Icici Bank Limited International Wire Transfer Nostro Accounts Number

What is Nostro Account?

Nostro account is an account that a bank holds in a foreign currency at another bank. Meaning of Nostro is "our money that is on deposit at your bank". Suppose Bank 'X' of India has opened an account with Bank 'Y' of the USA maintained in US dollars. This account with Bank 'Y' is called a Nostro Account for Bank 'X'.

Benefits of Nostro Account

• It helps you maintain funds in foreign currency.
• Transactions within the other country become simpler.
• It helps reducing the Risk of fluctuations in exchange rates.
• With the help of Nostro Accounts, the relationships with international banks becomes stronger.

Nostro Accounts are maintained by an Indian Bank with overseas banks in foreign currency to settle its foreign currency transactions. Customers may remit funds in US Dollars, GBP, EURO or certain other currencies to an account in India by means of cable/TT remittance through their bankers. If you want to remit your fund to India, your banker will require some basic information like Name, Account Number of the beneficiary and the Name of the Branch/Bank to which the amount is to be credited. Find icici bank limited details of correspondent bank name/ SWIFT code/account number and bank's details /SWIFT Code. The list of correspondent banks and account numbers will be appear for particular bank below the bank pull down menu.

Icici Bank Limited Nostro Account Number

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