How safe is Money2India?

How safe is Money2India?

The funds are transferred at the most competitive exchange rates in the market. Customers can schedule the transfers as per their convenience. All transactions made through the money2india facility are safe and secure. Customers can transfer funds to more than 100 entities in India.

What is Money2India in ICICI Bank?

Money2India is an online money transfer tracking service which enables you to send money to India.

How can I close my Icici Money2India account?

Login to www.money2india.com with your User ID and password. Go to the “My accounts” section. Click the delete icon next to your bank account.

What is the limit of Money2India?

Daily/Weekly transaction limit
USA: USD 20,000/INR 12,00,000 Canada: CAD 20,000/INR 10,50,000

What is power transfer in Money2India?

ICICI Bank’s Money2India is a popular online money transfer service offered to NRIs from 15 different countries via e-transfer, express e-transfer and local wire-based power transfer. Power transfer can be used to transfer amounts upto USD 300,000 per transaction or upto USD 500,000 per week.

How do money wires work?

From the sender’s perspective, the wire transfer process is relatively simple. You’ll simply head into your local branch, speak to a teller, and follow their instructions. Then, the recipient’s bank will deposit their own funds into the account, and the banks settle the payment, thereby completing the wire transfer.

How can I close my Icici money2india account?

Do you have to have an ICICI bank account to use money2india?

Another point that counts in Money2India’s favour is that customers don’t need to have an account with ICICI Bank in order to sign up. Money2India is widely available to NRIs living abroad, and can transfer money to pretty much any registered and authorized bank in India, as well as to business bank accounts.

Which is the best money transfer service for ICICI Bank?

ICICI Bank’s Money2India is the only service, which is able to send money from USA to ICICI Bank accounts within an hour, all days of the year. So for quick transfers to ICICI Bank accounts, Money2India is the choice you should be making to send money to India.

Is there a limit to how much money can be sent through ICICI Bank?

There is an upper limit of $20000 per day if the money is sent directly to the recipient’s bank account. The limit is higher compared to the other banks. This service is not expensive either and for amounts over $1000 the service is free.

Is there a remittance service from ICICI Bank?

ICICI Bank’s very own remittance service, Money2India offers bank transfers from the US, UK, Canada, UAE, or Singapore to India at some of the best exchange rates available on the market. However, the platform is usually far from the cheapest of all and its service can be fairly limiting for some.