Watch out for mark-up on the exchange rate when remitting money

Go with a player that states both the exchange rate and the transaction fee transparently

Karthik Jerome |Business Standard
Premium
Watch out for mark-up on the exchange rate when remitting money

4 min read Last Updated : Jan 27 2023 | 10:34 PM IST

Listen to This Article

In November 2022 (the latest month for which data from the Reserve Bank of India is available), individuals transmitted $1.92 billion abroad. This amounts to a scorching growth rate of 38.4 per cent c

Topics :RemittancesForex Currency

First Published: Jan 27 2023 | 8:10 PM IST

Next Story