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SBI vs HDFC Bank vs Axis Bank forex card benefits for you - Explained in brief
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The Currency rate card table shows buy, sell and remittance rate for various currencies. Depending on your requirement buy or remit , you can check how much INR you'll need for buying or remitting. Similarly, if you want to sell a currency , the table shows how much INR you'll get by selling a foreign currency. Buy rates for travel card and cash are rate at which you'll be able to buy 1 unit of foreign currency. This can be transferred as travel card or you can carry cash.
If buy rate of 1 US dollar is Rs. Sell rate is the rate at which you'll be able to sell foreign currency and get equivalent Indian Rupees. If sell rate of US dollar is Rs. Remittance means transfer of money from foreign country to home country India. Remittance rate is the rate of that foreign currency against Indian Rupees.
For example, if remittance rate for US dollar is 70, this means 1 US dollar being remitted is equivalent to Rs. I understand. Unblock your geolocation, so we can assign nearest representative to assist you further.
China’s Central Bank Buys 1% Stake in Indian HDFC Bank’s Holding Company
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