IDFC FIRST Bank Fund transfer from overseas

IDFC FIRST Bank offers funds transfer service from overseas for credit to Non Resident or Resident accounts with IDFC FIRST Bank, for purposes like, savings, Investments, family maintenance, etc.

Follow these simple steps to transfer funds conveniently:

• 1) Visit your foreign bank branch anywhere in the world.
• 2) Submit the payment details explained below:
  • • Sender's details - Name, account number and complete address
  • • Receiver's details - Name, 11-digit account number* and complete address
  • • Receiver's bank details -
    Bank Name – IDFC FIRST Bank
    Swift Code – IDFBINBBMUM
    Correspondent's Bank - Please Click Here
• 3) Mention purpose of payment for faster credit to your account

Yes, only IDFC FIRST Bank Account holders can avail this service.

You can receive money in 14 currencies - USD, EUR, GBP, CAD, AUD, CHF, AED, SGD, HKD, NZD, JPY, ZAR, NOK, CNH.

IDFC FIRST Bank does not charge anything for funds transfer received from abroad, the remitting bank/correspondent bank may levy charges for the wire transfer. GST will be levied on the converted gross INR amount, as per the existing Tax slab.

For details on the Exchange Rates, please Click Here

For details on correspondent banks, please Click Here

No. You can transfer money without any limits

For faster credit in your account, it is mandatory to mention purpose of payment

On receiving the payment from foreign Bank, IDFC FIRST Bank will deposit the money in the desired account within 1 to 2 days*. * In certain cases, the bank may be required to reach beneficiary for additional details prior to credit of funds.

Correspondent bank charges are levied by the intermediary bank, routing funds to IDFC FIRST Bank. These charges are neither in control or responsibility of IDFC FIRST Bank.

• Sender’s details - Name, account number and complete address
• Receiver’s details - Name, account number and complete address
• Receiver’s bank details - Bank Name – IDFC FIRST Bank with Swift Code – IDFBINBBMUM
• Payment details - Purpose of Payment; you may choose an available option
• Correspondent’s bank details - Available at Please Click Here
• Purpose of Payment: For faster credit in your account, it is mandatory to mention purpose of payment

No. IDFC FIRST Bank has only one swift code IDFBINBBMUM, for receiving funds from abroad for Resident and NRI account holders.