Choose your option for quick and easy online money transfer Sending money from India to overseas, is made easy and convenient with ICICI Bank. ICICI Bank offers Outward Remittance service for transferring money from India to all around the globe.

Can I transfer money to an overseas bank account?

You can transfer money by moving money from your bank account directly into an overseas bank account. This is called a money transfer, a telegraphic transfer (TT), or a wire or SWIFT transfer. Banks can be a more expensive option. A bank transfer can also take up to five business days to go through.

What should I invest my money in as an expat?

1. Exchange-Traded Funds (ETFs) Like most expats, you probably want to invest in a mix of stock and bond Exchange-Traded Funds (ETFs). Mutual funds (such as Vanguard LifeStrategy) popular with those back home aren’t easily available to expats, so we have to use ETFs. In fact, ETFs are so awesome they could stand for Expat Total Freedom.

Which is the best ETF to invest in as an expat?

You settle on 80% in VWRA (the Vanguard FTSE All-World UCITS ETF in USD with dividends reinvested) and 20% in IGLA (the iShares Global Government Bond UCITS ETF in USD with dividends reinvested). Congratulate yourself for your incredibly smart fund choices, as these funds are cheap and well-diversified.

Is it easy to transfer money from one country to another?

With bank transfer charges, currency fluctuations and a myriad of ways to manage expat finances, dealing with foreign exchange and money transfers across borders can seem complicated. This comprehensive guide aims to make moving money overseas simpler for expats.

Which is the best bank for an expat?

The Capital One 360 account is ideal for expats looking to avoid foreign transaction fees and high interest rates, and who frequently make purchases online from other countries. When using your Capital One 360 card overseas, the bank charges no foreign transaction fees, which is a big draw for many people.