Monday, December 12, 2011

money exchange

Hi, I am going to take the forums advice to use A.T.M. machines to get cash while in Delhi and Jaipur. Will I be able to find machines which use the '; Cirrus '; type card which is my HSBC Premier card. Also if I want to take some ordinary currency with me to change, which will be best American Dollar or U.K Pound. Many thanks.

Ted

money exchange

Not all ATMs accept CIRRUS, but the ATMS of the following banks will accept them:

Foreign Banks

HSBC, ABNAMRO, CITIBANK

Indian Banks

HDFC - www.hdfcbank.com/personal/access/atm_faqs.htm

SBI - www.sbi.co.in/viewsection.jsp…

Axis Bank (earlier called UTI) -

ICICI Bank

The Indian banks have wider ATM networks and are very technology savvy.

Regards

Deepa

money exchange

hi deepa,

Thanks for the reply. I am still left wondering if I will be able to exchange pounds sterling cash.

Any takers on this question. Cheers, Ted


Why don%26#39;t you open the Nationwide flex account, you get better exchange rate and dont get charged for using it abroad.


And to answer your second question, yes you will be able to change Pounds Sterling in either cash or TC without any problems. Plenty of money exchange agencies around, so find one offering a good rate.


to coburg - thanks for this tip but its a bit too late as i am off next week and we do not have nationwide in jersey. to brave 1 - also thanks for your reply - any one know aprox how many rupees to the pound if bought in delhi many thanks ted


Hi,

XE.COM shows the present interbank conversion rate 1GBP=78.6 INR, so you can expect a buying rate of around 77 Rupees to the Pound.

You will get slightly more for TC than cash. If you exchange 400-500 at a time, you can ask for a higher rate. Do not exchange at hotels and at airports more than you have to. The money changers in the city give the best rates and are flexible if you ask.


Hi, Once again thanks to Brave1 for the reply. I did change some pounds for rupees here in jersey with Thomas Cooke but they only gave

65 rupees to the pound. Who are the money changers in the City please


Hi again Ted,

Money exchangers are there in almost all the major shopping malls and tourist areas in Delhi and Jaipur. Too many to count or name.

Banks will also exchange currency, but will involve time and paperwork.

Why don%26#39;t you do a search on currency exchange on the forum ? I have replied in detail in several threads like this in the past.


look for PRINCE PAN SHOP. they are money exchangers and are located in all major shopping complexes.

Western union also helps out. And if your in Delhi go to CP and every second shop will be a mooney exchanger. Seems like it%26#39;s good business.


hi, just returned from my trip and will give some comments later if anyone interested but at the moment just a few words on money changing. No trouble at all. Changed at the Airport at the Hotel - in the shops and all at a reasonable rate. The Hotel gave me 76r to £ and no commission. The worst deal was back home before I went with Thomas Cooke who only gave 65r to £. Thanks to everyone who replied. Cheers Ted

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