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Best for

Easy forex and secure global payments

  • 50+ Global currencies

  • Multi-channel convenience

  • Competitive forex rates

  • Live rates and quick deals

FX settlement options offered by ICICI Bank

  • Same-day settlement (T)

    CASH transaction is for value date TODAY (T), when transaction-settlement is to be on the same day.

  • Settlement on T+1

    A TOM transaction is for value date T+1 business day, perfect for next-business-day fund transfers.

  • Standard FX settlement at T+2

    SPOT transaction is for value date being T+2 business days. It's noted as the most used settlement cycle.

  • Lock in future exchange rates

    Lock in future rates dates beyond T+2 business days. It helps to manage future currency exposures and hedge against market volatility.

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