Forex Exchange In India. For example, if you are an SBI bank account holder, you can exchange foreign currency in SBI. A popular way to exchange foreign currency in India is with the local Indian commercial banks in the country.
In the forex market, currency trading entails the simultaneous buying and selling of two currencies. And different fee structures, for that matter. The latter are mostly commercial banks.
For example, if you are an SBI bank account holder, you can exchange foreign currency in SBI.
You will first need to identify the nearest Forex approved branch.
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This can be transferred as travel card or you can carry cash. Check the exchange rate for your needed currency for that day. The latter are mostly commercial banks.