Foreign Currency Cash

Features of Foreign Currency Cash

Ease of Use

  • Collect your cash in foreign currency from the nearest branch.
  • Convert foreign currency (unused but excluding coins) into cash  into ‘₹’ at HDFC Bank branches at competitive rates.
    • Currency notes will be provided, subject to availability at our branches.
    • HDFC Bank reserves the right to decline any forex cash exchange transaction if submitted documents do not comply with internal compliance and RBI guidelines.
  • Get started in 3 easy steps
    • Step 1: Walk into an HDFC Bank branch
    • Step 2: Submit Form A2 and the required documents
    • Step 3: Collect your cash
Ease of Use

Permitted Sum

  • For business trips or vacations, carry foreign currency cash up to USD 3,000 or its equivalent. You can load extra funds onto a Forex Card as needed.
Permitted Sum

Currency Range

  • A range of 15 global currencies are available, viz:

UAE Dhiram

(AED) 

Australian Dollar

(AUD) 

Canadian Dollar

(CAD) 

Swiss Francs

(CHF) 

Thai Bhat

(THB) 

Japanese Yen

(JPY) 

Malaysian Ringgit

(MYR) 

New Zealand Dollar

(NZD) 

Omani Rial

(OMR) 

 Euro(EUR) 

Great Britain Pound

(GBP) 

Hong Kong Dollar

(HKD) 

Saudi Riyal

(SAR) 

Singapore Dollar

(SGD) 

United States Dollar

(USD) 
Currency Range

Fees & Charges

HDFC Bank Foreign Currency Cash fees and charges

  • Foreign Currency Cash services without any fees. Only GST charges will apply to these services.

  • Convert unused currency back into Indian rupees.

Goods and Services Tax: All foreign exchange transactions are subject to the imposition of Goods and Services Tax (GST), which is payable in addition to the mentioned charges. Currently, the applicable GST rate is as follows:

  • For commission, fees, and charges (including full value charges) paid: 18% applicable.

  • Foreign currency exchanged according to the slab provided below:

  • Up to ₹1 Lakh: 0.18% ACE or ₹45 - whichever is higher. (Maximum GST ₹180).

  • ₹1 Lakh – ₹10 Lakh: ₹180 + 0.09% of the amount exceeding ₹1 Lakh. (Maximum GST ₹990).

  • > ₹10 Lakh: ₹990 + 0.018% of the amount exceeding ₹10 Lakh. (Maximum GST ₹10,800). Click here to know more about fees & charges.

Ease of Use

Frequently Asked Questions

Yes, buying foreign currency in cash is possible from authorised dealers, banks, or currency exchange outlets. However, there are usually limits on the amount you can buy, and you may need to provide identification and adhere to regulatory requirements.

Through HDFC Bank’s Foreign Currency Cash services, you can carry up to USD 3,000 or equivalent in foreign currency cash when travelling for business or pleasure.

Yes, you can exchange unused foreign currency cash back into Indian rupees at HDFC Bank branches.

With HDFC Bank, you can access 15 global currencies, such as UAE Dhiram, Australian Dollar, United States Dollar, Euro (EUR), and Japanese Yen.

Foreign currency cash can be used for various purposes when traveling abroad, such as paying for goods and services, dining, accommodation, transportation, and other expenses. It provides convenience and flexibility for transactions in foreign countries.