Transfers to a bank other than ICICI Bank Ltd. (India) FAQs
What is a transfer to a bank other than ICICI Bank Ltd. India?
Through us you can transfer money to any bank in India (Non – ICICI Bank). We do this through a service that the Reserve Bank of India offers to the networked branches of all banks in India. The service covers more than 90 key banks in India. Transfer requests received before 3:00 p.m. in branch or Customer Service Centre will be processed on the same working day. Any transfer requests received after 3:00 p.m. will be processed on the next working day at the exchange rate applicable at the time of submitting the request.
What does this service cost?
The charges varies basis the channel and mode of transfer you choose from available option. Please click here for complete details on charges.
Is there a maximum limit on the amount of money I can transfer through this service?
There is no maximum limit on transfers placed through our branches. The maximum limit for transfers placed through our Customer Service Centre is £1500. The maximum limit for transfers placed online is £25,000 per day in total (including charges) to any bank account in India (i.e. accounts with ICICI Bank Limited or any other bank that uses the Indian electronic clearing system).
Which beneficiary details do I need to provide?
It’s very important that you give us the correct beneficiary details so that we can process the credits into the right beneficiary’s account.
Bank name – the bank where your beneficiary holds an account
Beneficiary name – as it appears in their bank's records
Bank branch – the branch where the beneficiary’s account is held
Account number – the number for beneficiary’s account held at the branch you are transferring to
Account type – the type of account you are transferring to, i.e. a savings account, an NRE account etc.