Resident Customers:
| For Credit Cards mail us at: | |
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| For Regular Post: Manager, HDFC Bank Cards Division,PO BOX # 8654 Thiruvanmiyur PO Chennai - 600 041 For Courier: Manager, HDFC Bank Cards Division,# 8, Lattice Bridge Road, Thiruvanmiyur, Chennai - 600 041 |
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| For products (other than Credit Cards ) mail us at: | |
| HDFC Bank Ltd., New Bldg; "A" Wing 2nd floor, 26-A Narayan Properties,Chandivali Farm Road, Off Saki Vihar Road, Chandivali, Andheri (East), Mumbai- 400 072 |
NRI Customers: Click here
How to buy foreign currency? This is a question worth asking while travelling abroad. You could be on a business trip or a holiday. You can buy foreign currency in several ways.
Visit your local bank branch: First, we will see how to convert currency manually. For this, you may approach your local bank. Banks generally offer competitive exchange rates and charges. Visit the bank in person on a working day to buy the foreign currency you need. HDFC Bank branches have forex services that let you buy foreign cash in 22 major currencies.
Go to a forex dealer or travel agent: Similarly, you can buy foreign exchange from your travel agent. You can also buy foreign exchange from Reserve Bank of India (RBI)-authorised foreign exchange dealers. You should compare exchange rates offered before buying.
Order online: There are several online options to buy foreign currency. Here, buying foreign currency is only a click away. Many banks provide online forex services. To buy foreign currency, you need to visit the bank’s website and log in to internet banking. The facility is usually available during working hours.
Otherwise, you can opt for one of the online forex players. You can order the currency online and get it delivered at your doorstep. Or, you may have the option of picking it up from a branch. With all these details, don’t get worked up over how to get foreign currency.
These online sites will have an exchange rate calculator. First, decide the amount of foreign currency you need. You need to select the currency you have. Next, select the currency you want to convert it to. The site will display the exchange rate. Also, check the currency conversion fee. Using this tool you will get to know how much local currency you need.
If you are getting it delivered at your doorstep, shipping charges may be involved. If you are buying a certain amount of currency, there is generally a waiver. A forex dealer may waive off this fee for orders over Rs 50,000. You need to order foreign currency online at least three days in advance. If you have a shorter time, do it offline. You can also lock-in an exchange rate by paying a refundable advance fee.
At the airport: Like banks, you can also buy foreign currency at the airport. However, it should always be your last resort. This is because you have to pay higher fees and currency conversion charges. For a similar reason, you are also advised to not buy foreign currency at a hotel.
As discussed, there are several ways of buying foreign exchange. Compare exchange rates before making a decision.
Looking for the best way to buy foreign exchange? Click here.