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BEST FOR

Trusted global business banking

  • Dedicated Relationship Manager

  • Fast global money transfers

  • Full online banking control

  • Competitive FX conversions

VIEW RATES & CHARGES

Maximum benefits from Business Current Account

  • GLOBAL ACCESS

    You can bank smoothly in GBP, USD and EUR for everyday business needs

     

  • FASTER PAYMENTS

    You can move money within the UK on the same day for quicker settlements

  • EASY CONTROL

    You can manage and track all your business payments anytime through online and mobile banking

  • MONTHLY MAINTENANCE

    Zero monthly maintenance charges and Zero monthly balance commitment

Things you should know

  • Access Your Account

    Via Branch, Corporate Internet Banking, Mobile Banking InstaBIZ UK

  • Same Day Payments

    Make or receive payments within UK in GBP from any bank

  • CHAPS

    For amounts greater than GBP 1,00,000.00, use the CHAPS payment service to send or receive money to or from any bank in the UK. Charges for CHAPS payment to apply as per applicable rates

  • Rates and Charges

    Click here to view the Rates & Charges effective 1st April, 2026

    Click here to view the Historical Rates & Charges

  • Corporate Internet Banking platform

    On our CIB platform, we will provide you with a convenient navigation and interactive interface. In the meantime, we encourage you to download the user manual and familiarise yourself with the new platform.

     

    Corporate Internet Banking Manual
    Business FX user Manual

    Continue to Login Business Internet Banking

VIEW T&C

About the product

Current Accounts

ICICI Bank offers Business Current Accounts in GBP, EUR and USD

For GBP accounts, you additionally get a debit card and a cheque book

Use online banking services for transferring funds within and outside the UK

No cash deposits, withdrawals, direct debits, or standing orders can be made in the USD and Euro accounts.

Global payments and receipts

We can help you send and receive money abroad quickly, easily and cost-effectively via SWIFT.

Global payments

Our clients can convert funds from their current account in GBP, EUR and USD (as source currencies) to USD, EUR, GBP, HKD, INR, AUD, SGD, CAD, JPY, AED, SEK and CHF (as destination currencies) at competitive exchange rates. Users can simultaneously remit funds in destination currencies to beneficiaries worldwide via the SWIFT network.

Likewise our clients can also receive funds in GBP, EUR and USD, HKD, INR, AUD, SGD, CAD, JPY, AED, SEK, CHF and convert it at competitive exchange rates to credit their Business Current Account with us.

India payments: Enjoy a fast and convenient money transfer service to more than 7500+ branches of ICICI Bank Limited.

Domestic payments and receipts

Make payments within the UK through the following.

Same Day Payments: Make or receive payments within the UK in GBP through any bank

CHAPS: For amounts greater than GBP 1,00,000.0,0 use the CHAPS payment service to send or receive money to or from any bank in the UK. Charges for CHAPS payment to apply as per applicable rates

Cut Off Times

Please note: Payment instructions received after the cut-off time or on a non-business day will be processed on the next working day. Please find below the cut-off times from our corporate internet banking platform.

GBP Payments (Corporate Internet Banking Platform)
Faster Payment Service Anytime
CHAPS 1:00 PM BST
Currency Cut-off and execution times (Corporate Internet Banking Platform)
Currencies Cut-off time for same day remittance
JPY N.A (Next working day)
AUD N.A (Next working day)
SGD N.A (Next working day)
AED N.A (Next working day)
HKD N.A (Next working day)
USD 6:00 PM BST or 5 PM GMT as applicable
EUR 2:00 PM BST or 2:00 PM GMT as applicable
GBP 3:30 PM BST / 3:30 PM GMT as applicable
CAD 6:00 PM BST or 5 PM GMT as applicable
INR 12:30 AM BST or 11:30 AM GMT as applicable
CHF 11:30 AM BST or 10:30 AM GMT as applicable
SEK 1 PM BST or 12 PM GMT as applicable

 

Other Product Information
Withdrawal arrangement
  • No notice period required for cash withdrawals below £2000.
  • For withdrawals above £2000, one-day advance notice is required at the concerned branch.
  • Charges apply for cash withdrawals refer to Rates and charges schedule.
  • No restrictions on the number of withdrawals.
Charges Refer to the Business Banking Rates and Charges Schedule
Historical Rates and charges
Minimum balance Nil
Access Branch, Internet Banking, Mobile Application – InstaBIZ

FAQs

What is a Business Current Account?

A Business Current Account is designed for businesses engaged in domestic and international trade, enabling efficient day-to-day transactions, including payments, collections and cross-border money transfers.

What currencies can I hold and transfer?

You can hold accounts in GBP, EUR and USD. You can also send or receive payments in major global currencies, including USD, EUR, GBP, HKD, INR, AUD, SGD, CAD, JPY, AED, SEK and CHF at competitive exchange rates.

How do I send money abroad?

International transfers are processed through SWIFT.

You can:

  • Send money in major global currencies
  • Convert funds at competitive exchange rates
  • Remit directly to beneficiaries worldwide

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