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savings accounts

RAKMoneyTransfer to India

Send money in just a minute

Key Features

Fast. Easy. Reliable.

Now sending money instantly to India is at your fingertips. Accounts are credited in just 60 seconds with RAKMoneyTransfer.

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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