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Home >> Send money in 3 easy steps >> How it works?

How to Transfer Money to India

Please click here to find out how to transfer money via Insta
Net Express.


Follow these step-by-step instructions to use NetExpress (NetBanking Transfers).

You must first register with Money2India Europe. Click here to register now.

If you are already a registered user of Money2India Europe then


  • Login with your Money2India Europe User ID and Password.


  • Select an existing Bank Account from your list or add a new Bank Account


  • Select an existing receiver (beneficiary) from your list or add a new beneficiary along with the mode of disbursal


  • Select the appropriate option for Specify in EUR for indicative exchange rate or Specify in INR for fixed exchange rate.


  • For Fixed Rupee transfer, Enter the rupee amount that you want to send to your selected receiver.


  • Once you submit these details, we will inform you the exchange rate applicable to your transfer and the EUR amount that you need to transfer from your local bank account in Eurozone.


  • The next page will provide you a preview of the details you have entered. If all the details are right, click confirm


  • Once these details are confirmed and submitted on the next page, you will be provided with a unique Tracking Number (e.g. G2N12345678) and the following instructions for completing your transaction

For remitters in countries other than Germany:

1. Log on to the Internet banking application of your bank.

2. Go to the function that enables you to pay/transfer funds to another Eurozone country (SEPA transfers).

3. In the module, do the following:
A. Select your account from which you want to make the payment/ fund transfer.
B. Enter the receiving account details as follows:

Field Name Value
Recipient Name Money2India Europe
Reference / Message / Remark
M2I Europe Reference number
Recipient Bank
ICICI Bank UK PLC, Frankfurt
Recipient Bank Clearing / Sort Code
501 201 00
Recipient Account Number
0000397175
IBAN No
DE65501201000000397175
SWIFT Code ICICDEFF
City Frankfurt, Germany

C. Enter the Tracking Number in the field provided for "Message to recipient" or "Purpose of payment" or "Payment Reference".

Please note that unless we receive the complete Tracking Number with your funds, we will not be able to process your transaction. So check with your bank (or on your bank's Web site) about which field to use to send a personalised message to the recipient.

IMPORTANT: Please note that Fixed Rupee transfer request and the confirmed rate is applicable only if your funds are available to ICICI bank UK PLC, Frankfurt, for processing, on or before the validity date with complete and correct details. In case the funds are not available within the validity date, your request will be processed as a regular request and the rate as applicable at the date and time of conversion of your funds will be applied to your transaction. The confirmed rate will not be valid for Fixed Rupee transfer requests where funds are available to ICICI Bank after the Validity Date.

D. Enter the amount to be transferred. This should be the same as the amount confirmed on the Money2India Europe website.

4. Confirm the third party payment/ fund transfer, to complete the money transfer request.

After completing the transfer request, you can use the Track Your Remittance service (on Money2India Europe) anytime, to check the status of your transaction.

For remitters in Germany:

1. Log on to the Internet banking application of your bank in Germany

2. Go to the module that enables you to pay/transfer funds to a third party account - a third party account would be an account that is not your own account and is held with some other bank in Germany

3. In the module, do the following:
A. Select your account from which you want to make the payment/ fund transfer.
B. Enter the third-party account details as follows:

Field Name Value
Recipient Name Money2India Europe
Reference / Message / Remark M2I Europe Reference number
Recipient Bank ICICI Bank UK PLC, Frankfurt
Recipient Bank Clearing / Sort Code
501 201 00
Recipient Account Number
0000397175
IBAN No DE65501201000000397175

C. Enter the Tracking Number in the field provided for "Message to recipient" or "Purpose of payment" or "Payment Reference".

Please note that unless we receive the complete Tracking Number with your funds, we will not be able to process your transaction. So check with your bank (or on your bank's Web site) about which field to use to send a personalised message to the recipient.

IMPORTANT: Please note that Fixed Rupee transfer request and the confirmed rate is applicable only if your funds are available to ICICI bank UK PLC, Frankfurt, for processing, on or before the validity date with complete and correct details. In case the funds are not available within the validity date, your request will be processed as a regular request and the rate as applicable at the date and time of conversion of your funds will be applied to your transaction. The confirmed rate will not be valid for Fixed Rupee transfer requests where funds are available to ICICI Bank after the Validity Date.

D. Enter the amount to be transferred. This should be the same as the amount confirmed on the Money2India website.

4. Confirm the third party payment/ fund transfer, to complete the money transfer request.

After completing the transfer request, you can use the Track Your Remittance facility (on Money2India) anytime, to check the status of your transaction.

Once the clear EUR funds are available to ICICI Bank UK PLC, Frankfurt for processing, on or before the validity date provided, with complete and correct details, ICICI Bank will convert the funds into INR at the exchange rate specified for the Fixed Rupee transfer transaction initiated and disburse the specified rupee amount (as requested by you at transaction request initiation) to your receiver in India.

IMPORTANT: Please note that only if the funds are received by us on Working Day 0, before the clearing cut-off time, these funds will then be typically available for processing on the next working day. The Validity date refers to the date of availability of funds to ICICI Bank UK PLC for processing.

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