Foreign Currency Demand Draft
ICICI Bank offers foreign currency demand drafts to be drawn in favour of the beneficiary. You can send the foreign currency demand draft to the beneficiary who will receive the funds upon banking the draft into his/her account abroad.
Benefits
Low Cost :- You can get a Foreign Currency Demand Draft for a fee of ₹ 500/- plus applicable service tax.
Remittance limit :- The draft can be drawn up to any amount subject to limits prescribed by FEMA.
For purpose wise limits click here.
Exchange Rate :- ICICI Bank offers attractive exchange rates for your transactions.
Currency
ICICI Bank offers the Foreign Currency Demand Draft in the following currencies: USD, GBP, SGD, EURO, CAD, AUD.