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2 mins Read | 1 Month Ago

Here’s how you can simplify your USA to India Remittances with ICICI Bank Money2India

Dealing with fluctuating exchange rates, hidden fees and delays in transfer timings can be a common occurrence if you’re living abroad and need to transfer money to India regularly. This can make the money transfer process frustrating and complicated.

However, it can be simple, quick and even save you money if you use the right money transfer service, like ICICI Bank’s Money2India. It offers a convenient and effective solution to help you with remittance from USA to India with ease.

Here are some tips on how to simplify your USA to India money remittances with ICICI Bank Money2India:

Register for an account

To get started with ICICI Bank Money2India, you will need to register for an account. The registration process is simple and can be completed online in just a few minutes. This can be done via the app or the website. Once you have registered, you can start transferring money to India.

Enter the amount you want to transfer

When you login to Money2India, you can immediately enter the amount you wish to transfer and view the corresponding amount received by the beneficiary. You can also adjust the sending amount or receiving amount as per your requirement.

Check the exchange rate

Exchange rates fluctuate with time, so it's important to check the rate before you transfer money. ICICI Bank Money2India offers competitive exchange rates and you can view the current rate on their website. Money2India offers slab-wise exchange rates wherein you get a higher exchange rate when you send higher amounts.

Check the fees

ICICI Bank Money2India charges a service fee of USD 4 for their services. However, if your transfer is more than USD 1,000 in a single transaction, the service fee is waived off. It's important to check the fees before you transfer money, so that you can budget accordingly.

Enter the funding account details

Once you have entered the transfer amount and checked the fees, you will need to enter the funding account details. This includes bank account details from which you source the funds for transfer.

Enter the recipient's details

Once you have entered the funding account details, you will need to enter the recipient's details. This includes their name, address and bank account information. Make sure you double-check the details to ensure that the money is transferred to the correct account.

ICICI Bank Money2India offers simple and convenient solutions for your money transfer needs.

When you use ICICI Bank Money2India, you get access to multiple benefits including instant and high value transfers, round-the-clock customer support, low transfer fees, great exchange rates, any bank to any bank transfers and more.

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