To deposit foreign currency cash / traveller's cheques to an NRE / FCNR (B) account, the NRI needs to visit the branch and submit a copy of his/her passport and immigration details (original passport to be carried in person).
Funds received through EFT credit with specific mention of NRE funds transfer.
A letter from any bank or recognized mutual fund house stating that the funds were invested from the source of NRE funds.
A letter from the registrar/bank for receipt of refund of amount from an application for shares if the amount of subscription was paid from the NRE account.
An IPO refund order accompanied by a letter/advice from the registrar stating that the investment was from a repatriable source.
Cheques / pay orders / demand drafts with specific evidence/certificate/advice that the funds are from foreign source or repatriable in nature:Ĭheque issued from another NRE account (with suitable crossing or account number and account type printed on the cheque)Ĭlosure proceeds of FCNR deposits (The issuing banks should advise that the funds are repatriable in nature)įoreign inward remittances (The issuing banks should advise that the funds are repatriable in nature)Ĭlosure proceeds of OBU deposits (The issuing banks should advise that the funds are repatriable in nature).
Foreign currency demand drafts representing funds from overseas/FCNR/NRE sources.
The documents/instruments that can be accepted as source of proof for credit to NRE accounts are:
On a given day the total of all the funds transfers in the above categories cannot exceed the cumulative of 5,00,000 per day.
Transfers to third party ICICI Bank accounts is 5,00,000 per day.
The per day limit will be 5,00,000 for each applicable transaction mentioned above.
Limits for per day transfers for NRI Customer:
Transfer to accounts other than ICICI Bank (RBI NEFT).
Transfer to Third Party accounts within ICICI Bank.
To refer to the updated list of our branches please, Click hereįor any clarification or more information, please call us on our 24-hour Customer Care or write to us through "Email us" option, at our website Internet Banking transactions for NRI customers cover the following transactions: You can also visit any ICICI Bank branch in India and submit a letter duly signed for Funds transfer. Box in your respective countries and save on courier charges. If you are an NRI in USA, UK, Canada, Australia, Singapore and UAE, you can simply post your documents to the local P.O. Land Mark:Next to Chandivali Studio, Opp MHADA You can also send a letter with complete funds transfer details, duly signed to our India address:
You will now be allowed to transfer funds to the particular Payee for the specific serviceĪlternatively ,you can also confirm your registered payee by calling our 24-hour Customer Care.