Popular Questions FAQ's

In which countries is Money2India available? Which currencies are supported?


Money2India service facilitates money transfers to India from 7 countries and currencies as listed below :

North America: USA (USD), Canada (CAD)
Europe: UK (GBP)
Asia: Singapore (SGD), Australia (AUD), UAE (AED)

How secure are my transactions on Money2India?


Money2India employs a range of state-of -the art security features for the service

  • Firewall (virtual electronic fence that prevents unauthorized access to the ICICI Bank server)
  • 128 bit Secure Socket Layer (Security technology that ensures all information exchanged is confidential.)

We recommend you not to share your Money2India details with anyone.

Do I need to be an ICICI Bank customer to use the Money2India services?


Money2India service can be availed from 7 countries and enables any bank to any bank transfers. The services can be availed by :

  1. Any individual for money transfer to India
  2. Business entities to send money for Business Purposes (Currently available for USA only).

 

Neither you nor your beneficiary needs to be an ICICI Bank customer for availing the service.

Can I send money to any non-ICICI bank account using this service?


With Money2India, you can send money to India into any bank accounts across 75,000 bank branches.

 

Click here to see the coverage of bank accounts across India

Can I send money to the bank account of a business?


In addition to personal remittance, our individual customers from USA can now send money to business by adding new recipients as ‘Business’. Also one can register as a business entity on Money2India and send money to businesses in India.

I want to check the banking holidays in India?


You can check the list of holidays in India by clicking on the link https://www.icicibank.com/nri-banking/RHStemp/holiday.page?.

What are these different types of Recipients?


If you are registered as an Individual, you will see 3 radio buttons while adding a recipient as:

  1. Individual – Select this when you want to send money to your family, pay for purchase house property or pay for personal expenses from the available list of purposes.
  2. Business – Select this when you want to send money to the Business entities in India for business activity as denoted by available list of purposes.
  3. Non-Individual – Select this when you want to Donate or Pay to a registered beneficiary

If you are registered as a Business, you will see 2 radio buttons while adding a recipient as:

  1. Individual – Select this when you are making payment to a person for the underlying business activity
  2. Business – Select this when you are making payment to a Business entity for the underlying business activity

Where can I see the list of Purposes?


You can see the list of purposes on step 5 ‘Confirm your transaction’ while initiating a transaction.