This payment method is available only for ICICI bank account holders and allows you to complete your payment online, directly and securely through Flywire's platform. PAN information and the LRS Declaration are NOT required for this payment method.
After creating a payment request by selecting the ICICI Online Bank Transfer method, please follow the instructions below:
1. Click the "PAY WITH ICICI NET BANKING" button on your tracking page
2. You will then be redirected to ICICI in order to log in to your account (Important note: please log in to your ICICI bank account through the link provided by Flywire, you do not need to log in directly from ICICI's platform) If you are experiencing some issues logging into your account, please contact ICICI directly.
3. Select the account from which you want to pay. Flywire will automatically be designated as the payee account
4. Select the account details from the dropdown menu
5. If you are prompted to enter "Country where ultimate service provided", please enter the country where your institution is located, please do not select India.
6. Enter the card verification requirements and one-time password to verify the transaction
7. ICICI will display the confirmation page as “Money2World - transaction successful”
Please note, after completing your transaction, your payment will go through a review process by ICICI. Once the review is completed, Flywire will update your payment status and send you a confirmation email. Please allow up to 2-3 business days from the moment the funds have been deducted from your account, for the payment status to be updated to "Received" by Flywire.
Tax Collected at Source (TCS)
You may notice a second transaction on your bank account statement after payment has been made, if your payment is above 7 lakhs in the financial year from 1 April - 31 March. This would be the TCS amount calculated by ICICI and deducted automatically from your account. This is not a charge from Flywire.
For matters relating to TCS for this payment method, please contact ICICI directly.