ICICI Bank Money Transfer Reviews 2021

1 stars based on 470 reviews

Send Money To Rate
USD INR ₹ 73.15

ICICI Bank Money Transfer Review by Exchange Rate IQ

Overall rating
9 /10
Send money to India using secure and cost-effective online money transfer service that is ICICI. Benefits of ICICI:
  • Secure transfers from any bank overseas
  • Wide range of online services
  • Secure your online transfers
  • Wide range of delivery options
  • Online tracking of money transfers
  • Cost efficient and competitive exchange rates
  • 24X7 Service Commitment

Review of ICICI Bank Money Transfer :

Incorporated in 2000, ICICI Money2India is powered by ICICI Bank Ltd, one of the oldest online remittances service for NRI’s for transferring money to India from around 9 countries. With Money2India you can send money from Australia, Canada, Hong Kong, Singapore, Sweden, Switzerland, UAE, UK and USA to a beneficiary in India (In any bank account).

On Technology point of view, Money2India is constantly working to provide best user experience and help NRI’s transfer money with ease. Few key features introduced are:

  • Transfer money in just 3 clicks.
  • Transfer money using mobile apps.
  • Transfer money via voice command to Siri.
  • Automated recurring money transfer.
  • Using inter banking platform, ICICI NRI account holders can do international money transfers.
  • Pay bills to nearly 100 services directly via Money2India like telephone bills, Insurance premiums, prepaid mobile recharge and so on.
  • Fixed exchange rate - With this one can lock the exchange rate and transfer fix amount in rupees.
  • Biometric login for mobile app.

Money2India is rated 9 out of 10 for NRI’s who wish to transfer money from Australia, Canada, Hong Kong, Singapore, Sweden, Switzerland, UAE, UK and USA. Money2India is part of India’s largest private sector bank which makes service mush faster. NRI’s who are doing banking with ICICI bank will get direct benefit of M2I service. Money can be transfer online and offline via both the modes.

Pricing : How much does ICICI Bank Money Transfer cost?

7 /10

On Pricing or service charge we rate ICICI Money2India 7 out of 10 as we still feel that in some corridors fees are higher than average on small amount transfer.Please find below the charges on different amount by countries.

From USA to India

    Fixed Rates

    • Free Money Transfer on and above INR 65,000.
    • Below 65,000 INR – 3 USD service charges

    Indicative Rates

    • Free Money Transfer on and above USD 1000.
    • Below 1000 USD – 3 USD service charges

From Canada to India

  • Free Money Transfer on and above 1500 CAD
  • Up to 1500 CAD – 4 CAD service charges

From Australia to India

  • No service charges

From Singapore to India

  • No service charges

From Canada to India

  • Free Money Transfer on and above 1500 CAD
  • Up to 1500 CAD – 4 CAD service charges

From UAE to India

  • 15 AED service charges

From Hongkong to India

  • No service charges

From Switzerland to India

  • Free Money Transfer on and above 1500 CHF
  • Up to 1500 CHF – 4 CHF service charges

From Sweden to India

  • Free Money Transfer on and above 8000 SEK
  • Up to 8000 CHF – 20 SEK service charges

From UK to India

    Fixed Rates

    • Upto INR 41,875 – 0.74%
    • From INR 83,751 and Upto INR 125,625 – 0.60%
    • From INR 125,626 and Upto INR 167,500 – 0.58%
    • From INR 167,501 and Upto INR 251,250 – 0.57%
    • From INR 251,251 and Upto INR 400,000 – 0.56%
    • From INR 41,876 and Upto INR 83,750 – 0.65%
    • From INR 400,001 – 0.55%

    Indicative Rates

    • Upto GBP 500 – 0.74%
    • From GBP 501 and Upto GBP 1000 – 0.65%
    • From GBP 1001 and Upto GBP 1500  – 0.60%
    • From GBP 1501 and Upto GBP 2000 – 0.58%
    • From GBP 2001 and Upto GBP 3000 – 0.57%
    • From GBP 3001 and Upto GBP 10000 – 0.56%
    • From GBP 10,001 and Upto GBP 650,000 – 0.55%

Transparency: Does ICICI Bank Money Transfer have any hidden fees?

9 /10

Money Transfer process with ICICI Money2India is complete transparent, you will get update from Money2India on every stage from initiating the request till receiving money in recipients India account - we rate ICICI Money2India 9 out of 10 for Transparency.

Transfer Speed: How long does it take to send money through ICICI Bank Money Transfer?

8/10

On website Performance and Money transfer Speed - we rate ICICI Money2India 9 out of 10 for Speed. Maximum case ICICI Money2India service do same day fund transfer when both the transfer modes are Bank to Bank.

Pay in Option with ICICI Money2 India are Direct from Foreign Bank Account or CashCard, where Pay Out Option with ICICI Money2India are Any Bank Account in India or CashCard or demand draft which will be dispatched to your recipient in India.

Other then online money transfer,  ICICI Bank also provide Offline Money transfer service for Correspondent Banks and Foreign Currency Cheques. In Correspondent Banks, ICICI Bank has partnership with several banks and exchange houses to transfer money in India included Insta Transfer, Speed Transfer, and Demand Drafts. In Foreign Currency Cheque, ICICI Bank accept foreign currency cheques, travellers cheques, demand drafts, cashier orders, pay orders, and bankers cheques where money will be credited into your account form 1 business day to 21 business days.

Coverage: How many Countries & Currencies does ICICI Bank Money Transfer support?

7/10

Money Transfer service with ICICI Money2India is limited to 9 countries, while there is growing demand in global market for this service Money2India need to consider extending services to more countries - we rate ICICI Money2India 7 out of 10 for Market Coverage.

ICICI Bank Money Transfer Promo Codes & Offers

Canada to India
Get extra 40 paisa rate on first transaction
United Kingdom to India
Get 40% discount on commission
Australia to India
Get extra 35 paisa rate on first transaction

ICICI Bank Money Transfer Transfer Process

On Customer Support, Money2India has 24X7 helpline with Toll Free Numbers for USA, Canada, UK, Australia, Singapore and UAE. Toll free numbers are available for  NRIs when in India and Non Toll Free numbers for NRI’s in Hong Kong, Sweden and Switzerland. Money2India also have email support, online chat, request a call back and social media presence on Facebook. With all the above service you will get top notch customer service with Money2India to resolve any query ASAP.

User experience of ICICI Bank Money Transfer

9/10

For providing best user experience Money2India is adding loads for features to its technology suite as as Mobile app,  quick money transfer service in 3 steps, Siri integration and so on. We rate ICICI Money2India 9 out of 10 for User Experience.

Security : Is ICICI Bank Money Transfer Safe?

9/10

Money2India is 100% secure money transfer service with Firewall and 128 bit encryption Money2India safeguard your personal, financial and transactional details with international standard.

Money Transfer process is completely secured and we rate ICICI Money2India 9 out of 10 for Security.

ICICI Bank Money Transfer Exchange Rate

Transfer Type And Modes

Pay In Options

Bank
Cash Card

Pay Out Options

Bank
Cash Card

Service Mode

 Online

Exchange Rate Type

Fixed

Alternatives to ICICI Bank Money Transfer

ICICI Bank Money Transfer User Reviews and Ratings

reviews powered by trustpilot

Icici bank refund money successfully 9330554674

Review published ago

Icici bank refund money successfully completed

by Prameshwar Mahtha

Icici bank refund money successfully 9330554674

Review published ago

Icici bank refund money successfully completed

by Prameshwar Mahtha

Very Vary Bad Bank

Review published ago

Pradeep Patel, mai bank ka employee tha, Or jab maine chodi to, bank walo ne meri 1 mahine ki salary or mera 2 mahine ka incentive nahi diya, ye bank bahot kharab h, kisi garib employee ke sath ye bank aisa hi karti hai.

by Pradeep Patel

Very Vary Bad Bank

Review published ago

Pradeep Patel, mai bank ka employee tha, Or jab maine chodi to, bank walo ne meri 1 mahine ki salary or mera 2 mahine ka incentive nahi diya, ye bank bahot kharab h, kisi garib employee ke sath ye bank aisa hi karti hai.

by Pradeep Patel

Worst Company to do the customer…

Review published ago

Worst Company to do the customer service, there is no understanding between branch and customer care call no., they just pass the ball to one another. My suggestion is never go to this Bank.

by Purnima sarees

Worst Company to do the customer…

Review published ago

Worst Company to do the customer service, there is no understanding between branch and customer care call no., they just pass the ball to one another. My suggestion is never go to this Bank.

by Purnima sarees

I have home loan in icici bank

Review published ago

I have home loan in icici bank. On 3ed September, 2021, I made the payment via cheque directly in the icici branch, Edappally, kochi. But every day I'm getting calls telling, I didn't make payment. I m a teacher. During online classes, frequent calls are coming accusing me that I didn't make the payment. I have attended that disgusting call. But next day same call came telling, for 4 days she has been calling me but I was not picking up the call. I wonder how can such a bank lie like this. I have fed up and these calls are distracting my classes. My only intention now is to take over my loan to another bank.

by Swapna Lekha VB

I have home loan in icici bank

Review published ago

I have home loan in icici bank. On 3ed September, 2021, I made the payment via cheque directly in the icici branch, Edappally, kochi. But every day I'm getting calls telling, I didn't make payment. I m a teacher. During online classes, frequent calls are coming accusing me that I didn't make the payment. I have attended that disgusting call. But next day same call came telling, for 4 days she has been calling me but I was not picking up the call. I wonder how can such a bank lie like this. I have fed up and these calls are distracting my classes. My only intention now is to take over my loan to another bank.

by Swapna Lekha VB

is it a bank ?

Review published ago

This is not even a Bank . this is an SCAM

by BarisH

manager sucks

Review published ago

In RJY danavaipeta branch, the manager is not upto the mark..she dont have patience to deal with the customers in a right way..

by Kiran Kumar

worst bank...the M2W division cheats…

Review published ago

worst bank...the M2W division cheats you by making you transfer money from international bk accounts to india and then if we transfer the same money back, they object everywhere without giving timely correct reasons thereby delaying and ensuring that money stays in their Indian account forever..most pasthetic experience felth ever..

by ASHISH MAJITHIA

If you ask for the worst bank in the…

Review published ago

If you ask for the worst bank in the world, it is ICICI Bank. They have issues with everything and my payments get declined each time i change my address on different accounts.

by Ravneet Kaur

Worst bank and worst services

Review published ago

Worst bank and worst services. Wasting lot of time.

by Eswar Gadam

Horrible banking experience

Review published ago

Horrible banking experience, shocked myself being customer over 10 years. Finally closing accounts and moving on with service priority banking institute. PS : Not good experience just change as dozen are out there!!

by Som Malaiah

The transfer never went to the intended…

Review published ago

The transfer never went to the intended recipient. No answer from the customer service team. No response for any query raised.

by Dinaker M

A victim of the bank

Review published ago

A victim of the bank

by Piyali Biswas

Worst bank risk of keeping money is unsafe to keep our hard earned money in the ICIC bank

Review published ago

Worst bank it take our money like they personal property if you think of open the ICIC bank account is like giving money to thief but are some good people in icic bank but rest of employments like to scam people in the name of policy there say u will get profit but that is all are lies even if u get profit they will keep cutting the money many times if you are looking for trust worthy bank u can open account in another bank other than ICIC bank there scam people looted the people in many ways there not let the senior citizens and farmers and they use the bad word against the costumes and all rude behaviour for customers.

by Thanks Good

they humiliate you using bad words

Review published ago

in 2020 I lost my job due to covid-19 and I think due to pandemic lots of peoples losts their job per iska mtlb ye nhi h ki apke creadit card ka bill nhi pay kr paye to ap ke department ke log abuse karenge ya persnol maid ki job offer karenge ya aukat dikhayenge mujhe meri itni insult sirf 8k bal.jise intrest add krke 37k bna diya i and i have some of recordings also

by Shalini Singh

Weird conversation with Relationship Manager

Review published ago

I had not created any Service Requests and my Fixed Deposits were about to mature. I dont attend any unknown calls. So i received an email from My Relationship Manager from ICICI Bank. He told me that it is very urgent and my number is not reachable and that I should contact him. I wrote back to him to communicate over email. Then he replied to me, "We have to do physical meeting once in a quarter for service request. So, I need to make a phone call and take your suitable time for meeting ." What? Physical meeting once in a quarter for service request? Which Service Request? So i wrote to him asking Which Service Request requires a physical meeting every quarter? And I have not raised any Service Request, etc. And on the side I also auto-renewed my FDs. After that I did not receive email again from him. This whole conversation with a bank RM was very strange for me. I had seen multiple grievances from people about what a relationship manager is capable of. So what was he trying to do? Monitoring my account? And trying to sell me something when he saw my FDs were about to mature? I have had my account with ICICI bank for 11 years and I trusted the brand. But this weird conversation - that too with my relationship manager has made me re-think if my trust is misplaced here. Because that is my hard earned money there. If someone is monitoring it, and trying desperately to reach me to take advantage of this, then something is not right.

by S. Gupta

Nice Bank in india i must say

Review published ago

Nice Bank in india i must say

by India taza

Bed behavior from customers at ICICI BANK, Loan /Wealth Branch, Sector 51, Noida.

Review published ago

As per my experience, Bed behavior from customers at ICICI BANK, Loan /Wealth Branch, Sector 51, Noida. Too arrogant staff.

by Punit Sharma

Behavior depends upon the balance in the account, not fit to be a bank

Review published ago

Struggling with this bank for a few months now, as Covid hit, the bank's service went down. It was expected, however, misbehavior & harassment was not. For a minor modification, a new account was opened instead. For the bank staff's own fault, the account with positive balance and fixed deposits was put on freeze. Fault admitted, apology given, but harassment continued. When requested account closure, manager wanted to look at the balance and do "hisab kitab" before replying in person.

by Aadil Prabhakar

Don't use ICICI Credit Card

Review published ago

Don't use ICICI Credit Card. Worst Service and If you pay the full payments also they are charged for late payment and give some f**king reasons.

by Jayavarapu Tapaswi

This bank is sick

Review published ago

This bank is sick. Please don't have any kind of relationship with this bank. I am telling you out of my personal experience. Not only me, my wife account closed over night without any clue for non-submission of KYC. No prior intimation... be careful with this bank. My wife had opened a FD as it's linked FD savings account. Now they withdrew the money. As we are living abroad now, the bank provide no support at all in this matter. Everytime we escalate, they provide the same pre-recorded reply. Myself I faced lot of issues with their NRI account opening process and their forex card is s***

by Mani
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