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If the transaction is done in base currency (currency with which the card was loaded) , there is no exchange rate applicable. However, for transactions other than the base currency, exchange rates / conversion rates from the base currency to the local currency would be applicable as per fine rates applied by VISA/MasterCard.
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Applicants can also have the benefit of a dedicated professional relationship manager across all Kotak Bank branches all over parts of India. Forex rate will be applicable for transactions of up to or above $10,000. Enrolled NREs applicants can earn a 4% interest per …
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The Bank will charge cross-currency mark-up of 3.5% on foreign currency transactions carried out on Debit Cards. The exchange rate used will be the VISA / Master Card wholesale exchange rate prevailing at the time of transaction.
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Exchange foreign currency at interbank/ zero margin (above ₹1lakh)* exchange rates with Visa powered Forex cards that can be used worldwide for online transactions, at ATMs and merchant outlets abroad without paying any foreign additional fee. BookMyForex forex cards come with Zero hidden charges, Zero commissions and perfect interbank rates.
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2018/05/11 · How much foreign currency to carry and how to carry it are two questions you need to answer while planning a trip abroad. Using just cash is not advisable, especially if your holiday is a long one. Other than hard cash, there are a few other ways you can carry forex -- travellers cheques, plastic money in the form of debit and credit cards, and prepaid travel cards.
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Kotak 811 Limited Full KYC The Bank will charge cross-currency mark-up of 3.5% on foreign currency transactions carried out on Debit Cards. The exchange rate used will be the VISA / Master Card wholesale exchange rate prevailing at the time of transaction.
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Card rate will be applicable for all customer forex transactions at branches. 3. Card rates are for foreign currency conversion to INR. 4. PHP and MYR currencies are subject to market availability and regulations prevailing at the time of transaction.
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A foreign exchange transaction involves multiple fees apart from the exchange rate. Thus, we have to understand the following deciding factors before determining the best way for foreign exchange in India. #1 Determine the optimal Forex product Se
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