Money Transfer - What We Do
We exchange currencies at the best rate and make international payments and money transfers simple.
We save you time and money by offering the best rates, zero commission and no fees. Online and anytime, 24/7.
How It Works
See how easy it is by viewing our 45 second demo.
What's New
FTT statement on Crown Currency liquidation.read more... Choose the target rate for your currency exchange.read more... FTT underwritten by A-rated insurer to £1M per claim.read more... Euro, US and Canadian same day payments.read more... NY listed broker partners with FTT.read more...Indian Rupee (INR) Money Transfer Information
The Indian Rupee (INR) is the currency of India. It is subdivided into 100 paise.
The Indian Rupee exchange rate generally floats and is determined by the market. However, there is some central intervention to keep the exchange rate constant with US Dollars.
It should be noted that there are restrictions sending Indian Rupees out of India.
Online Indian Rupee (INR) Currency Exchange Quote For Your Money Transfer
Real rates, no surprises. Don't be fooled by currency converters on other sites. They give you non-tradable rates just to get your attention. Use the tool below to get the best currency exchange rate from FTT for your Indian Rupee conversion and international payment or money transfer. The tool can be used to get the best currency exchange rate for buying Indian Rupees or selling Indian Rupees.
Money Transfers into India
Money Transfers into India in Indian Rupees are easy to process. Payments can be made within 3 days using an advanced payment provider such as FTT.
Payments will need a SWIFT/BIC code which is a unique code for the bank where the destination account is held. The SWIFT/BIC ID consists of between 8 and 11 capital letters and numbers.
Money Transfers out of India
Money Transfers out of India in Indian Rupees require some careful planning. First, you must ensure that you are permitted to send Indian Rupees out of India. You should check Government regulations and your Bank to ensure you can remit Indian Rupees overseas. Secondly, if you send the payment directly to another bank account which is not denominated in Indian Rupee, then the bank holding the account will charge you several percent to convert the currency. The best way to avoid this charge is to use FTT Currency as we hold an Indian Rupee account. This way your funds can leave India as Rupees and be converted at beneficial exchange rates to the currency of your choice.
Why FTT Currency for Indian Rupee Money Transfers?
FTT Currency are experts at exchanging and transferring Indian Rupees. We save you up to 90% of the cost of sending Indian Rupees overseas and save you time because everything is online. In a few minutes you can send your first payment. Your funds are processed through protected client accounts at Barclays Bank and are fully insured against fraud or negligence by an 'A' rated insurer.
Latest Indian Rupee News
Yesterday's Trading (03-Feb-2012)
GBP/INR - closing market price was 77.4100 with a low of 76.5500 and a high of 78.6900.
USD/INR - closing market price was 48.9500 with a low of 48.4500 and a high of 49.7700.
EUR/INR - closing market price was 64.4100 with a low of 63.6300 and a high of 65.3500.
