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Wire Transfer Instructions
 
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Wire transfer instructions/SWIFT details
 


ICICI Bank's Wire Transfer Instructions is one of the easiest offline methods of sending money to your family and friends in India. No matter where you are in the world, Wire Transfer Instructions, to your local bank, allows you to remit money from your local bank to any ICICI Bank account.

All you need to do is to walk over to your local bank branch and instruct them to credit our relevant account with the correspondent bank (see correspondent bank list) according to the currency you want to send funds in. You can mention any ICICI Bank account in the ultimate beneficiary details. Please remember to tell your bank to mention "OUR" in their charges column when they send the wire transfer.


The wire transfer will be processed in 24 banking hours after ICICI Bank has received the funds into its account. It typically takes 24-48 banking hours for the funds to reach our account from the time you place the request with your bank. Your local bank may charge you for the wire transfer. ICICI Bank will levy a nominal Foreign currency conversion charge of INR 25 (inclusive of service tax). This charge would be deducted from the amount to be paid to the beneficiary. For FCNR deposit requests involving currency conversion, there will be a nominal charge of USD 1 (or equivalent of the deposit currency) for FCNR deposits, deducted from the FCNR deposit amount.

Your local bank may charge you for the wire transfer. ICICI Bank will levy a nominal Foreign currency conversion charge of INR 25 (inclusive of service tax). This charge would be deducted from the amount to be paid to the beneficiary. For FCNR deposit requests involving currency conversion, there will be a nominal charge of USD 1 (or equivalent of the deposit currency) for FCNR deposits, deducted from the FCNR deposit amount.


 
 
Important Instructions:
Reserve Bank of India vide their circular (DBOB.AML.BC No 77/14.01.001./2006-07) dated April 13, 2007 has made it mandatory for all incoming and outgoing Remittances (Domestic and Foreign) to contain the account number, name and address of the remitter of the said funds in the payment message, in order to prevent and detect wire transfers used for funding terrorist activities.

To be able to comply with the above mentioned requirement we request your help in informing your remitters to ensure that the above mentioned details as required are provided in the remittances that are being effected favouring yourselves.

This would prevent any undue delay in the processing of the wire transfers favouring yourselves.
 
 

For a sample wire transfer form please select currency below:



Click here for the list correspondent banks

 
 
     
 
 

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Direct Debit, Correspondent Banks
 
 
     
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