This is a free service only for our guest users. Rate check allows guests to check 3 live rate transactions for cash / tom / spot and forward with the rate offered by the bank.
You will get to see the difference in the rates offered by the bank and Our App will give you the exact calculation of Profit or Loss in that transaction.
| INTENSITY | BANK SEGMENT | ANALYSIS |
| LOW | Public Sector Banks / Cooperative banks | Cash / Tom / Spot – 2 to 30 paisa, USD / INR Forwards / Bill Discounting – 15 to 50 paisa |
| MEDIUM | Private Sector Banks | Cash / Tom / Spot – 10 to 50 paisa, Forwards / Bill Discounting – 20 to 150 paisa |
| HIGH | Foreign Banks | Cash / Tom / Spot – 20 to 120 paisa, Forwards – 20 to 200 paisa |
| MARGIN | PRODUCTS |
| LOW | Public Sector Banks / Cooperative banks |
| MEDIUM | EUR/INR, GBP/INR - Cash / Tom / Spot / USD-INR Forwards / Bill discounting |
| HIGH | EUR/INR, GBP/INR Forwards |
| MARGIN | CURRENCIES |
| LOW | USD/INR, HKD/INR, CAD/INR |
| MEDIUM | JPY/INR |
| HIGH | EUR/INR, GBP/INR |
Rate check allows guest users to compare live rates with the rate offered by your bank.You can check at most 3 transactions.You will get to know the money you have lost in the transaction.
Routeforex is equipped with the most sophisticated dealing room.Rates are picked up from multiple sources including more than 40 banks across the country with support from updating and feed.
You can check maximum of 3 transaction. If you are convinced that banks overcharges you, then you have reached to the right place. Register yourself with us for our forex transaction processing services.You pay us only a fraction of your savings.For more details read our FTP FAQ.
We are ex-bankers with a combined experience of more than 30 years having worked in private bank treasuries and have handled millions of transaction.We are expert in this field so when we negotiate we ensure you pay only what you agreed for. We have deployed the same infrastructure as in any bank dealing room.
Each saved penny adds up your profits and at the year end these savings gets accumulated to significant amount. And today you might be small but 3 years hence you can be big.Bring right practice in your organisation today.
Bankers are here for business? What is the surety that bank will not overcharge you in future? It is not just about trust but bringing professionalism and right practice in your company.
Involving Routeoforex will bring down the margins of the bank and vice versa bring savings to you.So it is detrimental for banks to allow clients to outsource rate bookings to RouteForex.As corporate you might have outsourced your accounts activity to CA who handles and negotiate with the bank regarding accounting on your behalf similarly banks outsource their back office operations to third party.So it is you who will decide who has to handle which transaction.
This practice isn’t new and it is the best way for banks to make higher margins.Here in Routeforex, we will guide you and handhold you to streamline this process.
No, Its completely free for the clients looking to check 3 transactions.By the end of the third rate check you will be clear if you get genuine rates from the bank.
You pay us only after RouteForex has transacted for you. You do not pay any upfront amount or retainer amount and what you will pay us will be just a fraction from your savings.
Routeforex deals with serving more than 200 corporates across India and negotiating rates with more than 40 banks on behalf of our clients.
