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How much do banks charge for foreign exchange?
Foreign transaction fees are typically around 3\% of each transaction in U.S. dollars. 1 This fee might consist of a 1\% fee charged by the payment processor, such as MasterCard or Visa, plus another 2\% fee charged by the card issuer, such as Bank of America or Wells Fargo.
Is Axis Bank good for international transactions?
Axis Bank account holders can easily and quickly transfer funds abroad through Internet Banking to any bank abroad.
How much does it cost to exchange?
A typical credit card currency conversion fee is 1\% of the purchase price, DCC fees range from 1\% to 3\% (or more), and a typical foreign transaction fee is 2\% to 3\%.
How do I do an international transfer with Axis Bank?
Send money abroad with Axis Bank
- Login to your Axis bank internet banking account.
- Go to ‘Forex’ option and then ‘Register International Beneficiary’
- Provide all the details about your beneficiary like name, account number, address, etc.
- You are now ready to make your payment.
What are the transaction charges on the Axis Bank Forex card?
There are no transaction charges on the Axis Bank Forex Card, so you only pay what you see.
How do I contact Axis Bank Multi-currency support?
E-mail address: To email your queries please visit www.axisbank.com/support KNOW YOUR MULTI-CURRENCY FOREX CARD Important Information about your Multi-Currency Forex Card 1. The Multi-Currency Forex Card allows you to lead multiple wallets of different currencies on a single card.
Why choose Axis Bank for your Forex products?
Our various Forex products let you buy, sell and manage foreign currency of different denominations, at the best rates, with quick and secure banking transactions. Axis Bank offers seamless, convenient money transfers from your country to any Axis Bank Account at competitive exchange rates
Can I use my Axis Bank travel currency card in Nepal?
Not valid for use in India, Nepal and Bhutan. This card is the property of Axis Bank to whom it must be returned upon request or if found. The use of this card is subject to the terms and conditions governing Axis Bank Travel Currency card usage. If found, please return to any