Personal Finance Money transfer

Money2India transfer limits - US guide [2025]

Alexis Konovodoff

13.08.25

Read time 4 minutes

Money2India lets you send money from any US bank to any bank in India as long as you have an NRI Account with ICICI Bank.¹ The service comes with fast transfers and competitive fees, so it's popular with Indian expats and non-resident Indians (NRIs).

But if you're planning a large transaction, you'll want to understand the Money2India transfer limit first. How much can you send?

Here's everything you need to know.

We'll also introduce Wise — your international money transfer alternative. Use Wise to send stress-free transfers to over 140 countries - all at the standard mid-market exchange rate.

Learn more 🔎

Table of contents
Money2India transfer limits overview Power Transfers Express and E-Transfers What’s the best way to send money internationally? How can you check your Money2India transfer limits? Can you increase your transfer limits at Money2India? What are Money2India’s transfer fees and charges? Things to keep in mind when transferring high amounts

Money2India transfer limits overview

You can transfer funds from any US bank to any Indian bank using Money2India's 3 transfer options:

Express

E-Transfer

Power Transfer

The international transfer limits depend on which transfer type you choose. Each differs in speed and in how they deliver your money.

All three require an active NRI Account with ICICI Bank to get started.

Power Transfers

Power Transfers offer the highest ICICI Money2India transfer limits. This option sends a domestic wire transfer to ICICI Bank's account at Bank of New York Mellon, and once the money reaches India, it usually takes 1 business day to deposit.

Here’s a look at the transfer limits using Money2India Power Transfers²:

Transfer type	Daily	Weekly	Monthly
Power Transfer	300,000 USD	500,000 USD	2,000,000 USD

Need to send a large amount? With Wise, you can send up to 1,000,000 USD per wire transfer to 140+ countries — and we automatically apply a discount when you send over 25,000 USD (or equivalent)*.

🚀Send high-amount transfers with Wise

*For more information, please visit https://payout-surge.live/us/large-amounts/%3C/a%3E.%3C/small%3E%3C/p%3E

Express and E-Transfers

Express Transfer is the fastest option. It uses ACH authorization, which pulls funds directly from your US bank account. Your money typically arrives within 4 hours.

E-Transfer takes longer, usually 5 business days, but also uses ACH authorization to move money from your account.

Both Express and E-Transfers have lower Money2India limits²:

Loyalty tier	Daily	Weekly	Monthly
New customer	7,000 USD	7,000 USD	15,000 USD
Blue	10,000 USD	10,000 USD	20,000 USD
Silver	25,000 USD	25,000 USD	50,000 USD
Gold	25,000 USD	25,000 USD	50,000 USD
Platinum	50,000 USD	50,000 USD	100,000 USD

Each tier also requires a minimum total transaction value²:

Tier	Minimum transactions	Minimum total send
Blue	2	20 USD
Silver	2	3,000 USD
Gold	5	10,000 USD
Platinum	8	24,000 USD

💡 Learn more about ICICI international wire transfers in our full guide.

It's important to remember that you can only send an international wire transfer to India with Money2India. If you need to transfer funds to another country, you'll need to find an alternative.

Send high amount, low cost international transfers with Wise

A smart option if you’re sending money overseas: meet Wise.

With Wise, you can send up to 1,000,000 USD per wire transaction to 140+ countries, with the mid-market exchange rate and low, transparent fees.

Over 70% of Wise payments arrive instantly* — and all Wise transfers are deposited directly into your recipient's bank account for convenience.

No ongoing fees, no hidden charges and no hassle — just fast, transparent international transfers that can beat the banks.

🚀Get started with high amount transfers

See how Wise compares with international bank transfers in our full guide

*Transaction speed claimed depends on funds availability, approval by Wise’s proprietary verification system and systems availability of our partners’ banking system, and may not be available for all transactions.

How can you check your Money2India transfer limits?

For Express Transfer and E-Transfers, your Money2India limit depends on your loyalty tier status.

To check your status:

Log into your Money2India account

Click on the ribbon icon in the top right corner of the website, or tap the ☰ menu icon if you're using the mobile app

Select M2I Rewards to see your tier²

For Power Transfers, the limits stay the same no matter your loyalty tier: 300,000 USD daily, 500,000 USD weekly, and 2,000,000 USD monthly.

Can you increase your transfer limits at Money2India?

Yes, you can increase your Money2India limit by moving up the loyalty tier ladder for Express Transfers and E-Transfers.²

For Power Transfers or even larger amounts, Money2India states that "We can facilitate sending of any amount to India."²

To increase your limit, you will need to contact them directly:

Email: powertransfer@icicibank.com

Phone: Contact their offices in New York, California, or Texas from 9 AM to 5 PM Monday through Friday (excluding holidays)

If you can’t send the amount you want through Money2India, you can try a wire transfer at your bank or through another money transfer provider.

Need to send a large amount? With Wise, you can send up to 1,000,000 USD per wire transfer to 140+ countries — and we automatically apply a discount when you send over 25,000 USD (or equivalent)*.

🚀Send high-amount transfers with Wise

*For more information, please visit https://payout-surge.live/us/large-amounts/%3C/a%3E.%3C/small%3E%3C/p%3E

What are Money2India’s transfer fees and charges?

You'll see the breakdown of fees before you submit your Money2India transfer request. Here's what you can expect:

Amount	Transfer fee²
1,000 USD or less	4 USD
1,001 USD and up	0 USD

Money2India doesn't charge your recipient anything to get the money. However, your US bank or the receiving bank in India might add their own fees.

While the "zero fees" for transfers over 1,000 USD sounds great, Money2India makes money through exchange rate spreads.² That's the difference between the mid-market exchange rate you see on Google and what they offer you.

This means you're still paying, just in a less obvious way.

For example, in a hypothetical scenario, let's assume that the mid-market USD to INR exchange rate is 86.50. Money2India might give you 85.80 instead. On a 5,000 USD transfer, that 0.70 difference costs you about 41 USD, which is much higher than a 4 USD fee.

So, while Money2India technically charges "no fees" on larger transfers, the exchange rate markup can add up to pretty significant costs, especially on big transactions.

You can transfer over 1,000 USD to avoid the 4 USD fee, but you'll keep paying more and more on the currency conversion as your transfer amount increases.

Exactly how much you’ll pay is also hard to predict because exchange rates change constantly throughout the day.

Things to keep in mind when transferring high amounts

Money2India can work fairly well for sending large amounts from the US to India, but there are a few things to consider:

Money2India rate: The exchange rate you get includes a markup that varies throughout the day
Potential extra bank fees: Your US bank and the receiving bank in India may charge additional fees that aren't included in Money2India's costs²
Not FDIC insured: Money2India is generally safe and reliable, but your funds aren't protected by FDIC insurance during the transfer process²
Can only send money to India: If you need to send money anywhere else in the world, or if you don't have an ICICI Bank NRI Account, you can't use Money2India

In other words, Money2India works well if you have an NRI Account with ICICI Bank and only need to send money to India. However, you're limited to India-only transfers and will pay unpredictable amounts through currency conversion spreads.

With Wise, you can send secure and trackable large amount transfers to 140+ countries worldwide with transparent fees and the fair mid-market exchange rate.

Have a look at the main benefits for using Wise to send large transfers:

Dedicated support for large transfers
Fast and easy setup with no physical paperwork
Upfront, transparent fees
Fully trackable transfers
Fast transfer times
Two-factor authentication and real-time notifications

🚀 Get started with Wise

Sources

ICICI Bank - Send Money From USA to India
ICICI Bank - ICICI Bank Money Transfer FAQs

Sources checked 07/24/2025

*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.