Name: | money2India (ICICI Bank) |
Type: | Bank / Money Transfer Operator |
Data collected on: | May 20, 2024 |
Note: | 1. Post Brexit, new customer registrations are restricted to Germany, which means people residing only in Germany can open a new account with Money2India Europe. However, the existing customers from countries other than Germany can still continue to use Money2India Europe for their money transfers to India.
2. For Floating rate option, funds are ideally transferred to recipient account within 24 hours of receipt of funds by ICICI Bank Germany branch.
For Fixed rate option, if funds are transferred to an ICICI Bank account beneficiary, the recipient receives funds within 30 minutes (the first transaction to an ICICI bank beneficiary takes longer as beneficiary verification checks are performed). For non-ICICI Bank recipient accounts, INR amount is disbursed within 24 hours of receipt of funds by ICICI Bank Germany branch. |