Change Currency / Forex
Best rates. Zero stress.
Live FX rates, zero-markup multi-currency cards, RBI-compliant tuition remittance, and cash for arrival — all in one pre-departure guide.
Forex Card
Pre-load multiple currencies. Use abroad like a debit card. Zero-markup options available.
Cash for Arrival
Up to USD 3,000 in cash. Ideal for first few days before your bank account opens.
Wire Transfer (Tuition)
RBI LRS-compliant remittance to your university. Guided by our partner AD-I banks.
Live FX Rates (₹ per 1 unit)
INDICATIVE🇺🇸
USD
₹83.5
🇬🇧
GBP
₹106.2
🇪🇺
EUR
₹90.8
🇨🇦
CAD
₹61.5
🇦🇺
AUD
₹54.8
🇳🇿
NZD
₹50.2
🇦🇪
AED
₹22.7
Indicative rates · not for financial transactions
Currency Converter
11.98 USD
Rates are indicative. Actual transaction rates from forex providers may vary.
Niyo Global (DCB Bank)
Best zero-forex card for students
Issuance Fee₹0
Reload Fee₹0
ATM Fee₹0 (2 free/month)
Markup0% forex markup
✓ Zero forex markup
✓ Free ATM withdrawals abroad
✓ Real-time exchange rates
✓ App-based card management
✓ VISA contactless
HDFC Multicurrency Card
Trusted bank-issued card
Issuance Fee₹500
Reload Fee₹75 per reload
ATM Fee₹100 per withdrawal abroad
Markup2–3% margin
✓ Widely accepted
✓ HDFC branch reload
✓ 24/7 customer care
✓ Multiple currencies loaded
✓ Insurance cover on card
BookMyForex Prepaid Card
Live-rate lock for predictable costs
Issuance Fee₹250
Reload Fee₹0
ATM Fee$2 equivalent per withdrawal
Markup0% (live rate at time of load)
✓ Lock live rates
✓ Delivered to doorstep
✓ No loading markup
✓ App balance management
✓ LRS-compliant
Documentation
Documents for Forex transactions
For Forex Card / Cash
- ✓ Valid Passport
- ✓ Student Visa
- ✓ University admission letter
- ✓ PAN card
- ✓ Self-declaration form (for amounts over ₹7 lakh)
For Wire Transfer (Tuition)
- ✓ Valid Passport
- ✓ Student Visa
- ✓ I-20 / CAS / CoE / LoO (university letter)
- ✓ Fee demand letter from university
- ✓ Form A2 (RBI LRS declaration)
- ✓ Bank account details (SWIFT, IBAN, routing)
TCS Alert: From October 2023, remittances above ₹7 lakh under LRS attract TCS of 5% (with PAN) or 20% (without PAN link). TCS is recoverable at ITR filing. Consult your CA. Palash Academy is a facilitator and not an RBI-authorised forex dealer. All transactions are processed by our licensed banking partners.