Standard telegraphic transfer - over equivalent of 500 USD Standard telegraphic transfer - under equivalent of 500 USDĥ00 INR + exchange rate markup + correspondent bank fees Here’s what you need to know about HDFC international remittance fees: Transfer type Specialist services like Wise and Western Union may have more transparent charges, and are also easy to sign up with and use, online and in-app. That’s not transparent and can mean it’s hard to see exactly what you’re paying overall - or what your recipient will get in the end. The fees you’ll pay when you make an HDFC international money transfer include SWIFT charges and an exchange rate markup. No transfer fee, but a markup is added to the mid-market exchange rate Providerġ,000 INR + exchange rate markup + correspondent bank fees Here’s what you’d pay if you were sending a standard transfer of 100,000 INR to a GBP denominated account, with HDFC and a few specialist services. To give an idea of how HDFC compares with other payment services, let’s look at an example. Transfer fee - this varies depending on the value of the payment you’re sendingĮxchange rate markup - a percentage rolled up in the exchange rateĬorrespondent bank fees - paid to other banks involved in processing the payment

When you transfer money abroad with HDFC there are a few different costs to consider: Learn more about Wise HDFC international money transfer comparison Instead check out specialist services like Wise and Western Union which operate online and in-app, and may be able to offer a cheaper, faster and more convenient option. International remittance services are offered only by visiting an HDFC branch - which can be a hassle. HDFC is India’s largest private sector bank - but that doesn’t necessarily mean it’s the right option for your overseas transfer. We’ll walk through all you need to know about the HDFC international bank transfer process, how much it costs, the exchange rate and limits. Looking to send a payment overseas? Before you set up your HDFC international money transfer, read this guide.

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