (or on your bank's Web site) about which field to use to send a personalised message to the recipient.

D. Enter the amount to be transferred. This should be the same as the amount confirmed on the Money2India website.

4.Confirm the third party payment/ fund transfer, to complete the money transfer request.

After completing the transfer request, you can use the Track Your Remittance facility (on Money2India) anytime, to check the status of your transaction.

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