Outward Remittances – Send Money Overseas

To avail of this service, you need To either have ICICI Bank Savings Account or you should be a Resident Indian with a valid Indian mobile number, email id, PAN number and a valid address proof. If you do not have an ICICI Bank Account, you need to complete a one-time registration which can be done online if you have PAN, Aadhaar and an Aadhaar registered mobile number. If you do not have Aadhaar or Aadhaar registered mobile number, you can complete your registration from the branch.

The limit for fund transfer abroad for ICICI Bank’s resident Savings Account holder from ICICI Bank Internet Banking is up to USD 25,000 or its equivalent per transaction and USD 250,000 or its equivalent per financial year

NRE account balances are freely repatriable. There is no limit specified for outward remittances from such accounts.t to any purpose specific limit specified by Reserve Bank of India. For NRO account it is subject to a limitation of USD 1,000,000 in a financial year and you can repatriate your current income for the current financial year. Current year is the financial year in which the remittance is sought to be made. Balances in the NRO account arising out of capital receipts can also be repatriated up to USD 1,000,000.