How to Transfer Your ICICI Savings Account to NRE Status Overseas

Transferring your Indian ICICI Bank savings account to a Non-Resident External (NRE) account while you are overseas can be a straightforward process if you follow the correct steps. Here’s a comprehensive guide to help you through the conversion process.

Step 1: Contact Customer Service

Begin by contacting ICICI Bank's customer service for NRI banking assistance. You can find the contact number on their official website. ICICI Bank often has dedicated numbers for international customers to facilitate easier communication. Make sure to have your account details handy as you will need to provide these during the conversation.

Step 2: Email Communication

Emailing their NRI banking support is another effective method. Clearly state your request to convert your savings account to an NRE account in your email. Ensure you include all necessary details such as your account number, address, and any other relevant information to expedite the process.

Step 3: Online Banking Initiatives

For individuals who have access to ICICI Bank’s internet banking, log in to your account and look for any account services or conversion options. Sometimes, banks allow such requests to be submitted online, making the process more convenient.

Step 4: Required Documentation

To initiate the account conversion, you will need to submit certain documents. These may include:

A copy of your passport Visa or residency proof of the country you are in Address proof in your current country Any other documents as required by the bank

Step 5: Follow-Up

After submitting your request, it’s important to follow up with the bank to ensure your application is being processed. This can help you stay informed and proactive throughout the process.

Step 6: Local Branch or Alternative Methods

If there is no ICICI branch in your country, ask customer service if you can send the required documents via mail. Another option might be using a local representative to submit the documents on your behalf.

Additional Tips

ICICI Bank offers a convenient toll-free customer care line where you can fill the NRE form and submit the copy of visa and passport digitally. The bank will guide you throughout the process. Additionally, they may conduct a video KYC to verify your identity.

### Personal Experience

From my personal experience, the account conversion process begins by converting the account to an NRO account and then opening an NRE account with the same consumer ID. Therefore, you will end up with two accounts: an NRO and an NRE account. Direct conversion to NRE is not possible.

The process can be initiated online via the net banking platform. You will need to provide self-attested scanned copies of documents, such as your Visa, passport, and overseas address proof, along with utility bills or bank statements. For the tax-related proof, such as your country's Tax File Number (TFN) in case you are in Australia, these will also be required.

In cases where your registered phone number with the bank is deactivated, you might not receive an OTP. In such scenarios, you need to request a callback from the NRI account opening team. A member of the team will guide you through every step, including verifying your personal details over the phone to provide the OTP.

By following these steps, you can successfully transfer your ICICI savings account to NRE status while overseas, ensuring that your funds remain accessible and viable under the regulations of both India and your current country of residence.