Q&A

Is it more expensive to exchange money at the airport?

Is it more expensive to exchange money at the airport?

Much like knowing stadiums overcharge for beers, it’s no secret that airport exchanges are an expensive option for trading in money. Most charge a fee or service charge of anywhere from $5 to $15, and the exchange rate you get can be seven to 15 percent worse than the standard bank rate.

Is currency exchange available in Mumbai airport?

The following are 4 currency exchangers in the arrival section (Terminal 2) of the Chhatrapati Shivaji International Airport Mumbai, India. Keep in mind that, in the Departure section, EbixCash is the only currency exchanger after the immigration and security check. 49,999 in cash to a foreign currency.

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How much money can you exchange at the airport?

You can use the Airport’s interactive map to see where the currency exchange counters are located. i) You can convert maximum of Rs. 49,999 in cash to a foreign currency. iii) If you use your credit card, then Indian currency equivalent to US$ 3000 can be converted to foreign currency.

How can I exchange US dollars in Mumbai?

Here are the simple 3 steps to get the best US Dollar Rates in Mumbai: Step 1: Go to BookMyForex’s website or simply call at 9212219191. Step 2: Select the desired currency and enter the amount you want to exchange. You can also Check US dollars exchange rates online or by entering your location.

What is the dollar rate today in Mumbai?

Currency Rate Today

Currency Name Buy Rate (Card Rate) Sell Rate
US Dollar (USD) 76.47 73.71
Euro (EUR) 86.45 83.06
Sterling Pound (GBP) 101.64 97.86
Thai Baht (THB) NA 1.97

How do you exchange foreign currency at the airport?

Use an airport exchange kiosk (but only if you have to) When you get to the airport, you’ll likely see one or more exchange kiosks offering a variety of foreign currency. Despite what their signs might advertise, these exchanges typically have the worst rates and the highest fees.

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What banks do foreign currency exchange?

Currency Exchange at Banks

Banks Details
Citigroup no fee offers online ordering $5 fee (except for CitiGold and Citi Priority Account Package) free delivery to branch
PNC no fee must exchange at branch
TD Bank no fee must exchange at branch
U.S. Bank redirects to Travelex, a foreign-exchange provider

Where can I exchange foreign currency in Mumbai airport?

The following are 4 currency exchangers in the arrival section (Terminal 2) of the Chhatrapati Shivaji International Airport Mumbai, India. State Bank of India; Weizmann Forex; EbixCash; Akbar Forex; Keep in mind that, in the Departure section, EbixCash is the only currency exchanger after the immigration and security check.

What is the limit for exchange of foreign currency in India?

As per this circular by the RBI, the current limit for exchange of foreign currency into Indian currency is INR 5000 per week per person at any currency exchange center be it at any airport or in cities, provided, the person submits a self-declaration that he hasn’t made any exchanges in that week.

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How can I get Indian rupees equivalent to US$ in cash?

In exchange of your foreign currency, you can get Indian rupees equivalent to US$ 1,000 in cash (maximum) ii) If you are arriving after 6 months of your departure from India: In exchange of your foreing currency, you can get Indian rupees equivalent to maximum of US$ 3,000 in cash

Is ebixcash the only currency exchanger after the immigration check?

Keep in mind that, in the Departure section, EbixCash is the only currency exchanger after the immigration and security check. The counters of all the 4 exchangers are open 24 hours. The exchange rates for both buying and selling foreign currency offered by all the 4 exchangers is mostly the same.