Post office forex rates

By: msSklizas Date: 01.07.2017

High growth Indian economy coupled with globalization has resulted in thousands of Indians going abroad for travel, studies and business. Simultaneously, there is a huge inflow of foreign tourists visiting India on vocation and business.

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This has resulted in the need for a reliable and quality service provider for purchase and sale of Foreign Exchange. Each one of them requires reliable, affordable and convenient Forex services. At many places, there is no Bank or other facilities to avail foreign exchange. India Post, with a network of more than , post offices, is best poised to offer Forex services in an efficient and economical manner. Now India Post, in association with HDFC Bank, provides Forex services through select Post Offices across India.

HDFC Bank is one of the leading providers of Forex services and through this association, India Post brings to the customers a range of Forex services in a professional and efficient manner. To provide convenience to the customers by making Forex services available at a large number of locations covering urban as well as rural areas, where banks and exchange companies do not offer foreign exchange service or do not have the presence.

Given below is the range of Forex services Following offered from Post office counters. Forex services are subject to regulations of Reserve Bank of India. India Post also offers its customers draft issuances in following currencies.

post office forex rates

All Draft issuances cases are referred to HDFC Bank Ltd. India post also offers its clients Wire Transfer facility in the following currencies. All Wire Transfer cases are forwarded to HDFC Bank Ltd.

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post office forex rates

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Foreign currency notes FCN Buying and selling 2. Travellers Cheques TC Buying and selling 3. Store Value card SVC Selling 4.

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Arrangement for Demand Drafts DD Selling 5. Foreign Currency Notes India Post offers banknotes of following currencies List of Currencies Currency Code Currency Code US Dollars USD New Zealand Dollar NZD Sterling Pound GBP Norwegian Kroner NOK Euro EUR Oman Rial OMR Australian Dollar AUD Qatar Rial QTR Bahrain Dinar BHD South African Rand 5.

Following American Express Travellers Cheques are offered by India Post Travellers Cheques S. US Dollar USD 2. Sterling Pound GBP 3. Australian Dollar AUD 5.

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Canadian Dollar CAD 6. Japanese Yen JPY 3. Forex Plus Card India Post offers HDFC Bank Ltd. Store Value Card Forex Plus Card S. Japanese Yen JPY 7.

post office forex rates

Swiss Francs CHF 4. Foreign Currency Demand Draft India Post also offers its customers draft issuances in following currencies. Foreign Currency Demand Draft S. Swiss Francs CHF 8. Danish Kroners DKK 9. Hong Kong Dollar HKD UAE Dirham AED Singapore Dollar SGD 5.

Foreign currency Wire Transfer India post also offers its clients Wire Transfer facility in the following currencies. Foreign currency Wire Transfer S. Singapore Dollar SGD Oman Rial OMR Home About Us Contact Us Sitemap RTI Employee Corner CEPT. Forms Help Tenders Opportunities Holidays Download Fonts Related Links. At least one and.

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