ICICI Bank Money Transfer Reviews 2020

1 stars based on 284 reviews

Send Money To Rate
USD INR ₹ 73.94

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

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Best bank, best experience

Review published ago

Tried opening salary account. They didn't provide instant kit telling me that it's due to covid 19. Yeah right! They mislead me and told me I can use net banking in the meantime. Have me account number and user id that doesn't work and just told me to contact customer support where I can't get support without my debit card. My debit card was dispatched 3 after the account was opened. It took them 2 whole days and a constant follow up to open my account which I couldn't access till I get debit card via shipping. I even deposited a cheque in the account as goodwill and now am stuck without funds till debit card arrives. Also they told me that it's only possible to open account if I visit them between 2 to 4 but I work in night shift and I couldn't manage and asked if I can visit in morning to which they didn't agree. So half dead I reached the branch at 2 pm in the sun and was misled about net banking. Still waiting for my kit and no access to my own hard earned money. It's a shameless bank with 0 quality standards or appreciation for its customers.

by Pruthvi Prajapati

Best bank, best experience

Review published ago

Tried opening salary account. They didn't provide instant kit telling me that it's due to covid 19. Yeah right! They mislead me and told me I can use net banking in the meantime. Have me account number and user id that doesn't work and just told me to contact customer support where I can't get support without my debit card. My debit card was dispatched 3 after the account was opened. It took them 2 whole days and a constant follow up to open my account which I couldn't access till I get debit card via shipping. I even deposited a cheque in the account as goodwill and now am stuck without funds till debit card arrives. Also they told me that it's only possible to open account if I visit them between 2 to 4 but I work in night shift and I couldn't manage and asked if I can visit in morning to which they didn't agree. So half dead I reached the branch at 2 pm in the sun and was misled about net banking. Still waiting for my kit and no access to my own hard earned money. It's a shameless bank with 0 quality standards or appreciation for its customers.

by Pruthvi Prajapati

Very bad experience

Review published ago

Very bad experience. Customer care changing amount. but not clear contact. My amount loss only.

by Karthikeyan

Very bad experience

Review published ago

Very bad experience. Customer care changing amount. but not clear contact. My amount loss only.

by Karthikeyan

ICICI is very Bad

Review published ago

ICICI is very Bad : Personal expereance. They promise a goody goody things before account opening( and they do it verbally) but once you an account with them; they spend their energy proving “What a fool you are”. I went to #ICICIBank #mississauga Branch. I told them that I had a frustrating experience with HDFC bank and if can they help me. They told me account opening 3 days, money transfer from NRO to NRE account another 3 days and 3 more days for NRE to my Canadian bank account. I showed them the documents at the time of account opening and explained the situation. The confident face of ICICI has turned into HELPLESS face and I feel being misled just for the sake of account opening. They are passing that buck to their Indian counterparts who are painfully slow in responding Now they say they never promised anything, and they are doing me a favour that they are trying to help me(read fool me). I spent INR 4000 for 15CaCB form I cancelled it and made another one spending INR 4000 again. Now I realise that I have been a fool to open my account with #ICICIBank. Case ID SR689103758. Please reshare.

by Amitabh Kumar

ICICI is very Bad

Review published ago

ICICI is very Bad : Personal expereance. They promise a goody goody things before account opening( and they do it verbally) but once you an account with them; they spend their energy proving “What a fool you are”. I went to #ICICIBank #mississauga Branch. I told them that I had a frustrating experience with HDFC bank and if can they help me. They told me account opening 3 days, money transfer from NRO to NRE account another 3 days and 3 more days for NRE to my Canadian bank account. I showed them the documents at the time of account opening and explained the situation. The confident face of ICICI has turned into HELPLESS face and I feel being misled just for the sake of account opening. They are passing that buck to their Indian counterparts who are painfully slow in responding Now they say they never promised anything, and they are doing me a favour that they are trying to help me(read fool me). I spent INR 4000 for 15CaCB form I cancelled it and made another one spending INR 4000 again. Now I realise that I have been a fool to open my account with #ICICIBank. Case ID SR689103758. Please reshare.

by Amitabh Kumar

SPECIAL THANKS FOR MISS PRIYANKA

Review published ago

It has been a truly delightful experience of many years for my banking services. No one in the banking segment compares with your standards in the country. Miss. Priyanka and the Entire ICICI team for creating Safe, Secure and Friendly environment for customers like me who hardly find time to visit the bank. Keep up the spirit. Look forward for more goodies in future also!! MOHALI 7PHASE INDUSTRIAL AREA.....

by sanjeev thakur

SPECIAL THANKS FOR MISS PRIYANKA

Review published ago

It has been a truly delightful experience of many years for my banking services. No one in the banking segment compares with your standards in the country. Miss. Priyanka and the Entire ICICI team for creating Safe, Secure and Friendly environment for customers like me who hardly find time to visit the bank. Keep up the spirit. Look forward for more goodies in future also!! MOHALI 7PHASE INDUSTRIAL AREA.....

by sanjeev thakur

Frauds

Review published ago

Horrible customer service. We used ICICI for international money transfer. Not only the rates were bad we discovered that they had sold our bank and other financial information to third parties and they were using our account for fraudulent purposes. The call center people answering for ICICI are all frauds. It is a trap. Stay away.

by Sagar

its a worst bank .

Review published ago

its a worst bank .. no proper customer care .. no proper response from the team or bank manager. my money got deducted for no reason , no one is there to respond.

by Nagendra Pasupuleti

Thieves and frauds

Review published ago

We lost money because of the employees of this bank. Don't bother sending money from anywhere through their account. They sell information to their parties and make money. When we contacted customer service they were so horribly rude to us. Everyone pretended not to know anything but they were all in it. Stay away.

by Sagar

Worst experience with icici housing…

Review published ago

Worst experience with icici housing loan department, no one is give satisfactory answer of any customer query. Even office staff is send customer to another office. This is just making fool to customer. Even policy is not clear and transparent. If we demand for better service, they intently evaluate the lower cost of your property. And you will trapped and run one to another ICICI offices.

by Rajesh Kumar Singh

Worst experience of my life

Review published ago

Worst experience of my life. Is there a possibility to give 0 stars. They just disconnect calls and have no clue what they talk about.

by Ben

ICICI Bank is the worst service…

Review published ago

ICICI Bank is the worst service provider. It is not the first time I felt cheated. They deduct 809 rs from my account without my Authorization and when I contacted them via email about the transaction they asked me for the dates amount etc as they don't have any tool or anything to check my details. After my repetitive emails they came up with their biggest lie that the amount is deducted as a charge for my Demat account which I never created with them. You people are bunch of liars and doesn't have any sense of professionalism and don't anything about satisfactory customer service. I will make sure that I will not indulge with you for any future acquaintance and will tell all my known people to not use your pathetic and underrated services.

by Himanshu Lohani

Service is very poor.i applied for atm…

Review published ago

Service is very poor.i applied for atm card 17 days ago but till now I do not get the atm card. They use delhivery courier agency for courier which has only 2.3 rating which is very poor.they show they delivered my atm card 9july 2020.but till now I don't get the atm card and when I trying to contact with courier agency as well as icici bank they do not response. I will give 0 star but there is no option for it

by Vipin Sharma

i by name Raghavendra kulkarni opened…

Review published ago

i by name Raghavendra kulkarni opened insta fd account in icici bank , my kyc not updated becoz server issue , later i hv been told to wait then thy said to contacr other branch which that branch people responded very poor again from past 20 days my kyc not getting updated i cant acces banking through mobile cannot withdraw money from account .this is the disgusting service that this worst bank providing.bludy looters and rogues.

by Raghavendra Kulkarni

SCAM BANK DO NOT GET ANY SERVICE FROM…

Review published ago

SCAM BANK DO NOT GET ANY SERVICE FROM THIS BANK RATHER BUY SOME FOOD FOR DOGS INSTEAD OF OPENING AN ANY ACCOUNT FROM ICICI BANK

by Rohit Pwr

Daylight robbers looting innocent…

Review published ago

Daylight robbers looting innocent people. Saddest customer service.

by rohit shankar

They provide worst customer service

Review published ago

They provide worst customer service, if you try calling all available personal banking customer care numbers nothing would work, if one number hardly gets connected then they will say pls call to personal banking number available on their website that too after wasting our 1 hrs of time.

Worst customer service

Review published ago

Worst customer service. You send them an email and they will ask you to call customer care. You try to call customer care, the phone will never connect and if it does connect, they will ask you to call again later by giving some lame excuses.

by ayush malhotra

Really bad in online banking

Review published ago

Really bad in online banking. Service provided is too slow. On call they be like everything will be done soon but in actual you just keep calling them, still issue remain unsolved.

by Ekam Kaur

Worst Bank to have an account

Review published ago

Worst Bank to have an account I had applied for 3 months moratorium for Loan and got a EMI moratorium acceptance message from bank. Still they hit my account with EMI and charged ECS Return charges for April and May. Worst service. Worst Bank. Big Cheaters.

by Masuma Peerbhoy

Worst customer service by the bank

Review published ago

Worst customer service by the bank, branch staff behaviour is decent but the behaviour of regional office raipur branch is very poor and not customer friendly. They behave very rude like government public office employees and also not try to listen the problems of customer and divert customer to various tables. Also they flip anytime from what they had said and put everything on customer. I will never suggest anyone for banking with ICICI.

by ANKIT KUMAR MISHRA

Worst customer service ever seen

Review published ago

First of all, there is no way to reach them from outside India. Secondly, this is the organization with worst customer service ever. Be it in that branch, or telephonic (if you are in India and if at all you manage to reach them). The staff is not well informed and do not know the answers to even basic questions. I am an engineer who was part of the development of the banking product they use for core banking, and I know what can possibly go wrong in any transaction, and trust me when I say this, the only reason this bank cannot be trusted is due to its staff, and not the banking infrastructure

by Sunil Nair
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