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Please refer to the terms and conditions applicable to Money Transfers and Direct Banking, which may be accessed by you at any ICICI Bank Canada (“Bank”) branch, icicibank.ca, or through our Customer Contact Centre. |
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A New customer is someone who: (i) has not made a money transfer through the Bank since April 1, 2019 from their existing personal chequing or a savings account; or (ii) opens their first personal chequing or savings account with the Bank. |
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The 50 paise bonus rate and No Fees on money transfers (the “Offer”) applies to CAD-INR personal money transfers made to beneficiaries in India through the Bank’s direct banking channels including the Bank’s website icicibank.ca, Bank’s iMobile app, Customer Contact Centre or through any of the Bank branches. |
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The offer applies to personal money transfers made between May 1, 2021 and March 31, 2022, which do not exceed C$100,000. |
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Through the Bank’s website icicibank.ca or its iMobile app, you can transfer up to C$9,000 within a calendar day (EST). There is no dollar limit for money transfers made through the Bank’s branch or call centre. |
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Money transfers can only be sent to registered recipients. |
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Money transfers to recipient bank accounts that are not held with ICICI Bank Limited in India, will only be credited instantaneously if such recipient bank accounts are registered for immediate payment services (IMPS). If they are not registered for IMPS, money transfers will be processed via National Electronic Funds Transfer (NEFT). NEFT transfers may take up to 48 business hours to process. |
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All money transfers to India are subject to limits and restrictions imposed by IMPS, NEFT and other applicable laws and regulations. |
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The Bank reserves the right to refuse to honor the Offer upon the occurrence or suspicion of fraud, error or dispute at its sole discretion. |
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The Bank reserves the right to discontinue the Offer at any time without assigning any reason or providing any notice. |
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The ICICI Bank name and logo are trademarks of ICICI Bank Limited and are used under license. |
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