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| This new feature allows you to set your ideal currency conversion rate for your online money transfer transaction. Simply input a Minimum Exchange Rate of your choice for carrying out a transfer, and the transaction will automatically be processed only when our exchange rate reaches or becomes higher than your pre-set Minimum Exchange Rate. If your pre-set exchange rate is not reached within 15 days of setting up the Rate Block, your money transfer transaction will be cancelled until you are ready to set a new rate. |
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A 'Standing Instruction' (SI) allows accountholders to schedule regular fund transfers from their
Canadian dollar accounts to designated beneficiary account(s) in India. By pre-scheduling the time and amount of a transfer, you can ensure that you would never miss an important fund transfer again! |
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| You may now give us a transfer instruction in Indian rupees (INR) to tell us the exact amount of Indian rupees to be credited to your beneficiary. Or you may give us an instruction in Canadian dollars (CAD) to tell us the exact amount to debit from your Canadian account. |
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| Forget having to worry about remembering the date of a particular transfer. Give us an online instruction in advance and we will transfer your money on your chosen date. |
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| Transfer funds instantly to accounts with ICICI Bank Ltd. India and within 2 business days to any other bank in India, through our online service. |
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| Log in to your account on our website, and |
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| STEP 1 – Add a New Receiver (A One-Time Process) |
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| Click on "Add a New Receiver" and enter the receiver's personal and bank account details. This information will be saved for future transactions. Once all details are entered, you will be prompted to call our 24/7 Customer Contact Centre, toll-free at 1-888-424-2422 to confirm the registration. |
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| STEP 2 – Send Money |
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| Once you have called and confirmed the registration, your receiver will be registered within 24 hours, after which you may send money at anytime by clicking on 'Send Money Now' to transfer money online. Please enter the required information and confirm your request. |
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Receiver's name as it appears in his/her bank account. |
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Receiver's complete address, phone number and occupation. |
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Receiver's bank details including – Bank name, branch details, account number. |
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You will be charged a fee of C$5 per Online Money Transfer transaction. |
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You can transfer up to C$6,000 within a 24 hour period. |
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| Information you will need |
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Receiver's name as it appears in his/her bank account |
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Receiver's complete address, phone number and occupation |
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Receiver's bank details including – Bank name, branch details, account number |
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| Please remember |
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You will be charged a fee of C$5 per Online Money Transfer transaction |
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You can transfer up to C$6,000 within a
24 hour period. |
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