HDFC Bank vs ICICI Bank — Remittance Charges Compared

Side-by-side fee comparison between HDFC Bank and ICICI Bank on outward remittance from India. The verdict matrix below shows the cheaper bank at ₹50K, ₹1L, ₹5L across USD, GBP, EUR, AED, with the rupee delta.

Outward fee components

HDFC BankICICI Bank
  • Outward Remittance Commission: Tiered by USD amount: ≤500: ₹500, >500: ₹1000
  • GST on Commission (18%): 18% on commission
  • GST on Amount Exchanged: Slab by ACE; 3 bands
  • Outward Remittance Commission: Flat ₹750
  • GST on Commission (18%): 18% on commission
  • GST on Amount Exchanged: Slab by ACE; 3 bands

TT Selling rates side-by-side

CurrencyHDFC BankICICI Bank
USD 95.9900 95.7700
GBP 127.8200 127.6600
EUR 110.2500 110.2600
AED 26.4700 26.4900

Verdict matrix

SendCurrencyHDFC BankICICI BankWinnerΔ
₹50,000 USD ₹1,270 ₹975 ICICI Bank ₹295
₹1,00,000 USD ₹1,360 ₹1,065 ICICI Bank ₹295
₹5,00,000 USD ₹1,810 ₹1,425 ICICI Bank ₹385
₹50,000 GBP ₹1,270 ₹975 ICICI Bank ₹295
₹1,00,000 GBP ₹1,360 ₹1,065 ICICI Bank ₹295
₹5,00,000 GBP ₹1,810 ₹1,425 ICICI Bank ₹385
₹50,000 EUR ₹1,270 ₹975 ICICI Bank ₹295
₹1,00,000 EUR ₹1,360 ₹1,065 ICICI Bank ₹295
₹5,00,000 EUR ₹1,810 ₹1,425 ICICI Bank ₹385
₹50,000 AED ₹1,270 ₹975 ICICI Bank ₹295
₹1,00,000 AED ₹1,360 ₹1,065 ICICI Bank ₹295
₹5,00,000 AED ₹1,810 ₹1,425 ICICI Bank ₹385

Try it

Transfer details
INR

Today's rate from ICICI Bank's published forex sheet.

Outward remittance

Enter an amount to see charges.

Estimate only. Excludes correspondent/intermediary-bank charges. Exchange rates shown are indicative.