{"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":[],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"web-stories-poster-portrait":false,"web-stories-publisher-logo":false,"web-stories-thumbnail":false},"uagb_author_info":{"display_name":"Sanjit Chakrabortty","author_link":"https:\/\/lemonn.co.in\/blog\/author\/"},"uagb_comment_info":0,"uagb_excerpt":"Meta Description: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. Expecting money from abroad in your ICICI Bank account? Whether it\u2019s salary, freelance payment, family support, or business income, understanding ICICI inward remittance helps you know how much \u20b9…","_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}]}}