How can I know the rate of exchange for remittance in Indian rupee?
The rate of exchange of US dollars to Indain rupees is determined daily on the basis of market conditions of demand and supply. This rate can be ascertained from our branch by making telephonic call at any time during working hours or can be heard from our automatic voice mail. However, rate which is in force at the time funds are made available to us for transfer is applied. Usually, it is quite favorable to our customes, since we believe in working on thin margins and high volume.