Wednesday, June 08, 2011

Sending money from Netherlands to India

Recently I noticed that ICICI Bank Money2India facility was not available from Netherlands. I understand few of my friends are using fake address of Germany to still make the transactions on Money2India. It works fine. But it would be better to simply use some legitimate way to transfer money to India. Such as sending money directly from your Dutch bank account.

I am putting these steps here specially for my friend Shashi (neither Tharoor, nor Kapoor; he is none other than Ranjan).

1) Login to ABN Amro Internet Banking. Choose Betalen à Buitenland overboeken
2) Enter BIC code as per your bank information.
             ICICINBBNRI for ICICI Bank.
             HDFCINBB for HDFC Bank
             SBININBB250 for SBI Jabalpur (others http://www.theswiftcodes.com/india-state-bank-of-india/)
             For other banks, you can find BIC through their customer care. Also the following link may help http://www.swift.com/bsl/



3) Enter
ICICI Bank account number in first field
Address of your own address (not of the bank branch) in the next field (click ‘+’ sign to bring extra rows)
Amount in ‘Bedrag’ field
Choose EUR as the currency code
Put some description in Omschriving field
Select ‘shared’ (gedeeld) as value in the ‘kosten’ dropdown
Click ok

4) Take next steps as usual.