There are some of the things you really should take care of
before buying foreign exchange from the best provider of foreign exchange
services in India. These include:
Avail the services of
the best foreign exchange services in India
It is very advisable to hire the company that offer the best
foreign exchange services in India. The best foreign exchange
services in India would be the one offering its customers the facility
of live rates and will be totally transparent about the fluctuations in the conversion
rate so that the customer would be allowed to book currency exchange at a
particular live rate to ensure that he or she get the best deal for their
money.
Buy Forex online well
before your travel date
Make sure to get your foreign exchange ready before a week
from your travel date because currency exchange rates can fluctuate highly.
Moreover, if the exchange rates are on the higher side, you can have the luxury
to wait to see if the rates are falling.
Don't exchange from the
airport outlets
Though, exchanging currency from exchange outlets at the
airport is a way too expensive choice for you, as you will be charged a
commission around 10 to 15 percent. Hence, it is highly advisable not to
exchange from the airport outlets.
Compare Forex exchange
rates before you buy
For each currency, the Forex exchange rates vary from vendor
to vendor. Make sure to compare the foreign exchange rates offered by at least
2-3 vendors before buying. Most of the companies and bank allow you to compare
the exchange rates quoted by authorized money changers and you can also buy or sell Forex online
and can choose home delivery option from your preferred vendor.
Make sure that your
foreign exchange services provider in India is RBI authorized
Always be careful in dealing with the unfamiliar Forex
dealers, as there are many fraudulent outlets, especially in tourist centres.
Thus, always make sure to check the license of that vendor issued by Reserve Bank
of India. Moreover, always insist for the bill on all the transactions so that
you don't get into trouble later on.
Offer round the clock
services
Open all 7 days of the week so you can easily drop in at your
convenience and buy Forex card or reloads accordingly. Besides these factors,
it gives the best rates with no commission and extra fees to the high purchase
volumes globally.
