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What is an NRE & NRO account? How to Transfer funds from an NRO account to an NRE account?

NRIs (Non-Resident Indians) who earn income both domestically and overseas often find it difficult to manage their finances. Moreover, they have difficulty transferring money back to their domestic accounts and tracking down foreign bank accounts. NRE and NRO accounts can solve all these problems. The… Read More »What is an NRE & NRO account? How to Transfer funds from an NRO account to an NRE account?

RemitX ties up with All India Chess Federation, an affiliate of FIDE as a Foreign Exchange Partner for the 44th FIDE Chess Olympiad

RemitX, the Foreign Exchange brand of Capital India Finance Limited was awarded the sole Mandate by the Chess Federation of India, an affiliate of Fédération Internationale des Échecs (FIDE) for the 44th Chess Olympiad as their partners to provide Foreign Exchange services to the International… Read More »RemitX ties up with All India Chess Federation, an affiliate of FIDE as a Foreign Exchange Partner for the 44th FIDE Chess Olympiad

Why does the Foreign Exchange rate vary between Different Sources such as Banks and other Money Changers or Websites?

Are you looking to purchase or sell foreign currency and want to know about the exchange rate? If yes, then you are on the right platform, many believe that these rates depend on inflation. However, there are many other factors that also matter in the… Read More »Why does the Foreign Exchange rate vary between Different Sources such as Banks and other Money Changers or Websites?