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What are the charges for Power Transfer (Web Based Wire Transfer)?

April 26, 2017based Charges power transfer web wire

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What are the charges for Power Transfer (Web Based Wire Transfer)?

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Nominal charges levied as below: Remittance Service charge: A nominal charge of USD 2 (inclusive of service tax @10.3%) for amounts of USD 1000 or below for electronic credits into bank accounts (over 100 key banks in India), for credit to VISA cards and for issuing Demand drafts to over 2500 locations. No Remittance service charge applicable for higher amounts. Ready cash payouts at select ICICI Bank branches in India for a charge of USD 5 (inclusive of service tax @10.3%) Please note that your local bank may charge you for the wire transfer. Foreign currency conversion charge: A nominal charge of INR 25 (inclusive of service tax)will be levied on every remittance request where foreign currency conversion* is carried out on or after May 16th 2008. This charge would be deducted from the amount to be paid to the beneficiary.