Currency Exchange in India
Currency exchange in India is a thriving industry, with plenty of options to choose from for expatriates who want to change their home countries’ currencies for the Indian rupee. Banks, airports and hotels are only some of the places where currencies may be changed.
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Currency Index is a premiere online brokerage firm that provides saving opportunities for clients when they send money or receive foreign currency payments. Expats in India rely on the company when paying a supplier or purchasing a property overseas. Currency Index received an award as 2012’s Best British Business and 2010’s Best Currency Company from the OPP industry awards.
Margin
0.60%
Margin description
0.25% - 0.60% (Depending on volume)
FSA
Yes
HM REV & Customs
Yes
Free
£7 or £12 - No fee for transfers above £30,000
Min
No minimum
Currencies
Wide range of major and exotic currencies
Options
Bank to Bank Transfers, Spot, Forward contract, Limit or Stop Loss Order
Moneycorp is a top-notch forex service provider, offering expats in India the opportunity to save cash with its technology and skills, coupled with market expertise and dedicated effort to get the best exchange rates for each transaction. The firm takes every client personally, taking time to know their needs and proposing suggestions that give them maximum value for their currency transfers.
Margin
0.6%
Margin description
0.25% - 1% (Depending on volume)
FSA
Yes
HM REV & Customs
Yes
Free
£0
Min
£1,000 or £250 Regular Payments
Currencies
76 Currencies
Options
Bank to bank - one off or regular payments