In today's globalized world, cross-border banking transactions have become increasingly common. For those using ICICI Bank, understanding the SWIFT/BIC code and transfer process is essential for secure and efficient international money transfers.
ICICI Bank's SWIFT Code: Your Key to Global Transfers
The SWIFT code for ICICI Bank Limited is ICICINBB010 . This unique identifier plays a critical role in ensuring your funds reach the intended recipient's bank account safely and promptly.
Bank Location and Operational Advantages
ICICI Bank Limited is headquartered in Kochi, Kerala, India, with its registered office at:
FOTO FAST HOUSE, MAHATMA GANDHI ROAD, ERNAKULAM, KOCHI, KERALA, 682035.
This strategic location enhances the bank's ability to process international transfers with greater efficiency.
Understanding Transfer Details and Exchange Rates
For example, when sending $10,000 from France through ICICI Bank, the recipient would receive approximately €8,483. The bank typically processes these transactions via direct debit, offering a convenient transfer method.
To optimize currency conversion, ICICI Bank utilizes XE's real-time exchange rates. It's important to note that these rates reflect the actual transaction rate rather than the mid-market rate. Even minor fluctuations can significantly impact the final amount received, making this a crucial consideration for frequent international transactors.
Why Choose ICICI Bank for International Transfers?
As cross-border commerce continues to expand, selecting a reliable banking partner becomes paramount. ICICI Bank stands out for its:
- Professional service standards
- Streamlined international transfer procedures
- Competitive exchange rates
- Secure transaction environment
Whether for personal remittances or business transactions, familiarity with SWIFT codes and transfer specifics can significantly enhance the efficiency of your international financial operations.