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BEST FOR

Easy Forex & Secure Global Payments

  • 50+ Global Currencies

  • Multi-Channel Convenience

  • Competitive Forex Rates

  • Live Rates & Quick Deals

FX Settlement options offered by ICICI Bank

  • Same-day settlement (T)

    CASH transaction is for value date TODAY (T), when transaction-settlement to be on the same day

  • Settlement on T+1

    TOM transaction is for value date T+1 business day, perfect for next-business-day fund transfers

  • Standard FX settlement at T+2

    SPOT transaction is for value date being T+2 business days. It's noted as the most used settlement cycle

  • Lock in future exchange rates

    Lock in future rates dates beyond T+2 business days. It helps to manage future currency exposures and hedge against market volatility

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