I sold some of my RSU holdings and wants to wire the money to Indian bank account but I see a high conversion fee with my current citi bank.
Any suggestions on what bank in India offers best rate for inward remittances?
Go for PSU banks, I used PNB and got around 30-40paisa less from live conversion rate
All bank issues daily conversion rates in pdf. Google it for a few banks and you can compare to get an idea. There may be additional charges/tax from the bank other than conversion rate.
Idfc is cheapest
My bank account 😆
Which one did you use? I just checked PNB and IOB offering around 83.28 TT Buy rate today around 20 paise difference that actual rate of USD/INR
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