FX Retail

FX-Retail

CCIL Platform

FX-Retail

CCIL Platform

At a Glance
FX-Retail is an electronic trading platform introduced by the Reserve Bank of India and developed by the Clearing Corporation of India Ltd. (CCIL) for buying or selling foreign exchange for all banking customers.
FOREX Audience

For all FOREX participants including importers, exporters, corporates, MSMEs, individuals and NRIs 

Anonymous

Anonymous, order-driven platform for dealing in USD/INR 

How it Works

Click here to register. 

Kindly note that an additional terms and conditions document of DBS Bank needs to be submitted in physical form at the branch to avail this service.

Fees & Charges

 Registration Charges
 Individual  Rs. 300*
 Non-Individuals  Rs. 1,000*
 Transaction Charges
 Up to USD 50,000 in a day  No Charges
 Above USD 50,000 in a day  0.0004% on the entire transaction value in INR*

 

*GST is applicable on the above charges
The above charges are levied by CCIL and are collected by the Bank for usage of FX-Retail platform. Transaction processing charges levied by the bank shall additionally apply, wherever applicable.

 

Important note

Prior to buying or selling foreign exchange on FX-Retail:

  • Bank needs to set limits and mark-up for customer on the platform.
  • Receive a confirmation from the bank for receipt of FCY funds.
  • For Outward Remittance: Requisite documents and other requirements as stipulated by the Bank must be completed

 

For any further details or clarifications please reach out to your DBS Relationship Manager.