Rate | Hdfc Bank Usd Buying

For foreign currency exchange, charges are often slab-based. For example, transactions up to ₹1 Lakh may incur a fee of 0.18% or ₹45, whichever is higher, plus GST.

For larger trade or retail transactions (typically up to INR 20 lakhs equivalent), the "card rate" is used. However, customers with significant transaction volumes or specific relationships with the bank may negotiate improved rates. Associated Costs and Fees hdfc bank usd buying rate

Banks typically apply a markup or "margin" to the mid-market rate. This margin often makes the bank's buying rate lower than the market rate, serving as an additional fee for the service. For foreign currency exchange, charges are often slab-based

Rates are updated daily (and sometimes multiple times a day) based on the supply and demand in the global interbank forex market. Rates are updated daily (and sometimes multiple times

Generally used for inward remittances where funds are electronically transferred into an account.