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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
Revised Charges
Account opening charges USD 1,000
Annual Account Maintenance Charges USD 500 per annum
Account opening deposit* 250,000
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 Nil
Quarterly Average Balance to be maintained USD 10,000
Charges for non-maintenance USD 200 per quarter
Transaction Charges  
Manual ACH Transfer from Branch USD 2 per transaction
Business Remittance Charges (Wire)  
Charges for Inward Remittance 1. Domestic wires: 0.075% of the remittance value Min USD 25, Max USD 100

2. Crossborder wires: 0.075% of the remittance value Min USD 50, Max USD 250
Charges for Outward Remittance in USD 1. Domestic wires: 0.075% of the remittance value Min USD 25, Max USD 100

2. Crossborder wires: 0.075% of the remittance value Min USD 50, Max USD 250
Check Handling and Collection  
Check Deposits - Domestic USD 15
Non USA check collection (US Dollars or foreign currency check payable outside USA) USD 75
Stop Payments USD 20
Returned items (including mail advice to payee) USD 25.00 incl. E-Mail advice
Returned items (for international items) USD 100.00 incl. E-Mail advice
Monthly paper statements USD 50
Duplicate paper statement USD 25
Check book Issuance for Checking account USD 50 for 1st Check book
USD 150 for each subsequent Check books

*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, if opted in the account opening form, subsequent or additional check books and deposit tickets set would be charged as mentioned above for a check book of 252 leaves.

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 nybtrade@icicibank.com.

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