Money Transfer Rates and Charges

HiSAVE Remittance Account Rates effective from May 19, 2014

AER (Variable)

1.00%

Gross

1.00%

Net

0.80%

Tax Free

1.00%

 

Please Note: The interest rate on your HiSave Remittance Account will be changed from 1.00% AER to 0.50% AER from November 20, 2016.

 

AER (Variable)

0.50%

Gross

0.50%

 

Charges

Money transfer to an ICICI bank account in India

£1

Money transfer to other banks in India

£2

CHAPS transfer

£20

Physical copy of statement

£5

Physical copy of tax statement

£5

 

Charges applicable to each transfer made using the standing instructions, future dated transfers and rate block features:

  Transfer to ICICI Bank Limited (India) Transfer to other Indian banks
Transfer Mode Instant
£1
24 hours
£2