How can I exchange foreign currency coins in India?
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How can I exchange foreign currency coins in India?
The simplest means for currency exchange in India is through an ATM. You could use your ATM Debit Card of the country of residence to withdraw the required amount. Banks may charge an exchange rate transaction fee as well as a service fee when using your ATM card overseas.
Where can I take foreign coins to exchange?
Your bank or credit union is almost always the best place to exchange currency.
- Before your trip, exchange money at your bank or credit union.
- Once you’re abroad, use your financial institution’s ATMs, if possible.
- After you’re home, see if your bank or credit union will buy back the foreign currency.
Do banks buy foreign coins?
While most foreign exchange companies and large banks are willing to buy back international bills, it can be harder to find a home for unneeded coins. Unfortunately, you’ll probably have to take a loss on the coins’ face value in order to turn them back into money you can use.
How do I trade in foreign coins?
Visit an exchange station at an airport or port on the way back from your trip. Exchange the coins in the visited country before you leave, if at all possible, or at the airport once you arrive back in the United States.
Which banks offer foreign currency exchange?
Currency Exchange at Banks
| Banks | Details |
|---|---|
| Citigroup | no fee offers online ordering $5 fee (except for CitiGold and Citi Priority Account Package) free delivery to branch |
| PNC | no fee must exchange at branch |
| TD Bank | no fee must exchange at branch |
| U.S. Bank | redirects to Travelex, a foreign-exchange provider |
What should I do with old foreign coins?
If you have old or foreign coins try taking them to your local charity shop as many charities accept old and foreign coins to help raise valuable funds. You can also often donate foreign coins on your return flight from holiday.
Are foreign coins worth money?
Most foreign coins aren’t worth more than their face value, but old (more than 100 years old) and rare coins could be worth a lot of money. Keep in mind, too, that a modern foreign coin can be valuable—as legal tender or if it is a rare collectible, like a limited-edition commemorative coin.
What can I do with foreign coins?
10 Things You Can Do with Leftover Foreign Coins
- Give Them As Gifts. Think about the people in your life and consider if they’d enjoy receiving a coin or two.
- Donate Them to Charity.
- Make Coin Magnets.
- Head to Starbucks.
- Store Them Away.
- Loan Them to Friends.
- Trace the Coins.
- Line a Picture Frame.
Are foreign coins worth anything?
Most foreign coins aren’t worth more than their face value, but old (more than 100 years old) and rare coins could be worth a lot of money. And just like domestic coins, the condition of the foreign coin is of paramount importance.
Does the post office exchange foreign money?
You can easily go back to your local bank, credit union, post office or currency exchange counter after you return. Keep in mind that many of these places don’t accept coins, so try to spend those first and save the bills for later. You can also sell foreign currency on eBay.