Business Accounts

Charges and Fees Schedule

Notice of future changes in our service charges will be available on our website. Unless otherwise stated, all fees and charges are in US Dollars.

Account Maintenance Charges

Particulars
Charges
Account opening deposit* $250,000.00
If closing balance on any day in a month is equal to or over $ 1,000 Nil
If closing balance on any day in a month is less than $ 1,000 $ 25.00 per month
Transaction Charges  
Online ACH transfers (within USA) No charge
Business Remittance Charges (Wire)  
Charges for Inward Remittance $10.00
Charges for Outward Remittance in USD $20.00
USD - INR Remittances No charge
Check Handling and Collection  
Non USA check collection (US Dollars or foreign currency check payable outside USA) $75.00
Stop Payments $20.00
Returned items (including mail advice to payee) $ 25.00 incl. E-Mail advice
Returned items (for international items) $ 100.00 incl. E-Mail advice
Monthly statements No charge
Duplicate paper statement $10.00
Check book Issuance for Checking account First Free. Subsequent $60 for 252 Leaves

*Account opening amount less than $250,000.00 may be accepted if the business entity falls under / is covered by any exclusion/exemption under (12.C.F.R 28.16). Conditions apply, All charges are exclusive of any state and federal taxes (if applicable) and service is to be charged as per the applicable tax laws in various states of United States of America. Please contact us at 1-866-424-2448 or usaccountmanager@icicibank.com for further details

Check-book Issuance

Check book Issuance for Checking account: The first check book (3 to a page) of 252 leaves would be included in the checking account opening docket, free of charge. This would include deposit tickets. Orders for any subsequent or additional check books and deposit tickets set would be charged at $60.00 for a check book of 252 leaves. Check books will be issued for business savings accounts also.

Trade Business Remittances and Bill Collection Charges

For information about the trade services offered at ICICI Bank, New York Branch please send your query to ustradedesk@icicibank.com.