Personal Finance & Money Stack Exchange is a question and answer site for people who want to be financially literate. Join them; it only takes a minute:

Sign up
Here's how it works:
  1. Anybody can ask a question
  2. Anybody can answer
  3. The best answers are voted up and rise to the top

I am working as a freelance software developer. Recently I got a project from an overseas company. I asked them to send money through ICICI Bank Money2India.

The first payment made it successfully into my account. The second payment got returned back to the sender because the bank told me Money2India works for individual to individual transfers only. A company account to an individual account is not possible through Money2India.

So my question is: how can I receive an overseas payment in the future, into my individual bank account in India?

share|improve this question

There are multiple ways in which you can get money to India;
- Citi Bank / HDFC Bank offere similar services [and the credit account can be ICICI Bank]
- Ask for a Wire/SWIFT transfer, there would be some changes [in the range of USD 30]
- Ask for a company check, it would take around 30 days for you to encash in into your bank account in India.

share|improve this answer

Your Answer


By posting your answer, you agree to the privacy policy and terms of service.

Not the answer you're looking for? Browse other questions tagged or ask your own question.