Best place to change money in Hyderabad?

Naresh12 · Jun 5th, 2009, 10:36

Hi all. I will be in Hyderabad later this month and some of my concerns are:

Where is the best place to change US dollars and pounds?

How much should I change at the airport? (please note my flight arrive at 5:05pm on the 25th) so I will need cash for taxi and to run me for the next morning

Are pickpockets common in Hyderabad?

Thanks all!!!

capt_mahajan · Jun 5th, 2009, 10:56

Change money at a bank or moneychanger. Hyderabad is not as geared as Delhi or Mumbai for foreign tourists, so a little bit of legwork may ensue.

Which part of Hyd will you be in?

At the airport, enough for cab and a day or two expenses, I think.

Pickpockets dunno, but I am careful and have never been pickpocketed.

Hal · Jun 5th, 2009, 11:13

There are ATMs all over the place so a debit card is useful. No need to carry much cash.
The only time I got pickpocketed in Hyderabad was at an IndiaMike meetup. I think it was billyshake.

Naresh12 · Jun 5th, 2009, 11:15

I will be in Gachibowli

capt_mahajan · Jun 5th, 2009, 11:29

Dunno about moneychangers there, maybe others can help.

There are quite a few banks there, though. Walk in with passport and enquire.

MTWB · Jun 5th, 2009, 13:42

There is a Thomas Cook where you can change money in that big round building in Hi Tech. What's it called, can anybody help?

They offer reasonable rates but you will need to take your passport and other documents with you as they are sticklers for this and won't change your money otherwise...

The airport offers pretty poor exchange rates but it is convenient - when i last went through I think it they were offering 68 as compared 71.5 - so depends upon how much care about a few percent verses convenience.

I expect you can get somewhere closer to Gatchibowli but remember the banks close early

nayan · Jun 5th, 2009, 15:42

Theres a HDFC bank in Gachibowli. it closes at 4pm on weekdays and 1 pm on saturday. its closed on sundays.

I dont know if you can exchange forex there though.

http://www.hdfcbank.com/personal/default.htm

There is an ICICI bank in kondapur(opposite jayabheri) which definitely does forex. Its about 5 mins drive from gachibowli crossing.

Andrey · Jun 6th, 2009, 21:27

When I came to Hyderabad I tried to exchange cash at ICIC bank but not successful. They say that they can change money and put it on my Indian bank account only (that I haven't) and transaction will take a few days...
Finally, I went to a branch of Thomas Cook located at Cybertower (mentioned by MTWB) and changed there without problems, they just asked me to show my passPorT

and that's all.

capt_mahajan · Jun 6th, 2009, 21:38

Quote:

they just asked me to show my password and that's all.

Love typos. I think that should be passport

VJ HAWK · Jun 6th, 2009, 21:40

Quote:

Originally Posted by Andrey

Finally, I went to a branch of Thomas Cook located at Cybertower (mentioned by MTWB) and changed there without problems, they just asked me to show my password and that's all.

What password? or you mean passport?

Andrey · Jun 6th, 2009, 21:59

Yep, of course passPorT and not passWorD

Fixed in previous message, thanks!

Naresh12 · Jun 8th, 2009, 10:30

thanks it was most helpful

one_day_as_a_lion · Jul 20th, 2009, 22:13

There's also another branch of Thomas Cook in Saifabad.

I initially exchanged money in Travelex then, later, in Thomas Cook. Thomas Cook has pretty good exchange rate. Don't believe in what others (like Travelex or the hotel you're staying in) say that their rate is the best and they get it from Thomas Cook.

Jun 5th, 2009, 10:36	#1
Naresh12 Member Join Date: May 2009 Location: Trinidad and Tobago Posts: 7	Best place to change money in Hyderabad? Hi all. I will be in Hyderabad later this month and some of my concerns are: Where is the best place to change US dollars and pounds? How much should I change at the airport? (please note my flight arrive at 5:05pm on the 25th) so I will need cash for taxi and to run me for the next morning Are pickpockets common in Hyderabad? Thanks all!!!

Jun 5th, 2009, 10:56	#2
capt_mahajan Infidel Sufi Join Date: Sep 2005 Location: styx Posts: 13,608	Change money at a bank or moneychanger. Hyderabad is not as geared as Delhi or Mumbai for foreign tourists, so a little bit of legwork may ensue. Which part of Hyd will you be in? At the airport, enough for cab and a day or two expenses, I think. Pickpockets dunno, but I am careful and have never been pickpocketed. __________________ . Outside the machine

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Jun 5th, 2009, 11:13	#3
Hal . . . _ _ _ . . . Join Date: Jun 2008 Location: Toronto Posts: 2,303	There are ATMs all over the place so a debit card is useful. No need to carry much cash. The only time I got pickpocketed in Hyderabad was at an IndiaMike meetup. I think it was billyshake.

Jun 5th, 2009, 11:15	#4
Naresh12 Member Join Date: May 2009 Location: Trinidad and Tobago Posts: 7	I will be in Gachibowli

Jun 5th, 2009, 11:29	#5
capt_mahajan Infidel Sufi Join Date: Sep 2005 Location: styx Posts: 13,608	Dunno about moneychangers there, maybe others can help. There are quite a few banks there, though. Walk in with passport and enquire.

Jun 5th, 2009, 13:42	#6
MTWB Me Oh Me Oh MY Join Date: Mar 2009 Location: Hyderabad, Andhra Pradesh, India Posts: 17	There is a Thomas Cook where you can change money in that big round building in Hi Tech. What's it called, can anybody help? They offer reasonable rates but you will need to take your passport and other documents with you as they are sticklers for this and won't change your money otherwise... The airport offers pretty poor exchange rates but it is convenient - when i last went through I think it they were offering 68 as compared 71.5 - so depends upon how much care about a few percent verses convenience. I expect you can get somewhere closer to Gatchibowli but remember the banks close early

Jun 5th, 2009, 15:42	#7
nayan Forum Leader Join Date: Aug 2006 Location: hyderabad/tokyo Posts: 1,930	Theres a HDFC bank in Gachibowli. it closes at 4pm on weekdays and 1 pm on saturday. its closed on sundays. I dont know if you can exchange forex there though. http://www.hdfcbank.com/personal/default.htm There is an ICICI bank in kondapur(opposite jayabheri) which definitely does forex. Its about 5 mins drive from gachibowli crossing.

Jun 6th, 2009, 21:27	#8
Andrey Professional lazybones Join Date: May 2009 Location: Hyderabad/India - Rishon-LeZion/Israel Posts: 17	When I came to Hyderabad I tried to exchange cash at ICIC bank but not successful. They say that they can change money and put it on my Indian bank account only (that I haven't) and transaction will take a few days... Finally, I went to a branch of Thomas Cook located at Cybertower (mentioned by MTWB) and changed there without problems, they just asked me to show my passPorT and that's all.

Jun 6th, 2009, 21:59	#11
Andrey Professional lazybones Join Date: May 2009 Location: Hyderabad/India - Rishon-LeZion/Israel Posts: 17	Yep, of course passPorT and not passWorD Fixed in previous message, thanks!

Jun 8th, 2009, 10:30	#12
Naresh12 Member Join Date: May 2009 Location: Trinidad and Tobago Posts: 7	thanks it was most helpful

Jul 20th, 2009, 22:13	#13
one_day_as_a_lion Member Join Date: May 2009 Location: Banana and Mango Republic Posts: 16	There's also another branch of Thomas Cook in Saifabad. I initially exchanged money in Travelex then, later, in Thomas Cook. Thomas Cook has pretty good exchange rate. Don't believe in what others (like Travelex or the hotel you're staying in) say that their rate is the best and they get it from Thomas Cook.