Exchange rate in indian bank

BUYING Rates in Indian Rs.

SELLING Rates in Indian Rs. Buying -Rate at which a Foreign Inward Remittance received by Telegraphic Transfer, Foreign DD or Foreign Cheque is converted into Rupees. Currency Buying - Rate at which Foreign Currency Note is bought from the customer.

Selling - Rate applicable when a customer sends an outward remittance through Telegraphic Transfer or through Issuance of Demand Draft. The same will be arranged through TC issuers.

Currency Selling - Rate applicable when a customer buys Put option delta hedging example Currency notes from the Bank.

This exchange rate in indian bank however, subject to availability of currency notes at the Branch concerned.

:: INDIAN BANK :: Taking Banking Technology to the Common Man

This document has been prepared for information and does not constitute any offer to transact. Such an offer would be subject to contractual confirmations, satisfactory documentation and prevailing market conditions.

These rates are indicative and may vary at the discretion of the bank and may change without any prior notice due to the volatility of the forex market. South Indian Bank or its employees do not accept any responsibility for actions taken based on this document.