| Money Issues and India Travel - A forum to post money related questions about traveling in India. This is the place to ask about access to ATMs, use of credit cards, and cashing Traveler's Checks! |
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#1 |
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Member
Join Date: May 2009
Location: London
Posts: 32
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trip to india for 23 weeks!}
hello guys!!
we going to India for almost 6 months.what is the best for exchange the money?? travel cheque,amex card?? we really don`t want take cash..any one know how much is the rate to exchange travel cheque in India?? please help! thank u.] joanna@riki |
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#2 |
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Member
Join Date: Jul 2007
Location: Chicago area
Posts: 55
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Your best rate will generally be at the same company that issued the travelers check -- if you have Thomas Cook checks, go to a Thomas Cook office; if American Express, go to an American Express office. Second best would be at a major bank: Bank of India, State Bank of India, Citibank,etc. in one of the main cities.
Be prepared to wait awhile while you cash checks. The teller will take a copy of your passport and visa (if you bring a copy, it will go faster) and sometimes they take time to check the serial numbers against the lost/stolen lists. Change enough travelers checks in a major city (Delhi, Kolkata, Mumbai,etc) to get you to the next main city. For your hotels, you might want to use credit cards -- there will be a conversion fee but it might be worth it as you will have to carry less cash around and can use your rupees for meals,tours, souvenirs and other smaller purchases. ATM/Cashpoints are everywhere.
__________________
Journey far..... Walk in Peace. |
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#3 |
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8 years in India
Join Date: Mar 2007
Location: Switzerland
Posts: 978
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TCs is not the way to go anymore.
exchange rates here http://www.hindu.com/2009/07/25/stor...2599971000.htm or here: www.xe.com I had a bad experience with an Amexco office, getting an extremely bad rate. A hassle to find the offices. Take a travelcash-card instead. I suggest to take a travelcash-card instead of cheques. www.mytravelcash.com Plus/Or any ATM card |
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