ICICI Bank :: NRI:: Money Transfer :: UK :: Account Debit (NetExpress)

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NRI Home >> Money Transfers>> UK >> NetExpress (Direct Debit)

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NetExpress (Direct Debit)

Money Transfer at the Click of a button !
NetExpress (Direct Debit) is a completely online money transfer service to India. With NetExpress (Direct Debit), you can send money from the comfort of your home or office using your local internet banking account.

A simple one time registration process gives you access to benefits like:

Easy Money Transfers
   - Electronic transfers into any ICICI Bank account with over 1300 branches in India
   - Electronic transfers into accounts with over 100 other banks in India.
   - Electronic transfers into any Visa Debit/ Credit Card** account in India
   - Demand Drafts issued and payable at over 2500 locations in India
   - Ready Cash payout from any of the select ICICI Bank branches in India

Competitive exchange rates

Easy tracking of status online, including updates by e-mail

Zero paperwork

Charges
GBP 2 (inclusive of service tax @12.36%)for amounts of GBP 500 or below (equivalent in other currencies). No GBP charge for larger amounts.

Foreign currency conversion charge of INR 25 (inclusive of service tax) will be levied on every remittance request where foreign currency conversion is carried out on or after May 16th 2008. This charge would be deducted from the amount to be paid to the beneficiary. For FCNR deposit requests involving currency conversion, there will be a nominal charge of USD 1 (or equivalent of the deposit currency) for FCNR deposits, deducted from the FCNR deposit amount.