Open an NRI Savings Account

 

At a Glance

Are you an NRI looking for the best currency rates to transfer money between the UK and India? Try our online currency converter and get accurate GBP to INR rates instantly. Read on to know more about GBP conversion to INR.

 

Factors affecting conversion rates

Some of the significant factors influencing GBP to INR conversion rates include inflation and interest rates, trade terms, economic stability and government policies. A currency's demand and supply between the two countries also influence currency conversion rates.

 

How to get the best GBP to INR rates

You can get preferential currency conversion rates from DBS Treasures via these mechanisms:

  • Reach out to your dedicated NRE or NRO account Relationship Manager
  • Contact our customer care

Open an NRI Savings Account

 

When is it the best time to convert?

The best time to send money to your loved ones in India is when the GBP is at its strongest. That way, you can get more Indian rupees for your funds. If you consider repatriation back to your account in the UK, then it is favourable to pick a time when INR is at its strongest. You can track the rates at least one month before conversion to ensure that you get the best rate.

Get started on calculating the most accurate GBP to INR rates with our online currency calculator. If you do not already have an NRE or NRO account, apply now and get preferential rates while transferring money between the UK and India.

 

How to Apply

Non-Resident External (NRE) Account
Sign up for a Non-Resident External (NRE) Account

Open an NRE Savings Account
Non-Resident Ordinary (NRO) Account
Sign up for a Non-Resident Ordinary (NRO) Account

Open an NRO Savings Account
 

Frequently Asked Questions

There is no limit on repatriating funds available in an NRE account. However, you can repatriate up to USD 1 million (and its equivalent in other foreign currencies) per financial year from your NRO account.


You need to enter both the currencies, the amount you want to convert and the calculator auto-populates the conversion rate.


No, the DBS Treasures currency calculator is free to use. Try it to get instant and accurate rates.


Our online currency converter enables you to calculate conversion rates between various currencies in seconds. It eliminates errors and saves time on manual calculations.