Dear All,
Anyone have any idea for the best bank offering competitive Fx rate for large-value outward remittance? I do transactions for property purchases abroad, till now used following methods -
Anyone have any idea for the best bank offering competitive Fx rate for large-value outward remittance? I do transactions for property purchases abroad, till now used following methods -
- Zero Fx mark-up credit cards - Limitation in transfer, can only do small amount & most cards charge rent surcharge nullifying zero fx benefit.
- Zero Fx mark-up debit cards - No rent surcharge but limit in transfer
- IDFC Private netbanking - The offer 20p-25p discount on published Fx rate & offer seamless transfer through netbanking but discounted rate is similar to HDFC regular rate.
- HDFC - Fx rate better but not best even with discount.
- PSU banks - Offer better rates but lengthy complicated transfer process that requires branch visit.