They all say - “exchange your currency from a trusted dealer” but do not suggest how. If you are about to travel outside India and need to exchange currency, then there are many options. Besides banks and airports, there are other establishments for hassle-free currency exchange in Chandigarh. You need to select a reliable company for the exchange. As a user, you must be searching for a company that has good ratings, and reviews and offers service at an affordable charge. Many users do not care for asking some vital questions before having transactions with a company they are using for the first time. Here is a list of five questions, you should ask a currency exchange provider before availing of their service -

Is your currency exchange service authorized?

This is one of the vital requirements for choosing an efficient and reliable service provider for currency exchange. Ask the customer care service of the particular company you have in mind. Enquire about the authorization. Besides the Reserve Bank of India, other nationalized banks offer exchange permits to the dealers. Your first preference should be an RBI-authorised money remittance company if you are not choosing banks and airports. People often avoid banks and airport services for currency exchange because of their exorbitant service charges. Besides, authorised money exchange dealers are offering better services too. Companies like RRSB Forex often offer handsome reward points along with their remittance and money conversion services.

How many currency exchange options do you offer?

Often people carry multiple currencies on their forex cards. Due to multiple international travels, many people search for a wide variety of currency exchange options. If your requirement is the same then ask about the available currency options to the customer care service. RRSB Forex is the top money exchange company in Chandigarh that offers an exchange of more than 25 different currencies. You can directly see the exchange rate options on the list chart available on the portal. It is better to opt for a company that has an exchange offer for a wide range of currencies.

How many years of market experience does your company have?

The market experience of a company is a deciding factor for its aspect of efficiency and reliability. When a company is in the market for more than 20 years in a row, it means it has a strong customer base. It further means that the company understands customer behaviour and demands quite well. If you are looking for a trustworthy company to put your money into, then this should be on your question list. RRSB Forex is a company that is a century old. It is in the market since 1920, marking its position from a period when India was under the British Raj. It is surely one of the most reliable companies in India currently.

What is the charge for your currency exchange service?

This is a vital query for every customer. No matter whether you are a new customer or have exchanged transactions for years, service charge is a matter of concern for everyone. Ask your company about the service charge. For most first-time customers, it is a deciding factor in finding an affordable currency exchange service. Compare the service charges with the service facilities provided by the companies. Come to a conclusion that suits your requirements.

Are there any special terms and conditions?

This is crucial because many companies keep hidden charges and conditions. Initially, they do not reveal them. You get to know about such terms and conditions after you have initiated the transaction. Hence, you should clarify your doubts from the customer care executives.

Keep these five questions in mind while searching for the best currency exchange in Chandigarh. Always take precautions when investing money. Especially in currency exchange transactions, stay aware as much as you can.

Conclusion- They all say - “exchange your currency from a trusted dealer” but do not suggest how. If you are about to travel outside India and need to exchange currency, then there are many options. Besides banks and airports, there are other establishments for hassle-free currency exchange in Chandigarh.