ICICI international wire transfer: Fees, limits, and rates

Alexis Konovodoff

You can use ICICI Bank® to send an international wire transfer across the world, including online and in-person payments.

Let’s take a look at how to send an ICICI Bank international money transfer, including fees, exchange rate charges, and speed.

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Table of contents

Can I make an international wire transfer with ICICI?

You can send an international ICICI wire transfer in over 20 currencies, including USD, EUR, GBP, and CAD. The bank offers a fast and convenient service, with the option to send your transfer in person or online.¹

You can send your wire transfer directly or use ICICI’s global transfer service, Money2World®. This platform is available 24/7 for ICICI account holders.²

You can also use Money2India® to send money from the US to India, including fast, low-cost transfers that will reach your recipient within 4 hours.³

ICICI international wire transfer fee

Let’s take a look at how much it costs to send an international wire transfer to the US in USD with ICICI Bank.¹

Transfer methodCharge for resident customersCharge for non-resident Indian customers
Wire transfer via ICICI Bank online banking1000 Indian rupees (INR)500 INR
Wire transfer via an ICICI Bank branch1500 INRN/A

ICICI’s international wire transfer fee may depend on which country and currency you want to send.

These costs don’t include additional fees charged by any intermediary banks your transaction may pass through. Your recipient’s correspondent bank may also charge a fee to receive your wire.¹

If you’re using ICICI’s Money2India service to send money from the US to India, you’ll pay a nominal fee of 4 USD to send less than 1000 USD.³

ICICI exchange rates

You’ll need to look into how much it costs to exchange currencies for your international wire transfer.

Look out for the mid-market exchange rate. This is the only fair rate out there – but many providers will add a markup to make money from your transaction.

Often, the intermediary bank used to make your wire transfer will convert your money into the correct currency for your recipient – and this conversion isn’t typically done at the mid-market rate.

ICICI Bank displays its exchange rates online, but this is indicative only. The rate can fluctuate depending on when you send your wire transfer, meaning you won’t know exactly how much your wire will cost until you come to send it.⁴

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How do you make an ICICI international wire transfer?

There are a few different ways to wire money with ICICI Bank, including online and in-person payment methods. Let’s take a closer look.

Send an ICICI wire transfer online

If you’re a non-resident Indian with an ICICI Bank account, simply follow these steps:

Step 1. Log into ICICI Bank’s online banking portal

Step 2. Click “Payments and Transfer” and select “Funds Transfer”

Step 3. Select “An overseas account from NRE/FCNR account”

Step 4. Add your recipient’s account details and enter the transfer amount

Step 5. Follow the on-screen prompts to initiate your transfer⁵

If you’re a resident Indian with an ICICI account, you can also make your international wire transfer online. Let’s take a look.

Step 1. Log into online banking and click “An overseas account through Money2World”

Step 2. Add your recipient’s bank details and enter the amount you want to send

Step 3. Fund the transfer from your bank account and follow the on-screen prompts to initiate your payment

If you don’t have an ICICI Bank account but you’re a resident Indian, you can wire money online via Money2World.

You’ll need to register with the service, add your bank details, and enter your recipient’s information to initiate your transfer.⁵

Send an ICICI wire transfer in person

You can also make an ICICI wire transfer at your local branch. Simply speak to a teller to complete your international transfer.

You may also need to provide a few documents, such as proof of identity or address.⁵

What information do I need to make an international wire transfer?

You’ll need a few key pieces of information to send your international wire transfer, such as:

  • your name and address
  • your bank name and address
  • your bank details, like your account number and routing number
  • your contact details
  • the purpose of your payment⁶

Here are ICICI Bank’s transfer details, including the bank’s SWIFT code for international wire transfers.

InformationDetails
Bank nameJP Morgan Chase, New York
ICICI Bank SWIFT code/BICCHASUS33XXX
Bank clearing codeFED ABA 021000021
Account number400808595 USD
Beneficiary bankICICI Bank Ltd., Mumbai, India⁶

How long does an international wire transfer with ICICI take?

Your international wire transfer should arrive with your recipient within 1 to 3 working days, but the time it takes to send your wire can depend on which currency you choose.

If you use ICICI Bank’s Money2India service, your transfer should only take 4 hours. You can track your international wire transfer at any time via ICICI Bank’s online banking portal.⁷

What is the wire transfer limit for ICICI?

Non-resident Indian ICICI account holders can typically send up to 1 million USD per financial year

If you’re using Money2India to send money from the US, new customers can send 5000 USD a day via express transfer or e-transfer.³

ICICI contact information

If you want to get in touch with ICICI for more information, here are the details you’ll need for ICICI Bank’s New York branch:

  • Phone: 1-646-827-8450
  • Email: usaccountmanager@icicibank.com
  • Address: ICICI Bank Limited, New York Branch, 575 Fifth Ave, 26th Floor, New York, NY 10017 USA

For Money2India or ICICI’s India branch, you’ll need to use the following contact information:

  • Phone: 1-866-ICICI-4U / 1-866-424-2448
  • Email: nri@icicibank.com

You can also get in touch with the California or Texas branch for support with your transaction.⁸

ICICI Bank international wire transfer FAQs


How do you transfer money to an international bank account from ICICI?

It’s easy to send money to an international bank account from ICICI Bank. You can use ICICI’s online banking portal or send your payment through Money2World.

You can also visit a branch, including options for foreign nationals or resident Indians.

How much does ICICI charge for international wire transfers?

ICICI charges a flat fee for international wire transfers. For example, it costs 1000 INR to send a global transfer via online banking to the US in USD.

Can I do a wire transfer online with ICICI Bank?

Yes, you can send a wire transfer online with ICICI Bank. Send a direct wire via ICICI’s online banking portal or use ICICI Bank’s Money2World service.

How do I do an ICICI Bank wire transfer from the USA to India?

You can send a wire transfer to ICICI Bank from the US. Use the Money2India service to initiate your transfer or send a direct payment.

Make sure to use ICICI Bank’s wire transfer details to complete your transfer, including the bank’s unique Swift code and US account number.


ICICI Bank international money transfer is an easy, fast way to wire money abroad, including payments in multiple currencies.

However, you’ll pay a flat fee for your transfer – and you’ll need to look into any exchange rate charges for your payment.

To start sending low-fee international transfers across the world, check out Wise.

Sources

  1. ICICI Bank - Wire transfer
  2. ICICI Bank - Money2World
  3. ICICI Bank - Money transfer FAQs
  4. ICICI Bank - Indicative rates for remittances to India
  5. ICICI Bank - Outward remittance
  6. ICICI Bank - Wire transfer to India
  7. ICICI Bank - How to track international wire transfers for NRI banking
  8. ICICI Bank - Contact us

Sources checked 10.11.2024


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This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.

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