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Sending Money to Axis Bank (formerly Citi) in India? Your Currency Options

The merger of Citibank's consumer banking business with Axis Bank has left some customers wondering about which currencies are accepted for international transfers. Here's what you need to know:

Good News: Axis Bank accepts wire transfers in all major foreign currencies.

This means you have a wide range of options when sending money from abroad, including but not limited to:

• US Dollar (USD)
• Euro (EUR)
• British Pound (GBP)
• Japanese Yen (JPY)
• Australian Dollar (AUD)
• Canadian Dollar (CAD)
• Swiss Franc (CHF)

...and many more!

Where to Find the Full List:

Axis Bank provides a comprehensive list of all accepted currencies on their website. Look for their section on international transfers or inward remittances, and you'll find the complete list.

Important Considerations:

• Conversion: Even if you send money in a currency other than Indian Rupees (INR), it will be automatically converted to INR when it reaches your Axis Bank account.
• Exchange Rates: Keep in mind that exchange rates fluctuate. It's wise to compare rates and choose a time to transfer when the rate is favorable to you.
• Fees: Your bank or the remittance service you use may charge fees for international transfers. Be sure to inquire about these costs beforehand.

Why This Matters

Understanding which currencies Axis Bank accepts is crucial for:

• Avoiding Delays: Sending money in an unsupported currency can cause delays or even lead to the transfer being rejected.
• Saving Money: Choosing a currency with a favorable exchange rate can help you maximize the amount received in your Indian account.
• Planning Ahead: If you need to send a less common currency, confirming it's accepted by Axis Bank helps you avoid last-minute surprises.

Remember: