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Forex Remittances
Axis Bank provides live quotes for both inward and outward remittances and faster and secured transfer of currency for all transactions.
Forex Remittances
Axis Bank provides real time prices, faster and transparent execution of deals, timely transfer of funds, error free documentations and all time guidance to customers according to market movements. We have huge number of dedicated branches across India to help customers with any kinds of forex requirements in multiple currency pairs. Axis Bank provides an array of customer services without any hidden charges on all kinds of cross border transactions including Cash, Tom, Spot foreign exchanges.
Features & Benefits
Axis Bank provides faster transfer of funds and seamless settlements on time.
Axis Bank provides faster transfer of funds and seamless settlements on time.
Real-time forex pricing for Vostro business
Actively quote prices for Vostro Business in all major currencies.
Robust market presence across India
Strong trading footprint across the Indian market.
Wide network of forex-enabled branches
Huge number of Forex dedicated branches across the country.
Daily market insights
Provides daily customised market updates according to client needs.
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 does Forex Remittance work?
Our FX service allows you to convert foreign currencies swiftly and seamlessly. Additionally, you can hedge your FX risks with the guidance of our dedicated Treasury specialists.
- 01
Support in identifying and measuring key risks (scenario analysis, Cash-flow at risk)
- 02
Review of suitable and viable risk management approaches
- 03
Tailored solutions for optimising cost-benefits using robust hedging techniques suited to your needs
- 04
Benchmarking vs Industry/peer group practices at global or regional level
- 05
Updates on recent trends and innovations in FX risk management
- 06
Timely market updates customised for specific client needs
- 07
Providing well researched and tested hedge strategies to support hedging recommendations
- 08
Support regarding hedge timing , format and hedge instrument selection
- 09
Enabling understanding regulatory requirements and approval procedures
- 10
Strong trading footprint in the local market.
Eligibility & Documentation
Customers should have the required forex remittance documents to avail this facility. For documentation, we request you to contact your relationship manager.
