{"id":10446,"date":"2026-02-11T10:17:26","date_gmt":"2026-02-11T10:17:26","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/?post_type=banking&p=10446"},"modified":"2026-02-11T10:17:27","modified_gmt":"2026-02-11T10:17:27","slug":"icici-inward-remittance-2026-charges-exchange-rate-how-to-receive-money-from-abroad","status":"publish","type":"banking","link":"https:\/\/lemonn.co.in\/blog\/banking\/icici-inward-remittance-2026-charges-exchange-rate-how-to-receive-money-from-abroad\/","title":{"rendered":"ICICI Inward Remittance 2026: Charges, Exchange Rate & How to Receive Money from Abroad"},"content":{"rendered":"\n

Meta Description:<\/strong>
Receiving money from abroad in ICICI Bank? Check ICICI inward remittance charges, exchange rate (TT buying rate), SWIFT code details, and step-by-step process in 2026.<\/p>\n\n\n\n

Expecting money from abroad in your ICICI Bank account? Whether it\u2019s salary, freelance payment, family support, or business income, understanding ICICI inward remittance<\/strong> helps you know how much \u20b9 you\u2019ll receive and how long it takes.<\/p>\n\n\n\n

Here\u2019s a complete 2026 guide in simple terms.<\/p>\n\n\n\n

Quick Summary: ICICI Inward Remittance<\/h2>\n\n\n\n
Detail<\/th>Information<\/th><\/tr><\/thead>
Type<\/td>Foreign Inward Remittance<\/td><\/tr>
Network<\/td>SWIFT Transfer<\/td><\/tr>
Processing Time<\/td>Typically same day or 1\u20132 working days<\/td><\/tr>
Exchange Rate Used<\/td>TT Buying Rate<\/td><\/tr>
Charges<\/td>May apply<\/td><\/tr>
Tracking<\/td>SWIFT UTR number<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Final credited amount = Converted INR amount \u2013 Applicable charges (if any)<\/p>\n\n\n\n

What is ICICI Inward Remittance?<\/h1>\n\n\n\n

An inward remittance<\/strong> is money sent from a foreign country to your ICICI Bank account in India.<\/p>\n\n\n\n

Common purposes:<\/p>\n\n\n\n

    \n
  • Overseas salary<\/li>\n\n\n\n
  • Freelance payments<\/li>\n\n\n\n
  • Export payments<\/li>\n\n\n\n
  • Family transfers<\/li>\n\n\n\n
  • Education-related transfers<\/li>\n<\/ul>\n\n\n\n

    Funds are usually sent via SWIFT transfer<\/strong> from the sender\u2019s bank.<\/p>\n\n\n\n

    ICICI Inward Remittance Exchange Rate (2026)<\/h1>\n\n\n\n

    ICICI Bank converts foreign currency into INR using the:<\/p>\n\n\n\n

    TT Buying Rate (Telegraphic Transfer Buying Rate)<\/h2>\n\n\n\n

    Important Points:<\/h3>\n\n\n\n
      \n
    • Rates change daily based on forex market movement<\/li>\n\n\n\n
    • The bank adds a small margin over interbank rate<\/li>\n\n\n\n
    • Final rate depends on time of processing<\/li>\n\n\n\n
    • Business and retail accounts may have slight differences<\/li>\n<\/ul>\n\n\n\n

      You can check the latest forex rate through:<\/p>\n\n\n\n

        \n
      • ICICI NetBanking<\/li>\n\n\n\n
      • ICICI Mobile Banking App<\/li>\n\n\n\n
      • Contacting ICICI customer care<\/li>\n<\/ul>\n\n\n\n

        Rates are dynamic and may vary.<\/p>\n\n\n\n

        ICICI Inward Remittance Charges<\/h1>\n\n\n\n

        Charges may vary depending on:<\/p>\n\n\n\n

          \n
        • Account type<\/li>\n\n\n\n
        • Amount received<\/li>\n\n\n\n
        • Sender bank arrangement<\/li>\n<\/ul>\n\n\n\n

          Typical Components:<\/h3>\n\n\n\n
            \n
          • Inward remittance processing fee<\/li>\n\n\n\n
          • GST (18%) on applicable charges<\/li>\n\n\n\n
          • Correspondent bank charges (if deducted abroad)<\/li>\n<\/ul>\n\n\n\n

            Some premium or salary accounts may offer reduced charges.<\/p>\n\n\n\n

            Always check the schedule of charges applicable to your account.<\/p>\n\n\n\n

            Documents Required for Inward Remittance<\/h1>\n\n\n\n

            For regular small transfers, usually no extra documents are required.<\/p>\n\n\n\n

            For larger amounts or business payments, bank may request:<\/p>\n\n\n\n

              \n
            • Purpose code (as per RBI guidelines)<\/li>\n\n\n\n
            • FEMA declaration<\/li>\n\n\n\n
            • Invoice (for export payments)<\/li>\n\n\n\n
            • Supporting documents<\/li>\n<\/ul>\n\n\n\n

              Requirements may vary based on compliance rules.<\/p>\n\n\n\n

              How to Receive Inward Remittance in ICICI Bank (Step-by-Step)<\/h1>\n\n\n\n

              Step 1: Share Correct Bank Details with Sender<\/h2>\n\n\n\n

              Provide:<\/p>\n\n\n\n

                \n
              • Your full name (as per bank record)<\/li>\n\n\n\n
              • ICICI Bank account number<\/li>\n\n\n\n
              • Branch name<\/li>\n\n\n\n
              • ICICI SWIFT code<\/li>\n\n\n\n
              • IFSC code (if required)<\/li>\n<\/ul>\n\n\n\n

                Incorrect details may delay credit.<\/p>\n\n\n\n

                Step 2: Sender Initiates SWIFT Transfer<\/h2>\n\n\n\n

                The sender\u2019s bank sends funds through SWIFT network.<\/p>\n\n\n\n

                Step 3: Currency Conversion<\/h2>\n\n\n\n

                ICICI converts the foreign currency to INR at the prevailing TT Buying Rate.<\/p>\n\n\n\n

                Step 4: Credit to Account<\/h2>\n\n\n\n

                Funds are usually credited:<\/p>\n\n\n\n

                  \n
                • Same day (if received early)<\/li>\n\n\n\n
                • Within 1\u20132 working days<\/li>\n<\/ul>\n\n\n\n

                  You will receive SMS or app notification.<\/p>\n\n\n\n

                  How to Track ICICI Inward Remittance<\/h1>\n\n\n\n

                  If amount is delayed:<\/p>\n\n\n\n

                  Ask Sender for:<\/h3>\n\n\n\n
                    \n
                  • SWIFT UTR number<\/li>\n\n\n\n
                  • Transfer date<\/li>\n\n\n\n
                  • Amount sent<\/li>\n\n\n\n
                  • Sending bank details<\/li>\n<\/ul>\n\n\n\n

                    Then:<\/p>\n\n\n\n

                      \n
                    • Contact ICICI customer care<\/li>\n\n\n\n
                    • Raise service request via NetBanking<\/li>\n\n\n\n
                    • Visit branch if required<\/li>\n<\/ul>\n\n\n\n

                      Common Issues & Solutions<\/h1>\n\n\n\n

                      1. Amount Credited is Lower<\/h3>\n\n\n\n
                        \n
                      • Exchange rate fluctuation<\/li>\n\n\n\n
                      • Bank charges<\/li>\n\n\n\n
                      • Correspondent bank deduction<\/li>\n<\/ul>\n\n\n\n

                        2. Remittance Not Received<\/h3>\n\n\n\n
                          \n
                        • Incorrect account details<\/li>\n\n\n\n
                        • Compliance check pending<\/li>\n\n\n\n
                        • Intermediary bank delay<\/li>\n<\/ul>\n\n\n\n

                          3. Bank Asking for Purpose Code<\/h3>\n\n\n\n
                            \n
                          • Provide correct RBI purpose code<\/li>\n\n\n\n
                          • Submit declaration if required<\/li>\n<\/ul>\n\n\n\n

                            Security Tips<\/h1>\n\n\n\n
                              \n
                            • Share bank details only with trusted sender<\/li>\n\n\n\n
                            • Never share OTP<\/li>\n\n\n\n
                            • Verify expected currency and amount<\/li>\n\n\n\n
                            • Use official ICICI channels for support<\/li>\n\n\n\n
                            • Keep KYC updated<\/li>\n<\/ul>\n\n\n\n

                              FAQs: ICICI Inward Remittance<\/h1>\n\n\n
                              \n
                              \n
                              \n

                              1. What exchange rate does ICICI use for inward remittance?<\/h3>\n
                              \n\n

                              A. ICICI uses the TT Buying Rate applicable at the time of processing.<\/p>\n\n<\/div>\n<\/div>\n

                              \n

                              2. How long does ICICI take to credit inward remittance?<\/h3>\n
                              \n\n

                              A. Typically same day or 1\u20132 working days.<\/p>\n\n<\/div>\n<\/div>\n

                              \n

                              3. Does ICICI charge for inward remittance?<\/h3>\n
                              \n\n

                              A. Yes, charges may apply depending on account type.<\/p>\n\n<\/div>\n<\/div>\n

                              \n

                              4. What is ICICI SWIFT code?<\/h3>\n
                              \n\n

                              A. The SWIFT code depends on your branch. Confirm from official ICICI sources.<\/p>\n\n<\/div>\n<\/div>\n

                              \n

                              5. Can inward remittance be received 24×7?<\/h3>\n
                              \n\n

                              A. Transfer can be initiated anytime, but credit depends on processing and banking hours.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n

                              Conclusion<\/h1>\n\n\n\n

                              Receiving ICICI inward remittance in 2026<\/strong> is straightforward if you share correct bank details and understand the applicable exchange rate and charges.<\/p>\n\n\n\n

                              Before expecting a large transfer:<\/p>\n\n\n\n

                                \n
                              • Check the latest TT Buying Rate<\/li>\n\n\n\n
                              • Confirm inward remittance charges<\/li>\n\n\n\n
                              • Keep compliance documents ready (if needed)<\/li>\n\n\n\n
                              • Track using SWIFT UTR<\/li>\n<\/ul>\n\n\n\n

                                For exact rates and fees, always check in your ICICI banking app or contact your branch, as charges and policies may vary.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-10446","banking","type-banking","status-publish","hentry"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/banking\/10446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/banking"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/banking"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=10446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}