Best bank account for inward remittance

[WhoU]

I have HDFC salary and BOB savings account. I get RSUs and ESPPs and sell them to get money in my Indian account.

I use inward remittance quite often and HDFC is a pain with calling RM and asking them to get approval for better rates etc.

Do you guys have experience with this? Which bank gives best inward remittance rate with no manual process involved?

 

[dmittal]

any luck fixing it?
I can help if you want 🙂

Finally got around to fixing it. Sorry, it took so late.

 

[Ezio]

Tell your HDFC Imperia RM to give better rates.
I have imperia and for USD and GBP inward remittance, I get about 10 paise lower than interbank rate (XE) and likewise for outward remittance, I get 10 paise higher than XE interbank rate.

If not imperia, then you should use Indian overseas bank and pnb as they have the best forex card rates applicable to all their customers.

How do you get your RM to do that? I have an Imperia account but my RM is useless. She is repeating the same thing that you will be getting the rates as seen on Google.

 

[Dragon_slayer]

How do you get your RM to do that? I have an Imperia account but my RM is useless. She is repeating the same thing that you will be getting the rates as seen on Google.

They will give you lower rates and put other charges , to increase overall fees.

I had an Imperia account, its useless.

 

[sky_walker_rules]

look for IDFC/IOB

 

[Ezio]

look for IDFC/IOB

Some person on some other thread mentioned that PSU banks don't provide FIRC. Do you have any experience of getting FIRC from IOB?

 

[sky_walker_rules]

Some person on some other thread mentioned that PSU banks don't provide FIRC. Do you have any experience of getting FIRC from IOB?

i m using idfc salary account n they give 10p less exchange rate whats shown in google

 

[Ezio]

i m using idfc salary account n they give 10p less exchange rate whats shown in google

How did you open the salary account? Was it online or after going to the branch?

And did you negotiate the exchange rate before you opened the account?

 

[xxScriptzxx]

i m using idfc salary account n they give 10p less exchange rate whats shown in google

Hdfc or icici salary is ibr - 4 paise. They are the best in the segment

 

[sky_walker_rules]

Hdfc or icici salary is ibr - 4 paise. They are the best in the segment

cross check hdfc,they r worst

 

[sky_walker_rules]

How did you open the salary account? Was it online or after going to the branch?

And did you negotiate the exchange rate before you opened the account?

yes,go to branch n negotiate

 

[xxScriptzxx]

cross check hdfc,they r worst

I started using them since 6 months. They have special tie ups with corporates. Being getting ibr - 5 paise. Icici is the best with ibr - 4 paise

 

[mojo_jojo123]

which one is better hdfc irb 5 paisa rate + charges , vs SBI tt buy rate + charges ? anyone expert can guide me ?

 

[cesc007]

which one is better hdfc irb 5 paisa rate + charges , vs SBI tt buy rate + charges ? anyone expert can guide me ?

When you say IBR + 4 paise, do you actually mean 4 paise or 40 paise?