I use Kotak bank, they have really cheap conversion rates, and the good part is that, once you built a good professional relationship with them, they also reduce the percentage interest on home loan to some extent

Founder

I use a virtual bank account through Skydo. DM me for a referral and you’ll get some free payments.

Software Engineer

Folks who are doing contract work which bank account would you recommend.  1. Best exchange rate 2. Possibilities to take home loan

Welcome to Ask Grapeviners's Private Community

Folks who are doing contract work which bank account would you recommend. 
1. Best exchange rate
2. Possibilities to take home loan

Best bank to use for receiving salaries in AED/USD

Product Manager

Best bank to use for receiving salaries in AED/USD- Grapevine

Welcome to Software Engineers's Private Community

Hello,
I am expecting an offer letter from a company based outside India. They are quoting their salary figures in USD. 
I wanted to get an idea from the members of this group about the things to keep in mind while being paid in USD.
How much would I have to pay in conversion fees? Or does the employer typically take care of that?

I would need to provide them with invoices every month, for which they will pay me. So I have to take care of the tax on my own.

Does this mean that PF is not an option or can I deposit PF myself somehow?

What other kind of issues should I keep in mind?

Salary from Foregin Based Startup

Mechanical Engineer

Welcome to Moving Abroad's Private Community

In a bit of a dilemma. 

I joined a well-known / well -funded startup in a mid level role 3 days back.

A Dubai based startup that I had previously interviewed with a few months back, got back to me with a 30k AED / month offer yesterday.

Questions - 
1. Is 30K AED a good salary for Dubai, considering what I make in India?
2. Would it reflect badly if I leave the current company in the first week, considering I made them wait for 2 months of my joining (I don't see my role as super critical for them).

From a job role POV, the dubai role feels more fulfilling. The India role offers a better employer brand. 

What are your thoughts on what I should do?

55 LPA in India v/s 3.6L AED in Dubai - Confused.

Hi everyone, for those of you who live or work in Dubai, Abu Dhabi, or anywhere in the UAE or outside India, how do you transfer money back to India?

What is the most effective way, and what are the charges associated with remittance?

Sending money from Dubai to India

Strategy Consulting

Hi folks,

I want to move over to Dubai/AD area for a couple of years to build a decent corpus

I am 30 years old, have been working in tech for 8 years, current Indian salary 50 L

Feel like moving to Dubai for its tax policies. My idea is to save some 5 cr and return

Anyone moved to these areas recently can share some pointers?

Thinking of asking 100 k usd base salary plus house as benefit when I interview, is this something I can get?

Current designation: Tech lead at a medium size bank

Best way to relocate to Dubai/AD

Welcome to Personal Finance's Private Community

Which bank is offering best service in corporate salary account ? 

I have HDFC currently but looking to switch to IDFC as IDFC have better transaction limit then HDFC for ATM and also online !

Comments the best Bank with some special features too !

Salary Account ¿

Account Executive

I am thinking to switch to some UAE companies. How much monthly salary In AED should I ask if I am currently making 45LPA in Rupees.

#uae #dubai #inr #currency #overseas

How much monthly salary In AED (UAE/Dubai currency) if my annual Ctc is INR 45 lakh.

Software Test - QA

Working in EY and getting 45L as senior manager. Have a Dubai EY offer with 35k AED per month with manager designation. Need guidance on what to do ? 

In India, I have a stable job, got promoted, and have family support.

Dubai - Tax free salary, Demotion, travel to Saudi frequently as projects are Saudi based.  Closer to India etc

Need advice. Will move with wife and daughter.

First post! #Urgent #Need advice.

Consultant

Hey, has anyone moved to Dubai for work. 
A relative and a few friends moved recently and only have very good things to say. But wanted to get a balanced view. What are the pros and cons of moving there for work? My current understanding: 

Pros
-Tax free income 
-Cosmopolitan environment 
-Hopefully better work life balance

Cons
-Expensive overall (Rent, Food)
-Harsh weather 
-No easy path to citizenship

Dubai vs Bangalore

Marketing Manager

Seen enough posts about credit cards, thought it was time to ask about banks! 

I have a decently sizeable income and am anticipating more coming in USD in the coming months potentially. Earlier my family and I used to have priority accounts at Citibank (including one current account). Citi had good relationship managers and our issues were resolved on priority but ever since the merger, I feel Axis hasn't been that good. 

Which bank accounts do y'all have accounts in? Would want a bank where can establish good priority relationships etc with!

Best bank to have an account at?

Lawyer

I am starting my first job and have no clue how to select a bank for my salary account. We have been given the following options : HDFC Axis ICICI and SBI. 

What are the factors and which I can decide? Any help or personal experiences appreciated!

How to select a bank for a salary account ?

Management Consultant

Welcome to Business Roles's Private Community

Hi folks - could you help me with a tentative figure of what would be the equivalent of 50LPA in India, for Dubai? Trying to benchmark a figure for negotiations. Thanks in advance!

Salary equivalent in Dubai

Should I open a new bank account?
Or is my existing bank account fine?what all details should I share?
Which is better?

How should I get paid for remote job?

Hi, I will be travelling to Dubai soon just for 12 days. This is my first time stepping out of India and its only for a short duration. 

I need some recommendations on credit cards which has the following:

- 0 foreign markup fee. I should be able to withdraw cash and pay for things in dubai without worrying about the markup fee. 
- 0 or low currency conversion fee. 
- Should have decent credit limit upto atleast 1 lakh.
- 0 or very low joining fee
- 0 or very low annual fee
- After returning to India, I will be using it here. So it'll be great if it has shopping cashbacks. 
- Not interested in forex prepaid cards since we can't use it in India afterwards and it has a inactive fee. 
- I don't care about lounge access since its just a short trip.

Appreciate your suggestions. Also recommend what cards which you've used in past and if its good or bad.

Need recommendation on international credit card

Analyst

32yo, 8 yr workex (MBA). Currently at 50LPA + ESOPs at a startup
Have been offered 30k AED per month in Dubai. Should I take it?
Any particular threshold in AED terms I should have, given my current comp?

Dubai vs India salary

Hi, I'm a fresher. I want to know, are there any benefits of having a salaried account in a particular bank?
If so, which ones do you suggest would be the best one.
My office has a tie-up with HDFC bank.

Which bank for salaried account?

Hi Folks,

I will be travelling to the US in September end. I want some suggestions on how anyone who has been there makes their transactions. Do you use credit cards from your Indian banks, debit cards, or something like Niyo Global? To be honest, I have heard negative reviews of Niyo Global and how it has been shut down now. Can someone confirm this? Also, what could be the best way to make payments there? Thanks.

Best way to make transactions in abroad?

I'm considering a job offer in Dubai and I'm eager to learn more about life there. Specifically, I'd love to hear perspective on the cost of living and whether I'm being low-balled.

Any insights would greatly help me decide whether to make the move! TIA

Best bank to use for receiving salaries in AED/USD

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