header main logo header main logo

BEST FOR

NRIs wanting to transfer money overseas securely

  • Easy access 24x7 via iMobile & Internet Banking

  • Confirmation via e-mail & SMS once the funds are credited in the receiver’s account

  • Available in 21 currencies

  • Fixed exchange rates

  • Full Value Credit to the receiver’s bank in USD, GBP and AUD sent to the respective home country.

About

Online Overseas Money Transfer Limits:

Transaction Type

Per transaction limit

Per Financial Year

NRO Account to Overseas

USD 75,000 or equivalent

 

USD 1 million or equivalent, subject to limits as per source of funds:

Current Income (rent, dividend, interest etc.) – No limit

Capital Assets (sale of assets, property, shares, gift from relatives etc.) – USD 1 million or equivalent

NRO Account to NRE Account

USD 1 million or equivalent

NRE Account to overseas

  • USD 2,50,000 or equivalent during working hours i.e. 10:00 a.m. IST to 03:59 p.m. IST on India working days

  • USD 1,00,000 or equivalent per transaction beyond the days and times mentioned above

No Limit

Charges for Overseas Money transfer

Click here to know the charges for overseas money transfer. GST on currency conversion and above charges will be applicable additionally.

Documentation

To know the documents required for initiating an overseas money transfer online, click here (Refer to FAQs regarding Online Repatriation).

FAQs

How can I send money overseas from my NRE Account/NRO Account ?

ICICI Bank Account holders can transfer money overseas from their NRE/NRO Account in India to any bank around the world, using Internet Banking or iMobile App via Money2World or visit the nearest forex-enabled ICICI Bank Branch. 

In how many currencies can I send money overseas?

Overseas money transfer can be initiated in 21 currencies.

These include USD (US Dollar), EURO (Euro), GBP (British Sterling Pound), SGD (Singapore Dollar), CAD (Canadian Dollar), AUD (Australian Dollar), CHF (Swiss Franc), HKD (Hong Kong Dollar), JPY (Japanese Yen), AED (Arab Emirates Dirham), SAR (Saudi Arabian Riyal), DKK (Danish Kroner), NOK (Norwegian Kroner), SEK (Swedish Kroner), QAR (Qatari Riyal), NZD (New Zealand Dollar), PLN (Polish Zloty), BHD (Bahraini Dinar), OMR (Omani Riyal), THB (Thai Baht) and ZAR (South African Rand).

Who can be the receiver for overseas money transfer from my NRO Savings Account?

Overseas money transfer can be done to:

  • Your own NRE Account with ICICI Bank under the same/different Customer ID/s (such NRE Account can be selected from the dropdown)

  • Any Overseas Account

How can I transfer funds from my NRO Account and NRE Account using Money2World?

From NRO Account:

  • Log in to ICICI Bank Internet Banking

  • Go to Payments & Transfer > Funds Transfer

  • Select Overseas Transfer using Money2World > Repatriation from NRO SB via Wire Transfer

  • On the Money2World page, click on ‘Send Money’

  • Choose destination country (select India for NRO to NRE) and enter the amount

  • Select the ‘Purpose of Remittance’, ‘Receiver’ and ‘Source of Funds’

  • Upload the required documents (self-attested and Form 15CA/15CB if applicable)

  • Authenticate via Debit Card Grid Values and OTP.

From NRE Account:

  • Log in to ICICI Bank Internet Banking

  • Go to Payments & Transfer > Funds Transfer

  • Select Overseas Transfer using Money2World > Repatriation from NRE SB via Wire Transfer

  • On the Money2World page, click on ‘Send Money’

  • Choose the ‘Destination Country’ and enter the ‘Amount’

  • Select the ‘Purpose of Remittance’ and the ‘Receiver’

  • Authenticate through Debit Card Grid Values and OTP.

 

T&Cs apply.

VIEW ALL FAQ’S

Disclaimer

PROCEED