Editorial review of ICICI Bank Money Transfer

Overview

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

Pricing : How much does ICICI Bank Money Transfer cost?

Pricing Rating : 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?

Transparency Rating : 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?

Transfer Speed Rating : 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.

Security : Is ICICI Bank Money Transfer Safe?

Security Rating : 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.

User experience of ICICI Bank Money Transfer

User Experince Rating : 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.

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

Market Coverage Rating : 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 Discount and 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 User Reviews and Ratings

It was ganesh kumar whom i talked with…

Review published on 02-05-2024

It was ganesh kumar whom i talked with . He don’t have patience and don’t know how to deal with customers. If a person already know then why he or she will call customer service.

by ekta choudhary

I am closing all my ICICI NRE/NRO Accounts

Review published on 02-05-2024

We have NRE & NRO account with ICICI Bank. My wife went to India after 4 years assuming she has money in ICICI and don't need to take dollars from here. But after reaching there in the branch they are saying some message is popping up and not letting withdraw the money, it may be a KYC issue. I filled all the required KYC request and it took 1 full day to complete the KYC for them. After that my wife went again to the branch to extract money and they said the same thing again that the message is still popping up and she can't take the money out. This is so frustrating and we feel that ICICI is not equipped to serve NRI customers. Their 24/7 US customer service has to wait for India to take action and that takes 1-2 days to do anything. Basically the purpose of having a NRI/NRO account with ICICI was to not carry dollars every time and use our money there. with this instance the purpose is defeated and I am planning to close all accounts with ICICI

by Deepak Arora

Very arrogant staff behavior...I…

Review published on 30-04-2024

Very arrogant staff behavior...I usually transact online.. I wanted to check on one failed transaction at the branch.. As it was around 4 pm an hr after bank closure..They refused to even listen to me..I never had such pathetic experience with other banks till date.

by Venkatesh Prasad Madhugiri

ICICI Kailash Colony

Review published on 29-04-2024

Went to Kailash Colony, New Delhi to open a NRO account on 29.04.2024 at 1:30 pm. The employee could not find anyone to open an account. I left asking myself the question if such banks are prepared to support the great vision of Mr Modi to drive Indian economy to a developed nation status. I think these institutions need to skill their employees further. Very poor performance.

by Arun Kohli

Transfer Type And Modes

Pay In Options

  • Bank
  • Cash Card

Pay Out Options

  • Bank
  • Cash Card

Service Mode

  • Online

Icici Company & Contact Info

Type:- Bank
Established:- 1994
Address:- Mumbai, India.
Email:- nri@icicibank.com
Service Info:- 1 (866) 424-2448
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