Standard Chartered Forex Rate: Major Currencies, Process, Rates

Stanchart forex rate
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Standard Chartered is an international cross-border bank offering a wide range of services, including loans, currency exchange, prepaid travel cards, etc. Standard Chartered Bank offers currency exchange services and international money transfers. To avail of these services, you must be aware of the Standard Chartered Bank Forex rates, which allow hassle-free currency conversion and foreign remittances. Continue reading to find out more about Standard Chartered forex rates.

Standard Chartered Forex Rate

Standard Chartered Forex rates are the foreign currency exchange rates listed on their website at which one currency can be exchanged for another. You can exchange multiple currencies like USD, EUR, HKD, JPY, GBP, AUD, SGD, CAD, NZD, etc. Standard Chartered offers competitive foreign exchange rates for a wide range of currencies. These rates fluctuate constantly based on market conditions, supply, and demand.

Standard Chartered Forex rates are provided online through their online banking platform and mobile app (membership applies for real-time rates, with discounts offered for different membership tiers). This helps in transparent live rates offered to the users.

CurrencyStandard Chartered Forex Rates on Currency Notes
BuyingSelling
AED22.0623.42
AUD54.0957.45
CAD59.2262.91
CHF89.5995.18
DKK11.670412.2944
EUR87.0392.45
GBP102.77109.16
NZD49.2452.33
KRW0.05830.0619

Please Note: These forex rates are applicable as of 3 July 2024. You can check the latest forex rates on their official website since the currency exchange rates are volatile and change based on many economic factors.

Also Read: To understand the differences between the HDFC Bank Forex Card and Axis Bank Forex Card you must check out this blog: HDFC Bank Forex Card Vs. Axis Bank Forex Card.

Standard Chartered Foreign Exchange Solutions

Standard Chartered goes beyond just offering competitive rates. They provide FX facilities to cater to your needs, including expert advice and seamless transactions. You can benefit from the guidance of experienced professionals to make informed decisions about your foreign exchange transactions. Besides, you can enjoy a user-friendly online platform and mobile app for easy currency exchange and foreign currency transfers.

Standard Chartered Forex Rates: Remittances Services

Standard Chartered offers remittance services that allow you to send money internationally. The applicable foreign exchange rates for remittances may differ from standard forex rates. Be sure to inquire about specific rates for your remittance needs.

Standard Chartered Forex Rates: Currency Conversion

Standard Chartered offers features beyond just spot rates (executing a trade at the current market price)-

  • Individual Client Spot FX: Spot rate is the current exchange rate for the immediate exchange of currencies. With this, you can exchange currencies at the prevailing market rate.
  • Order Watching Service: You can also place limit orders, allowing you to specify a desired exchange rate and have the bank automatically execute the trade when the market reaches that rate.

Some important points-

  • This service is exclusive to Standard Chartered customers. Cash exchange is not available for non-customers.
  • The online “Foreign Exchange” channel operates from 6:00 am to 5:00 pm, Monday to Saturday (including public holidays).
  • The foreign exchange service is available on the bank’s Wealth FX platform. Rates are quoted in real-time, and transactions are executed immediately upon confirmation. Cancellations are not possible.

Also Read: Looking for a Forex Card from a private bank? Check out this blog on Yes Bank Forex Card

This was all about Standard Chartered Bank Forex rates. Consult your Relationship Manager for the latest details and discuss your specific foreign exchange needs with a Standard Chartered representative to ensure you make informed decisions. Apart from Standard Chartered Bank Forex rates, you can check Kotak Forex ratesPNB Forex rates, or HSBC Forex rates.

To know more about education loans, the best bank accounts for studentsforex cards, and banking experience for global students or international money transfers, reach out to our experts at 1800572126 to help ease your study abroad experience.

FAQs

What are Standard Chartered forex rates?

Standard Chartered Forex rates are the foreign currency exchange rates listed on their website at which one currency can be exchanged for another. You can exchange multiple currencies like USD, GBP, JPY, HKD, CHF, DKK, MYR, etc.

How can I know about Standard Chartered Forex rates?

Standard Chartered Forex rates are provided online through their online banking platform and mobile app (membership applies for real-time rates, with discounts offered for different membership tiers). This helps in transparent live rates offered to the users.

What are Standard Chartered Forex rates on remittance services?

Standard Chartered offers remittance services that allow you to send money internationally. The applicable foreign exchange rates for remittances may differ from standard forex rates.

What are Standard Chartered Forex rates on currency conversion?

Standard Chartered offers competitive foreign exchange rates for a wide range of currencies. These rates fluctuate constantly based on market conditions, supply, and demand.

What services are offered by Standard Chartered?

Standard Chartered is an international cross-border bank offering various services, including loans, currency exchange, prepaid travel cards, etc. Standard Chartered Bank offers currency exchange services, international money transfers, and many others.

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About Shubhika Garg

Hey there! I'm Shubhika- a proud graduate in English Literature and Language from Delhi University. My journey as a content writer transitioned from online teacher into the world of words. Stepping into the domain of blogs and articles, I discovered my passion for writing growing deeper and stronger. Having said that, I have experience of writing for diverse industries in automobile, technology, ed-tech, finance and mental-health; crafting details to help you find the solution to what you are looking for. Join me as I invite you all explore and learn together.

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