Icici bank easy money transfers to India with Money2India | finder.com

ICICI Bank international money transfers to India

Convenient banking services in India

India’s largest private-sector bank, ICICI Bank offers a range of financial products and services to its customers. You’ll find everything from savings accounts and insurance to credit cards and loans.

One of those services is Money2India, a convenient, affordable way to send money from the US to India. Send money in an hour or two for as little as $3.

Get money to friends and family in India when you need it.

Money2India offers a standard ACH transfer option that guarantees delivery within five business days and an express option that delivers your cash within an hour to ICICI Bank accounts and two hours to accounts at other Indian banks.

ICICI Bank is best for:

  • Money transfers to India. Money2India.com is designed to offer a secure and affordable way to send funds to India.
  • Speedy transfers. Funds can arrive in your recipient’s bank account in as little as an hour or two.
  • Bank account transfers. You can transfer funds to any bank account in India.

How much does it cost to transfer money with ICICI Bank?

ICICI Bank’s Money2India structure is straightforward: a low $3 fee for transfers of up to 65,000 INR (about $975) and no fee for higher amounts. Keep in mind that in accordance with India’s Finance Act, you will need to pay a Conversion Service Tax will apply to your transfer — from about 50 cents to about $15 combined with a maximum equivalent of 0.0145% of your total for the largest transfers.

Exchange rates

ICICI Bank offers competitive exchange rates, which it updates regularly to reflect the changing market. It also confirms its exchange rates with the Fixed Rupee Transfer option, providing you with the security of knowing your exact rate before you send funds.

Back to top

Calculate your fees and exchange rate

I want to send

to

Enter your details to speak to a foreign exchange expert

By submitting this form, you agree to finder.com privacy policy
Ofx Logo

Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.

With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

  • Buying property abroad
  • Emigrating
  • Regular overseas payments
  • Risk management
  • Forecasting
Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Services Amount Received Description CTA Details
$0 1 - 2 days - - Online, Phone, Bank Account to Bank Account Show details

Compare up to 4 providers

What types of transfers can I send with ICICI Bank?

Before you can send funds with ICICI Bank, you’ll first need to register for a free Money2India account by providing some personal information. You can then send your money to accounts at more than 100 Indian banks in under two hours for express transfers or up to five business days for standard transfers.

Money2India offers the following types of transfers:

  • One-off transfers. Make a one-time transfer to India.
  • Recurring payments. If you need to send weekly, monthly or quarterly payments to India, you can also schedule recurring payments.
Back to top

Available currencies and countries

Money2India is set up to exchange your US dollars into Indian rupees to be sent to your recipient in India. You can also send money through Money2India from the following countries:

  • UK
  • Canada
  • Singapore
  • Australia
  • Hong Kong
  • United Arab Emerites
  • Switzerland
  • Sweden

How do I use ICICI Bank’s Money2India?

With Money2India, you can transfer money in three easy clicks.

  1. Select your transaction.
  2. Review your transaction.
  3. Confirm your transaction.

What is ICICI Bank?

ICICI Bank operates the online Money2India transfer service for customers in the US, the UK, Canada, Australia, Singapore, Hong Kong, the UAE, Switzerland and Sweden. The largest private-sector bank in India, ICICI boasts total assets of $103 billion and more than 4,000 branches across India.

ICICI has won a host of awards each year, including the Asia Centre for Corporate Governance and Sustainability’s Best CSR & Sustainability Practices Award for 2016.

What other products and services does ICICI Bank offer?

From loans and credit cards to saving accounts, ICICI Bank offers a wide range of financial products and services to its customers who are Indian residents. However, its Money2India.com service is focused solely on helping people around the world send cost-effective money transfers to India.

What do customers say about ICICI Bank?

The overwhelming amount of reviews for ICICI Bank on TrustPilot fall into the “bad” category, with a TrustPilot TrustScore of 1.6 out of 10.

Customer support

If you need to contact ICICI Bank, you can initiate a chat online, send an email to NRI@ICICIBank.com, call 866-424-2448 or connect on Facebook @ICICIBankNriServices.

How do other providers compare to ICICI Bank?


Use our comparison calculator to assess transfer fees, exchange rates and other details for sending funds to India with our money transfer partners.

I want to send

to

Enter your details to speak to a foreign exchange expert

By submitting this form, you agree to finder.com privacy policy
Ofx Logo

Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.

With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

  • Buying property abroad
  • Emigrating
  • Regular overseas payments
  • Risk management
  • Forecasting
Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Services Amount Received Description CTA Details
USD 1,000 1 day USD 0.00 18.769 Online, Phone, Bank Account to Bank Account MXN 93,843 Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for 100+ currencies.
Go to site Show details
USD 1 3 - 5 days USD 75.00 18.835 Online MXN
92,760
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
USD 1,000 1 day - - Online, Phone, Bank Account to Bank Account Exclusive exchange rate discounts
No-maximum limit transfers with competitive exchange rates for 100+ currencies.
Go to site Show details
USD 100 3 - 5 days USD 5.00 18.75 Online, Phone MXN 93,655 Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000. Go to site Show details
USD 1 Within an hour - - Online, Bank Account to Bank Account, Cash Transfer Use promo code FREE to send your first transfer at no fee to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details

Compare up to 4 providers

Frequently asked questions

Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and our Privacy Policy.

US International Money Transfers Offers

Important Information*
HiFX International Money Transfers

Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.

WorldRemit International Money Transfers

Use promo code FREE to send your first transfer at no fee to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.

World First Foreign Exchange

Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for 100+ currencies.

TransferWise International Money Transfers

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

Go to site