Bangalore, also called the IT capital of India, is a major hub for technology, education and innovation. The city is full of working professionals seeking opportunities at big MNCs abroad and students planning their future at an overseas university. Hence, it is no surprise that the city has an emerging need for forex. If you stay in this city and are in need of USD for travel, work or remittance purposes, make sure to check the US dollar rate today in Bangalore.
As the US dollar rate reacts to various real-time global market trends, it keeps fluctuating constantly. So, if you require currency exchange, it is vital to stay on top of the US dollar rate today. At Thomas Cook, we make tracking live buy and sell rates for the US dollar in Bangalore very easy. We also offer services of buying, selling and overseas fund transfers in USD and other foreign currencies.
Why You Should Track the US Dollar Rate in Advance?
Forex rates are not fixed, meaning the US dollar rate can go up or down depending on various market trends around the globe. Some of the key factors that affect forex rates are;
- Inflation differential,
- Rate of interest,
- Economic growth and overall condition,
- Geo-political events,
- Investor sentiment and market speculations,
- Demand for education, travel and remittance.
These market trends cause the US dollar rate to rise and fall. As the rate is not fixed, there’s no guarantee of getting the same value during currency exchange every time. Hence, it is vital to track the US dollar rate today in Bangalore as it lets you;
Lock in a rate you like
By tracking the US dollar rate today in Bangalore, you can find a favourable time when exchanging INR to USD gives you the best value. You can lock in that favourable rate and book your forex at the locked rate. It can help you save money while maximising the amount received.
Avoid inflated rates/hidden fees
By tracking the US dollar rate today in Bangalore, you can get some idea of how the rate fluctuates. It will help you stay away from inflated rates and hidden charges quoted by some dealers when you actually go on to book forex.
Do better financial planning
Whether it's about buying, selling or remitting funds, it is important to budget your finances ahead so you can plan correctly. For example, if you are heading to the USA for travel purposes, tracking today US dollar rate in Bangalore can help you accurately estimate the cost of hotels, flights, activities, sightseeing, etc.
Avoiding High Airport Exchange Rates
Some people make the mistake of changing currency at the airport. While it may sound convenient, note that the Bangalore airport currency exchange rate, or any airport in general, is bad. The forex counters at the airports often offer unfavourable exchange rates, and their services include high markups and hidden fees. You can end up being charged 10-15% more for the same deal compared to local authorised money changers.
Hence, you should always track forex rates in advance and buy from a trusted dealer. Thomas Cook makes tracking the US dollar rate in Bangalore easily accessible to all. Also, if you like the rate, you can lock it in and book your forex online via our website or from a local Thomas Cook outlet in Bangalore.
Book, Sell or Remit US Dollar from Anywhere in Bangalore
Thomas Cook operates throughout Bangalore, both offline and online. So, no matter if you are in Whitefield, JP Nagar, Electronic City or Malleshwaram, you can track, book, sell or remit US dollars anywhere from Bangalore with us. The forex services offered by us include;
- Prepaid travel card loaded with USD (for secure cashless transactions at better rates),
- US Dollar currency notes (for casual spending in the US),
- Overseas fund transfers in USD (for travel, medical, and other needs).
Thomas Cook offers a one-stop solution for all your forex needs in Bangalore. Easily track, sell, buy and remit USD via our online website or a nearby offline TC outlet.
How to Book US Dollars in Bangalore? – Step-by-Step
Here are the steps you need to follow to book US Dollars in Bangalore via Thomas Cook;
Step 1: Pick product, amount and purpose
Choose whether you want USD in cash, a forex card or both. Then, provide the reason, i.e., study, travel, film shoot remittance, medical travel abroad, etc., and pick an amount. After that, enter your contact details to get the quote for the booking.
Step 2: Add traveller details
On the next screen, provide details of the traveller(s) and the journey. Follow it up by submitting the essential KYC documents. Once done, pick whether you want a nearby branch pickup or doorstep delivery for the order.
Step 3: Complete online payment
Head to the secure payment gateway and pay for the order via any of the available online payment modes, such as credit card, debit card, UPI, netbanking, etc.
Step 4: Lock the forex rate and receive the order
Once payment is done, the rate will be locked, and the receipt of the order will be issued. You can use the tracking ID on it to track your forex order. It will soon be delivered as scheduled.
Why Thomas Cook?
- RBI-authorised currency exchange services.
- Competitive USD exchange rates with real-time updates.
- Full transparent procedure with no hidden charges.
- 140+ years of reputation.
- A wide range of services is offered, from buying forex to transferring funds abroad.
- Rate lock and rate alert features.
- 24/7 foreign currency exchange booking.
So, for any of your forex needs, starting from tracking the US dollar rate today in Bangalore to remitting funds in USD abroad, pick the foreign currency exchange services offered by Thomas Cook.