Users' questions

How can I send money from India to Singapore?

How can I send money from India to Singapore?

How do I send money to Singapore online? Log in to internet banking, go to ‘Pay & transfer’ and then ‘Overseas Transfer’. Add bank details of your new payee, or click on ‘Start a transfer’ if you have already added your payee earlier.

How can I transfer money from Icici to international bank?

How it works

  1. Login to Internet Banking with your User ID and Password.
  2. Click on ‘An overseas account through Money2World’
  3. Add your beneficiary’s Bank Account.
  4. Specify the amount to initiate transfer.
  5. Fund the transfer from your Bank Account.

How much does Icici charges for international transfer?

ICICI charges and fees for receiving money internationally

Currency Charge/ fees
Upto USD 1000 USD 4
Above USD 1000
Upto 45,000 INR from UK 0.65%
45,000 – 90,000 INR from UK 0.60%

How can I transfer money from India to foreign account?

4 easy steps to Send Money Abroad

  1. Choose your desired currency & amount. Select currency and denomination you need to carry along.
  2. Enter transaction details. Enter remittance purpose with remitter and beneficiary details.
  3. Make payment online.
  4. KYC and fulfilment of Remittance.

How much INR can I carry to Singapore?

INR 25,000
Indian residents traveling to Singapore can carry up to INR 25,000 in Indian currency notes. On foreign currency, including Singapore Dollars, there is no cash limit, provided it has been obtained from authorized money exchange, and the traveler has receipt of the transaction.

How can I transfer money from India to Singapore SBI?

State Bank of India

  1. In the Internet banking platform a separate tab (link / URL) is available under “Payments & Transfer” menu (Fund Transfer Section).
  2. Go to “International Beneficiary” link to initiate on-line foreign outward remittance request. …

How much money can an Indian citizen transfer abroad?

If your kids studying or working abroad need money, how much can you transfer them at one go? Under the Foreign Exchange Management Act (FEMA) provisions, an Indian citizen can remit up to $250,000 (around ₹1.86 crore at present) in a financial year for specified transactions.

How can I transfer money abroad without fees?

To transfer money overseas without paying hefty fees:

  1. Create an account with OFX to get a live quote on the exchange rate.
  2. Enter your bank details and those of your recipient.
  3. Lock in your single transfer, or set up recurring transfers.
  4. Send OFX your funds and track your money every step of the way.

Is Indian rupee accepted in Singapore?

You can change INR to SGD at Mustafa exchange. There’s no problem at Singapore, however, note that Indian government does not permit export of Indian Rupee currency. Indian residents are allowed to carry maximum of Rs 7500 (meant to be used for expenses/ domestic travel upon return to India from the tour abroad).

Is Singapore costly than India?

Singapore is 6.6 times more expensive than India.

What are the charges for international bank transfer?

Up to ₹1,00,000: 1% of the gross amount of currency exchanged for an amount of ₹1,00,000, subject to minimum of ₹250/- From ₹1,00,001 to ₹10,00,000: ₹1000 plus 0.5% of the gross amount of currency exchanged for an amount of rupees exceeding ₹1,00,000 and up to 10,00,000.

Can you transfer money to any ICICI bank account in India?

The facility that enables you to transfer funds to other ICICI Bank accounts across India is available 24×7. You can transfer funds instantly to any account of ICICI Bank. The minimum amount you can transfer through this facility is ₹1.

How to send money from Singapore to India?

Following are the steps to fund your transfer using local bank account: Log on to the Internet banking application of your bank in Singapore. Select the option that allows you to pay/transfer funds to another bank account via FAST Clearing. In the module, select your bank account no. and enter the mandatory transfer details.

Where can I transfer money from Canada to India?

You can transfer funds to India by purchasing an Indian Rupee draft at any one of ICICI Bank Canada’s branches. An Indian Rupee draft is a draft drawn in Indian Rupees and payable at any one of ICICI Bank Limited’s 241 locations in India Click here for a complete list of locations.

How is Immediate Payment Service ( IMPS ) from ICICI Bank?

Immediate Payment Service is an interbank electronic instant mobile money transfer service. IMPS from ICICI Bank helps you access your Bank Account and transfer funds instantly. The beneficiary account is credited immediately when a Fund Transfer request is made through Funds Transfer using IMPS (24*7) option .