Our online Money Transfers have always been easy and convenient to use. 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. Take advantage of our pre-confirmed, competitive exchange rates and low service charges, all with a few taps on your phone. You will be able to transfer money to the beneficiaries you have already registered through our Online Banking portal or ICICI Bank Canada iMobile app. New beneficiaries can also be added using these channels.
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.
Money Transfers are subject to regulatory verification processes. In the event of any delays in the processing of Money Transfers on account of such verifications, ICICI Bank Canada will not be liable or responsible in any manner for the consequences of such a delay, including, without limitation, for losses or damages caused by such a delay.
