When planning international travel, whether for business or leisure, preparation is the key to a hassle free experience. Amongst the most important things one needs to plan for is currency exchange. While most people feel buying, selling and transferring foreign exchange in Chennaiis an arduous task, it’s important to note that with the world going digital at a rapid pace, even this has changed. Hence forex is now available at the click of a button, just like many other services like ordering your favourite food, grocery items and just about everything else online.
Here’s a complete guide on how to get the best forex rates in Chennai:
Check out reliable online forex platforms
For a fuss free experience from the convenience of your home, check out some online forex platforms with proven credentials in the business. In fact, there are forex marketplaces that make the process so much simpler by comparing the rates on offer from forex be vendors and then offering you the best rate, hence saving you a lot of time and money.
Prefer live rates over fixed forex rates
Most currency exchange companies offer fixed exchange rates, with high hidden charges. On the other hand, there are forex companies and marketplaces that allow you to transact at real time market rates with negligible or no hidden charges, allowing customers to save substantially on forex orders. In fact, some platforms allow you to get notified via SMS, call or email when your desired rate goes live.
Freeze the rate
What if wetold you that you can now freeze the currency exchange rate when suitable rates are available? To avail this facility, look for a website where you can pay a small amount as advance to lock-in the rates for a certain period and complete the transaction at the rate. This amount is refundable, so you have nothing to lose.
Choose a forex travel card
This is the easiest and the most convenient mode of payment while travelling abroad. Visa powered forex cards are globally accepted not only for online transactions but also for ATM withdrawals and purchases made at merchant shops. The best part is that there are no extra foreign transaction charges. Just like a debit card, it is easy to carry and use. At the very same time, it is a better option as most debit and credit cards charge a whopping 6% conversion fee when transacting abroad. Some forex travel cards come with a fee while some others have no hidden charges attached to their travel cards. Therefore, it is important research thoroughly before narrowing down on the best option in order to get the best forex rates in Chennai. One needs to ensure the safety and security of the transactions that are made using this card.
Choose a vendor who offers end-to-end solutions
Several online platforms that help you with foreign exchange also offer other services like international wire transfers and foreign currency demand drafts in a fast, safe and economical manner. It is always better to use such platforms for all forex needs so that one doesn’t need to run from pillar to post every time there arises a need for foreign exchange. Once you narrow down on the right partner for currency exchange in Chennai, it will become easier to transact and travel thereafter. Not to forget, you might find attractive package deals on offer!
Earn rewards galore and save some more
If you find the right forex partner, you can earn loyalty rewards and referral rewards and save or earn even more on every order for money exchange. There are special student discounts available on some online platforms as well.
Home delivery of orders at negligible or no extra extra
Now you can even avail free doorstep delivery of your orders at a nominal cost or absolutely free of cost depending on the order value. This is a huge benefit for those looking for forex in Chennai.
Safe travel without the headache of currency exchange at the last minute is a bliss and it is possible. With everything becoming faster owing to so many great options available on the internet, currency exchangeis no different. It is important to spend some time figuring out what works best so that there’s no need to ever look for options again. Safe, secure and fast forex options are just a little research away! So find your best forex partner now instead of scouting around at the last minute….