Foreign Exchange

• Foreign Currency Exchange ( Buyimg and selling )
• Send Money Abroad
• Multi Currency Travel Card

We deal with all sort of foreign currency exchange (Buying and Selling), Send Money Abroad and Multi Currency Travel Card.

Banks offer to the client’s remittance facilities by which they can send and receive money to and from friends and relatives abroad. Foreign currency noted to their clients for meeting expenses on travel abroad. Foreign Currency is a convenient way of meeting personal expenses during the journey, paying for taxis/ internal travel, food expenses etc.

Foreign Exchange Services is the exchange of a particular currency for another or the conversion of currency to another. Foreign exchange transactions comprise of everything starting from the conversion of money at an airport kiosk by a traveller to multi-billion dollar payments processed by governments, corporations and financial institutions.

Outward Remittances (Miscellaneous) for other purposes can be effected quite easily. Remittances by way of SWIFT can be made through a network of correspondent banks to any part of the world.

Banks offer Foreign Currency Travellers Cheques (FCTCs) that are a safe and easy way to protect money during international travel. FCTCs can be encashed when needed, and only against the holder’s signature, unlike cash which has the possibility of being stolen or misused by anybody. Loss of a Travellers Cheque can be reported anywhere in the world by making a single phone call, and the pre-fixed amount on the cheques are refundable to the holder/ buyer.

Foreign Currency Exchange ( Buying and selling ) : A foreign currency exchange rate is a price that represents how much it costs to buy the currency of one country using the currency of another country. Currency traders buy and sell currencies through forex transactions based on how they expect currency exchange rates will fluctuate. When the value of one currency rises relative to another, traders will earn profits if they purchased the appreciating currency, or suffer losses if they sold the appreciating currency. Foreign Exchange Services is the exchange of a particular currency for another or the conversion of currency to another. Foreign exchange transactions comprise of everything starting from the conversion of money at an airport kiosk by a traveller to multi-billion dollar payments processed by governments, corporations and financial institutions.

Send Money Abroad : Sending money abroad could cost you a lot, especially if you aren’t aware of the hidden fees. Money transfer companies and banks earn money by not only charging you a transfer fee, but also usually by offering you an exchange rate with a hidden markup. You could save a lot of money by comparing exchange rates and transfer fees in real-time. With our money transfer comparison tool, you’ll find the best way to send money internationally in just a few clicks.

Multi Currency Travel Card: Multi-Currency Foreign Travel Card ("Foreign Travel Card") is the smart way to carry your travel money. Simply load one or more of the following currencies- US Dollars, British Pounds, Euros, Singapore Dollars, Australian Dollars, Canadian Dollars and UAE Dirham to your State Bank Multi-Currency Foreign Travel Card and when you're travelling, use your Card to withdraw money from over 2 million ATMs worldwide accepting Mastercard cards, or to pay for goods and services in shops, restaurants and hotels around the globe, displaying the Mastercard Acceptance Mark (other than in India, Nepal and Bhutan, or for payment of goods in Indian Rupees or the currencies of Nepal and Bhutan).