Category Archives: exchange rate

Foreign currency cheque collection fees – ICICI / HDFC bank

Posted on April 1, 2010 by admin

ICICI Bank For credits into ICICI Bank NRI accounts: Nominal foreign currency conversion charge of INR 25 (inclusive of Service Tax). In case, of cross currency conversion there will be a charge of USD 1, EUR 0.5, GBP 0.5, CAD … Continue reading →

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Paypal Export Codes

Posted on March 2, 2010 by admin

Paypal has published a list of export codes on their blog for bank withdrawals to business accounts, which will start from March 3, 2010. Most codes are applicable for goods exporters and service providers. For bloggers and online publishers, the … Continue reading →

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Paypal resuming local bank withdrawals to India

Posted on February 27, 2010 by admin

It appears that Paypal will be resuming bank withdrawals to India by March 3, 2010, but business account holders will have to provide an IEC (Import Export Code) number. I got the following email today: Dear ***, We have been … Continue reading →

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Paypal India bank transfers

Posted on February 21, 2010 by admin

For most users of  Paypal,  there has been no major update this week on transfers from Paypal to Indian bank accounts. Direct transfer of funds from Paypal to Indian bank accounts is still not possible.  Paypal seems to be contacting  … Continue reading →

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Currency converter

Posted on February 8, 2009 by admin

Real time currency conversion tool http://www.xe.com/ucc/convert.cgi?Amount=1.00&From=USD&To=INR

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