Mode of Remittance | Charges for Resident Customers | Charges for NRI Customers (applicable for repatriation from NRO/NRE accounts only) |
---|---|---|
Wire Transfer initiated through ICICI Bank internet banking# | ₹ 750 | ₹ 500 |
Wire Transfer initiated through ICICI Bank branch or any other channel | ₹ 1,000 | ₹ 500 |
Wire Transfer
Wire transfer is a fast and simple way to do an Outward Remittance. It enables you to transfer funds from your account to Beneficiary account across the globe.
Benefits
Quick Transfer :- Credit to the beneficiary’s account in 1-3 working days*.
Remittance Limit :- The wire transfer can be made up to any amount subject to limits prescribed vide FEMA.
Convenience : - Transfers through Internet Banking for ICICI Bank customers
Currencies
ICICI Bank offers retail outward remittance facility in the following currencies: USD, GBP, EURO, SGD, CAD, AUD, CHF, HKD, JPY, AED, SAR, DKK, NOK, SEK, QAR, NZD, ZAR, OMR, THB and BHD.
Charges of Wire Transfer
Charges for Outward wire transfers does not include any charge that may be levied by intermediary or correspondent bank.
*Date of credit to beneficiary account depends on the remittance currency selected.
# Remittance facility from NRO account is not available through internet banking.
GST will be levied as per the existing rate over the charges mentioned above. Further, GST will be levied on the converted gross INR amount in accordance with the new rules w.e.f. July 1, 2017. Please click here to know the slab wise structure.
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