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How And Where to Exchange Foreign Currency In India

    

Planning a foreign trip for the first trip and you are probably going crazy with the minute planning of every little thing. You want to make the best of your trip to the foreign land, we understand it. Out of all the things that you need to do before you leave, foreign currency is probably the most important one that you need to take care of. For simple reasons, you cannot carry a large amount of currency, foreign or domestic, you need to know the ABC’s of the how to exchange your money without being cheated, you need to maintain a certain amount in your bank accounts, etc etc. To make it a bit simpler for you, here is how and where you can get your money exchanged in foreign currency before you leave your country.

Things to remember

How And Where to Exchange Foreign Currency In India-1 1.Be aware of the current exchange rate. It keeps on changing frequently.

2. Choose your money agent carefully. There are lots of money exchange dealers who will charge you more than the current exchange rate. The charges vary from place to place.

3. Insist on a currency exchange receipt. This proves the source of your funds in India.

4. It is easier to get your money exchange at the private agents rather than banks, although they charge a slightly high price (which is totally worth for the hassle free procedure)

5. There are a lot of registered foreign exchange websites. You can get your money exchanged without even leaving your home.

6. The use of Bitcoin is the smartest idea to escape the procedure of foreign exchange. Bitcoin is universally accepted digital money.

7. Don’t exchange your money at the airport centers, if it is not an emergency case. The process is really expensive at the airports.

8. Forex card issued by banks is another convenient way to get your currency exchanged. It is just like a debit card where you can deposit the money in your domestic currency and your it will be converted to foreign currency.

Foreign exchange centers in India

You can get your money exchanged at banks, post office, airport and private centers. But, if you choose a private agent to make sure that these agents are approved by RBI. To help you out, here is the list of few of the forex centers located in your city. You can select the one nearest to your and can get your money converted in minutes.

Delhi

If you are staying in Delhi or if you have your flight from Delhi, there are a lot of centers in central Delhi and Paharganj. But, here is a list of forex exchange centers situated in different parts of the city.

1. American Express- Connaught place

2. Samaara Forex- Rajouri Garden

3. Chequepost- Paharganj Main Market

4. Damini Forex- Greater Kailash

5. Adhvika Forex- Karol Bagh

Bangalore

If you are staying in Banglore, you can go to these forex centers to get your currency exchanged.

1.Royal Forex and fashion- Commercial market

2.Vision Forex Pvt Ltd- Bannerghatta Slip Road

3. Prithvi Exchange- Residency Road

4. Zain Foreign Money Exchange - Church Street

5. Western Inc Forex -Monarch Plaza, 1st Floor, Brigade Road,

Mumbai

Get you money exchanged at these centers if you are a Mumbaikar.

1.Orient Exchange and Financial center- Vile Parle East

2. Sam Forex - Mira Road, Thane

3. FRR Forex - Andheri East

4.Rudra Forex Pvt Ltd- Dadar West

5. Weizmann Forex- Mulund West

Kolkata

The following centers in Kolkata probably offer the best exchange rates in Kolkata.

1.RRSB Forex- Firpo’s Market, Taltala

2.Orient Exchange - Chowringhee exchange

3.Ayush Forex Services -Metcalf Street

4. Suryanarayan Forex -Sudder Street, Park Street

Chennai

If you flying abroad from Chennai, then head to these forex centers to get the foreign currency without much ado.

1.Maharaja Exchange- Sir Thyagaraya Road, Pondi Bazaar

2.Prithvi Exchange- east Spurtank road, Chetpet

3. Prime Forex Private Ltd- Challa Mall, Thyagaraya Road

4. Orient Exchange - Sterling Avenue, Nungambakkam,

5. Coinex Forex- Gst Road, Pallavaram

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