1 AED+KOL = 22.4588 INR Interbank/ mid-market Rate at: 2022-12-07 22:40:52
|Buy AED Forex Card||₹22.6388|
|Sell AED Forex Card||₹22.2091|
|Buy AED Wire Transfer||₹23.0788|
|Buy AED Currency Notes||₹23.0026|
|Sell AED Traveler Cheques||N/A|
|Sell AED Currency Notes||₹22.1765|
|Buy AED Traveler Cheques||N/A|
|Buy AED Demand Draft||₹23.0788|
Dirham is the official currency of Dubai abbreviated as AED in the international currency exchange market. AED is also called as UAE Dirham. If you are a resident of India and planning to visit Dubai for leisure or business purposes, you would require UAE Dirham in cash or digital form in Dubai to transact.
Traditionally you can buy/sell UAE Dirham from multiple places including your bank or an authorized currency exchange dealer nearby you or at the airport itself but that would be a cumbersome and costly process. You would not only be required to visit these places but also purchasing UAE Dirham from these places may cost you dear as much as 6 to 9%.
On the other hand, you can convert Indian Rupees to UAE Dirham (INR to AED) online within a few clicks at BookMyForex.com with the comfort of your home and that too at the best UAE Dirham rates.
BookMyForex is India’s first and largest online currency exchange marketplace which provides a suite of forex products including foreign currency notes, prepaid forex card, foreign currency denominated demand draft, traveller’s cheque as well as wire-transfer facility.
Being a digitally enabled currency exchange marketplace, BookMyForex provides numerous advantages on foreign currency exchange services compared to other vendors such as banks or local money changers. Here is a comparative analysis between banks/local money changers and BookMyForex:
In comparison to conventional alternatives, such as banks and local money changers, BookMyForex offers the best UAE Dirham exchange rates in Kolkata as a currency exchange marketplace. Here is a more thorough analysis of why BookMyForex should be chosen over other platforms:
|Exchange Rate||At Live Rates (Dynamic)||At Fixed Rates|
|Exchange Rate Margin||Low||High|
|Online Order Facility||Yes||No|
|Rate Alert Feature||Yes||No|
As mandated by regulatory bodies, here is a list of documents which is required to be submitted by an individual to execute a foreign exchange transaction. If you are transacting with BookMyForex, you can upload the following documents online:
Orders received prior to 1 PM are delivered on the same business day. Any order received after 1 PM may still be delivered on the same business day but in the worst case, BookMyForex guarantees delivery on the next business day.
As per the Liberalized Remittance Scheme (LRS), a person is entitled to foreign exchange upto 2.5 lakh US dollar or equivalent in a financial year irrespective of the number of visits and the period of stay. Within the US $ 2.5 lakh limit, upto 3,000 US dollars or equivalent per visit are allowed to be carried in the form of currency notes(cash).