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Best Bank Account for Inward Remittance

  • Thread starter Thread starter WhoU
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WhoU

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I have HDFC salary and BOB savings account. I get RSUs and ESPPs and sell them to get money in my Indian account.

I use inward remittance quite often and HDFC is a pain with calling RM and asking them to get approval for better rates etc.

Do you guys have experience with this? Which bank gives best inward remittance rate with no manual process involved?
 
Total charges 1058₹
Forex rate 86.18

Wonder what would it have been for IOB? IOB today's tt sell is 87.97. Atleast 16K ₹ would have been saved for 16K $ remittance
I shared my HDFC account details over a year ago and had lost hope of receiving the money from the company. They unexpectedly transferred it. I could have saved thousands if I had done my research properly.
 
@zaid_2913 So HDFC didn't charge the flat intermediary 10$ fee?
Did you receive 15990$ actually or was it 16k$ from your company and then HDFC deducted 10$ intermediary and made it 15990$?
Also, crop or blur your account number in snapshot.
 
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