Dealing with fluctuating exchange rates, hidden fees, and delays in transfer times can be a common occurrence if you are living abroad and need to transfer money to India regularly. This can make the money transfer process frustrating and complicated.
However, it doesn’t have to be that way. Rather, it can get really simple, quick, and even save you money if you use the right money transfer service, like ICICI Bank 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 one 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 the beneficiary will be receiving. You can adjust sending amount or receiving amount as per your need.
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 higher exchange rate when you send higher amounts.
Check the fees
ICICI Bank Money2India charges a service charge of $4 for their services. However, If your transfer more than $1,000 in a single transaction, the service charge is waived off for the transaction. 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.