Transferring funds from an overseas bank account to your account held with ICICI Bank India can be carried out seamlessly through international Wire Transfer via SWIFT. Simply login to the digital platform of your overseas bank or visit a branch and submit a request
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Secure & convenient
Track your remittance with ease
Available in 41 currencies
Zero charges levied by ICICI Bank
No limit for such remittances
Funds are received in Indian bank account within 1-2 working days.
The sender can initiate the transfer through digital platform or visit the overseas bank branch.
Completely safe and secure transfers through SWIFT messaging platform.
Funds can be received in Indian bank account from anywhere across the world.
Full Name
Bank Account number
Complete address
Bank name: ICICI Bank, India
SWIFT code: ICICINBBNRI
Specify the currency of transfer
Ensure that you include a clear purpose for transfer
It is recommend that the sender instructs his/her bank to select “OUR” option for charges
It is recommend to share ICICI Bank’s correspondent bank details for receiving the funds in foreign currency
To check correspondent details, click here
Customer ID for which the deposits has to be created
USD, GBP, AUD, CAD, and SGD
USD & GBP – 1,000 foreign currency units
AUD, CAD & SGD – 2,000 foreign currency units
Specify the tenure for which the deposit is to be booked. Else, FCNR will be automatically booked for 1 year and 1 day.
Click here to know more
Zero charges levied by ICICI Bank
Sender Bank and/or correspondent bank may levy nominal charge.
The applicable GST will be levied on the converted currency in accordance with the provisions of the GST Act. Click here for GST slab details.
Wire Transfer is a secure, electronic method for transferring funds between banks globally using the SWIFT messaging platform. It's commonly used by banks worldwide for transferring funds across borders.
Completely safe and secure transfers through SWIFT messaging platform.
Wire remittances are generally processed within 1–2 working days, if both the payment instructions and funds are received from the sender bank.
Amount of currency exchanged |
Derived Value on which GST will be charged |
GST on derived Value ( for rate@ 18%* ) |
|---|---|---|
Up to INR 100,000 |
1% of gross amount exchanged, subject to minimum amount of INR 250 |
INR 180 ( For exchange amount of INR 1,00,000) |
From INR 100,001 to INR 10,00,000 |
INR 1000 for Exchange amount of INR 1,00,000 plus 0.5% on remaining amount exchanged |
INR 990 (For exchange amount of INR 10,00,000) |
Above INR 10,00,000 |
INR 5500 for Exchange amount of INR 10,00,000 plus 0.1% on remaining amount exchanged, subject to maximum of INR 60,000 |
INR 1170 (For exchange amount of INR 20,00,000) |
*The applicable GST will be levied on the converted currency in accordance with the provisions of the GST Act. Applicable Central Goods and Services Tax (CGST) / State Goods and Services Tax (SGST) or Integrated Goods and Services Tax (IGST) will be basis the Recipient’s GST number or address registered with ICICI Bank.
The SWIFT code for ICICI Bank is ICICINBBNRI
By mentioning the correspondent bank details, the remittance gets directed in the intended foreign currency and the risk of getting rerouted by the sending bank/ intermediary bank is avoided.
Click here for list of the details of ICICI Bank's correspondent banks as per the currency selected.
Currently, the following currencies have been enabled for receiving the remittances as inward remittances through SWIFT Wire Transfer.
Currencies with direct Nostro Accounts:
AED, AUD, CAD, CHF, SGD, JPY, USD, NOK, NZD, QAR, DKK, EUR, GBP, HKD, ZAR, SAR, SEK, OMR, PLN, THB, BHD, KWD
Currencies where funds are received in USD through arrangements with correspondent banks.
BGN, BWP, CNY, CZK, HUF, ILS, MXN, RON, RSD, TRY, UGX, ZMW, PEN, BBD, BSD, ISK, JMD, CRC, and CLP
Note: The USD Card Rate prevailing on the date of credit to the customer's account would be the applicable exchange rate.
You can track/locate your international Wire Transfer in a simple and convenient way through Internet Banking by following these steps:
You will need the following details to track the same:
SWIFT GPI tracking / reference number (which consists of numbers and letters)
SWIFT copy or payment reference number of sender bank.
In case the status is not available, you may ask the sender to check with its sending bank.
The Bank sends an e-mail on receipt of the SWIFT message and funds in the Nostro Account, to the registered e-mail ID.
You can send declaration / documents to remitassist@icicibank.com or nri@icicibank.com from your registered e-mail ID.
8 mins Read | 1 Year 6 Months Ago
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