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Forex Cash & Forwards
Axis Bank offers clients a wide range of products and benefits by quoting live rates and pricing for all major currency pairs during Indian market hours. We provide advisory services and customised FX (forex) solutions for the specific needs of our customers. We quote competitive pricing for cash transactions, which are value today (T+0), tomorrow (or next business day; T+1), spot (T+2), forwards (any date beyond spot), and LTFX (long-term forwards—13 months and more beyond spot) in multiple currencies while following all RBI (Reserve Bank of India) regulations and guidelines. Faster documentation, deal confirmations, and settlements are provided to all customers. Our dedicated relationship managers are always there to aid the customers with forex needs and guide them through all the major transactions.
Features & Benefits
Real time currency rates
Easy access to real time rates for all major currency pairs till IST 5 p.m.
Multi-currency dealing
Active dealings in Interbank markets for all major currencies
Swift deal execution
Fast and seamless execution of all deals and dedicated relationship managers to guide through.
Accessible across platforms
Available on multiple dealing platforms i.e. FXT, Bloomberg, Reuters Messenger, Max Trader etc.
This account comes with a host of unique features:
- Zero Monthly Average balance Requirement
- Extended benefits in cash deposits, withdrawal, chequebook, NEFT and RTGS
- Nil Monthly Service charge
- Classic , Supreme and Platinum options available for debit card. Click here
How it works?
Once FxConnect is availed by a user, they can login to the platform and setup relevant currency pairs. They can book FX rates online without any manual intervention.
