Now sending money instantly to India is at your fingertips. Accounts are
credited in just 60 seconds with RAKMoneyTransfer.
payments
Instant credit to ICICI
Bank
Find out more
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Service available 24x7x365
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Competitive rates
and fees
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RAKMoneyTransfer rates (Service Charges)
Service Charges**
Transfer Amount
0 - 500
500.01
1000.01 & Above
Service Charge
5
10
15
Disclaimer:
In line with the UAE’s Value Added Tax (VAT) implementation from 1st January
2018, VAT at the rate of 5% will be levied on RAKBANK’s fees and charges
specified herein, wherever applicable and as per UAE law.
Processing Timings: (UAE Time)
Instant transfer to ICICI Bank 24x7x365
Transfer to other bank accounts (6:30am to 5:15pm)
ICICI joint accounts will be credited within couple of hours on working days
between 7:45am and 5:30pm
In case of system issues with the beneficiary bank (instant credit feature),
the transactions may be credited within few hours on working days between
7:45am and 5:30pm*
Transfers received after the above timings will be credited the next working
days
*Monday to Friday & alternate Saturdays: 1st, 3rd & 5th
Important Information
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Conditions apply
This service / offer is available for business
customers through RAKBANK Digital Banking using your
mobile, PC and tablet
Business customers can remit only to individual
accounts in India
Any transfer under this offer will be subject to
RAKBANK’s Terms and Conditions governing Electronic
Funds Transfer
INR rates are subject to change and the customer is
advised to check the applicable INR rate before
initiating the Electronic Funds Transfer
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