ani_meher 42 Report post Posted January 19, 2009 Couldn't find info on this anywhere. My friend with ICICI account wants to transfer money in my HDFC account. Will there be any charges for him? Share this post Link to post Share on other sites
Arun 795 Report post Posted January 19, 2009 Use NEFT (National Electronic Fund Transfer) and it will be free. It can take up to 3 days for the transfer to complete since it is passed through the Reserve Bank of India, but if you transfer it in the morning, it may get credited the same day by evening. In ICICIbank.com, it is the "Transfer funds to other banks" option. Share this post Link to post Share on other sites
ani_meher 42 Report post Posted January 19, 2009 Thanks for the help Arun Share this post Link to post Share on other sites
prakashkadam 1 Report post Posted January 19, 2009 Thanks for the help Arun i have accounts in both the banks, and i trasfer a lot, it is free. normally it is done withing hours. Share this post Link to post Share on other sites
I_C_U 10 Report post Posted January 19, 2009 (edited) Its a good and easy service. I prefer it over other mode of transfer. Also, ICICI has many security levels in place. Here some info: At times it may take a maximum of one working day to receive the amount. Such transfer is free up to 31st March 2009 as per RBI. After that banks may charges Rs 5 to 25 per transaction at the sending-end only. Edited January 19, 2009 by I_C_U Share this post Link to post Share on other sites
