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Money Transfers to India limited period offer

  • All transfer charges waived
  • Assured free gift for a loved one in India with every transfer of £1,000 or more
  • Promotion ends March 31, 2012.
Click here to know more
Money transfer – ICICI Bank UK PLC

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Benefits of transferring money with us

Speed of transfer

Transfer money to more than:

  • 55,000 bank branches in India – within 24 hours
  • More than 2500 branches of ICICI Bank Limited (India) – instantly

Convenience and ease of use

  • Access our service wherever you are – online, by phone or in branch
  • We provide a 24/7 service – online or by phone
  • Save your instructions for one-time or recurring money transfers
  • Transfers through Debit card - Easy money transfer to India with any non ICICI Bank UK PLC chip and pin debit card.

Value for money

  • We'll give you a guaranteed exchange rate – 24/7.
  • Benefit from preferential exchange rates if you have a HomeVantage Current Account
  • We'll send you an email alert when there’s a significant movement in exchange rates, if you have a HomeVantage Current Account.

Service quality

  • We assure to transfer your funds within our stated time – or we'll pay you 5 pence for every £10 transferred. For details, please see our special features.
  • We'll save your exchange rate preferences (see more about 'rate block feature' below).
  • Demand draft – you have the option of transferring money using a demand draft, which is a paper-based method of payment. Your draft can be:
    • Delivered to you across the counter
    • Dispatched to your beneficiary in India
    • Dispatched to your beneficiary's bank in India
  • Wire transfer - this is a simpler, more traditional money transfer service, using SWIFT as the transfer method. You authorise us to wire funds from your account to your beneficiary’s account and you can transfer funds across the globe.

CURRENT ACCOUNT HOLDERS

Features of our money transfer service

  • Choose the channel that’s most convenient to you – online, by phone or branch.
  • Use online banking to check the status and history of your transfers.
  • 24/7 access to our money transfer service – online or by phone.
  • Instantly transfer money to more than 2525 branches of ICICI Bank Limited (India).
  • Transfer money in 24 hours to more than 55,000 Indian bank branches.
  • Benefit from preferential exchange rates and lower transaction charges.
  • Use our special features for easy and convenient money transfers.
  • We assure to transfer your funds within our stated timescale – or we'll pay you 5 pence for every £10 transferred. For details, please see our special features.

Options and charges – transferring money

All charges waived from February 17, to March 31, 2012. Click here to know more.
  Transfer to ICICI Bank Limited (India) Transfer to other Indian banks
Transfer Mode Instant 4 hours 24 hours 24 hours
Branch * N/A £2 Free Free
Online £1 N/A N/A £1#
Phone N/A £2 Free Free
The above charges are applicable for transfers through the GBP HomeVantage Current Account only.
# Though a charge of £1 has been specified, Online Transfers to other Indian banks are presently being offered free of charge. This promotional offer is valid until further notice. For charges applicable to special features, please click here.
* Additional £1 charge for transfers through Debit card

How to transfer money

Branch *

Step 1 – walk into your nearest branch

Step 2 – if you’re transferring money for the first time, or are transferring to a new beneficiary:

  • Fill out a remittance form and submit
  • Collect the acknowledgement receipt and check the time for placing the request

Step 3 – to send money to a pre-registered beneficiary, please carry your remitter ID card:

  • Provide the details of your money transfer over the counter
  • Collect the acknowledgement receipt and check the time for placing the request

Phone

  • You can transfer up to £4,999 per day to your own ICICI Bank account in India, or up to £1,500 per day to a third-party ICICI Bank account or other bank account in India
  • You can only do a phone transfer to a pre-registered beneficiary. You can register a new beneficiary online or in branch

Step 1 – call us 24/7 on 080 81 31 41 51 (freephone from UK landlines)
Step 2 – provide the details of your money transfer
Step 3 – confirm the details
Step 4 – write down the service request number and check the time you placed the request

Online

You can transfer up to £5,000 per day to an ICICI Bank Ltd account, or up to £4,999 per day to any other bank in India.

Step 1 – log into your online banking account and select 'International Money Transfer' under 'Remittance'

Step 2 – to send money to a new beneficiary:

  • Click on ‘Register a new beneficiary’ and enter the beneficiary details
  • Call us 24/7 on 080 81 31 41 51 (freephone from UK landlines) and we’ll verify the beneficiary details with you over the by phone
  • The beneficiary will be registered within 24 hours

Step 3 – to send money to a pre-registered / approved beneficiary

  • Click on ‘Transfer Money’ and enter the details of your transfer request
  • Click on ‘Confirm’ after checking the details

Other customers

Features of our money transfer service

  • Walk into any of our 11 UK branches to avail of quick and convenient money transfers.
  • Four hour money transfer to more than 2525 branches of ICICI Bank Ltd. India.
  • Transfer money in 24 hours to more than 55,000 Indian bank branches.
  • We assure to transfer your funds within our stated timescale – or we'll pay you 5 pence for every £10 transferred. For details, please see our special features.

Options and charges – transferring money

All charges waived from February 17, to March 31, 2012. Click here to know more.
  Transfer to ICICI Bank Limited (India) Transfer to other Indian banks
Transfer Mode 4 hours 24 hours 24 hours
Branch £4 Free £4

Additional £1 charge for transfers through Debit card

How to transfer money

Step 1 – walk into your nearest branch.

Step 2 – if you’re transferring money for the first time, or are transferring to a new beneficiary:

  • Fill out a remittance form and submit
  • Collect the acknowledgement receipt and check the time for placing the request

Step 3 – to send money to a pre-registered beneficiary, please carry your remitter ID card:

  • Provide the details of your money transfer over the counter
  • Collect the acknowledgement receipt and check the time for placing the request

Important information

  • If you’re transferring money for the first time or to a new beneficiary, please provide a copy of your valid proof of ID and proof of address. For transfers to a pre-registered beneficiary, you can provide your Remitter card along with proof of ID. More about valid ID and address proofs
  • For cash transfers, you may be asked to submit a proof of withdrawal in your own name. More about proof of withdrawal

Special features – transferring money

Service Assurance

Our assurance to you is that we’ll transfer your money:

  • Instantly – online money transfers
  • In 4 hours – by phone and branch money transfers to ICICI Bank India
  • In 24 hours – by phone and branch money transfers to any other bank in India

If we fail to meet this assurance, we’ll pay you 5 pence for every £10 transferred. We’ll pay a minimum of £1 and maximum of £50:

  • HomeVantage Current Account holders will receive a credit into their account
  • Non-ICICI Bank UK account holders may receive the credit either by visiting an ICICI Bank UK branch, or via a credit into their current account with another UK bank (in which case, we’ll require account details)

Standing instructions

If you need to send money to India on a regular basis, you can set up a standing instruction. A standing instruction is an order you give ICICI Bank UK PLC to transfer a set amount at regular intervals. This way, you only need to place your money transfer request once and we will do the rest for you.
You can instruct us to transfer every 7 days, every 15 days, monthly, every 2 months, quarterly or every 6 months.
HomeVantage Current Account customers can log into online banking and go to the ‘Manage Standing Instructions’ tab.

Charges - transferring money

All charges waived from February 17, to March 31, 2012. Click here to know more.

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

The above charges are applicable for transfers through the GBP HomeVantage Current Account only.
These charges will apply to each transfer made under the Standing instruction set by you.
# Though a charge of £1 has been specified, Online Transfers to other Indian banks are presently being offered free of charge. This promotional offer is valid until further notice.

Transfers through Debit card (non-ICICI Bank debit cards)

Now you don’t need to carry cash to transfer money to India. Enjoy the benefit of convenient and secure money transfers to any bank in India using your debit card.

Step 1: Walk into any of our branches and complete the money transfer request form. Don’t forget to bring your passport or driving license, even if you hold an account with us.
Step 2: Slot any non ICICI Bank chip and pin debit card at the teller counter and enter your PIN.
Step 3: Don’t forget to take the receipt of your transaction.

Future dated transfers

Forget having to worry about remembering the date of your transfer. With this feature you can send money to any account in India and instruct us in advance. Use this service if you already know all the details of your money transfer, and we will transfer your money on your chosen date.
Future dated transfers are completed at the exchange rate applicable at the time of transfer.
Simply instruct us today to send money at particular dates in the future. HomeVantage Current Account customers can log into online banking and go to the 'Transfer Money' tab.

Charges - transferring money

All charges waived from February 17, to March 31, 2012. Click here to know more.

  Transfer to ICICI Bank Limited (India) Transfer to other Indian banks
Transfer Mode Instant 24 hours
Online £1 £1#
The above charges are applicable for transfers through the GBP HomeVantage Current Account only.
These charges will apply to each transfer made under the Future dated transfers set by you.
# Though a charge of £1 has been specified, Online Transfers to other Indian banks are presently being offered free of charge. This promotional offer is valid until further notice.

Rate block feature

Get more Rupees for your Pounds. Tell us the minimum rate at which you wish to transfer money to India and we will ensure your money is sent only at that rate or at a higher rate. Just log on to internet banking, go to online money transfers and choose 'Rate Block' tab.

Charges - transferring money

All charges waived from February 17, to March 31, 2012. Click here to know more.

  Transfer to ICICI Bank Limited (India) Transfer to other Indian banks
Transfer Mode Instant 24 hours
Online £1 £1#
The above charges are applicable for transfers through the GBP HomeVantage Current Account only.
These charges will apply to each transfer made under the Rate block set by you.
# Though a charge of £1 has been specified, Online Transfers to other Indian banks are presently being offered free of charge. This promotional offer is valid until further notice.

Transfer instructions in GBP or INR

We now give you the option to choose the currency of your money transfer request - in pounds (GBP) or Indian rupees (INR). A GBP instruction will tell us the exact amount to debit from your HomeVantage Current Account and the corresponding INR to be transferred. An INR instruction will tell us the exact amount of Indian rupees to be credited to your beneficiary. It’s all up to you. Just choose the option that best suits your needs.
For instructions in INR, the amount debited from your HomeVantage Current Account will be determined by the INR-GBP rate on the date of transfer, up to five decimal places.


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We're here to help

Call us on 24/7 080 81 31 41 51 (freephone from UK landlines).

If you're outside the UK, call +44 207 942 0788.

Email: ICICI Bank UK PLC

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