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Money Transfers from ICICI Bank Canada Branches

 

Send funds safely from ICICI Bank Canada branches using Money Transfers to India. Benefit from instant* transfers, electronic payments, INR drafts and expert branch support.You can initiate instant* online money transfers to any ICICI Bank account holder in India or to any IMPS1, NEFT2 and, RTGS3 enabled banks/branches across India.

 

There’s more: Enjoy our competitive exchange rates, low service charges and personalized service in our branches. Visit any of our branches in Canada and transfer money to any bank account in India.

 

 

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Things you should know

  • Instant Transfer

    You can initiate instant* online money transfers to any ICICI Bank account holder in India or to any IMPS1, NEFT2 and RTGS3 enabled banks/branches across India.

  • Beneficiary Details

    Receiver’s full name as it appears on their bank account

    Receiver’s complete address, phone number, and occupation

    Receiver’s bank details including – Bank name, branch details, account number

  • No Indian Cash Exchange

    ICICI Bank Canada does not provide cash exchange for Indian Rupees

FAQs

Who can transfer money to India through branches?

Both ICICI Bank Canada account holders and non-account holders can transfer money to India by visiting a branch.

Which banks in India can receive the money?

Money can be sent to ICICI Bank accounts in India and to other banks that support IMPS, NEFT or RTGS transfers.

How long does a money transfer to India take?

Transfers are instant if the recipient’s bank supports IMPS. If not, the transfer is processed through NEFT or RTGS and may take up to 48 business hours.

What are the available modes of money transfer at branches?

You can send money electronically to an Indian bank account or choose an Indian Rupee Demand Draft issued in India or Canada.

Can I exchange Indian currency in cash at the branch?

ICICI Bank Canada branches do not exchange Indian currency in cash.

 

Money transfers to recipient bank accounts that are not held with ICICI Bank Limited in India will only be credited instantaneously if such recipient’s bank accounts are enabled for immediate payment services (IMPS). If they are not registered for IMPS, money transfers will be processed via National Electronic Funds Transfer (NEFT) or Real Time Gross Settlement (RTGS). NEFT/RTGS transfers may take up to 48 business hours to process. All money transfers to India are subject to limits and restrictions imposed by IMPS and NEFT/RTGS, as applicable.

 

1Immediate Payment Service (“IMPS”): Click Here for the list of IMPS-enabled banks.

 

2National Electronic Funds Transfer ("NEFT"): Refer to Click Here, for list of NEFT enabled Bank branches.

 

3Real Time Gross Settlement ("RTGS"): Refer to Click Here, for list of RTGS enabled bank branches.