Best bank for foreign inwards remittance

[Ezio]

Hi,

As mentioned in the title, I am looking for banks which will be able to provide me better forex inwards rates. I have an HDFC Imperia account but the RM is utterly useless. They claim that they will provide me the FX rates on Google but I know that's not true.
Even ICICI/IDFC has been unable to help me here.

Can someone please provide some light on this?

 

[HumorSimpson]

W

Thread 'Best bank account for inward remittance'

Feb 14, 2023

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?

• WhoU
• Replies: 191
• Forum: Bank Account

• 

has all the info

 

[RDR]

In my experience PSU banks have the best rates and lowest fees for inward remittances.

Checkout IOB or SBI

 

[Ezio]

In my experience PSU banks have the best rates and lowest fees for inward remittances.

Checkout IOB or SBI

Thanks brother! I have contacted SBI

 

[Ezio]

W

Thread 'Best bank account for inward remittance'

Feb 14, 2023

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?

• WhoU
• Replies: 191
• Forum: Bank Account

• 

has all the info

Thanks man! I am new to the community so I am still getting used to navigating this forum.