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A Question for fellow STM'ers from India - How to minimize cost while transfers (1)


08-01-2015 11:07 AM #1 jsid1008 (Member)
A Question for fellow STM'ers from India - How to minimize cost while transfers

Hey Guys

I want to minimize my costs to the minimum during receiving and sending payments from my bank account to abroad.

Which option should i go for so that i don't need to pay currency conversion charges or any other hidden costs while making/receiving international payments.

The thing is I'm having a bank account in INR , when i would like to load money to a traffic source, there is a fee occuring for exchange INR to USD.
There is a fees for international wire transfers as well.
My worry is all these costs will impact my ROI.

So I was wondering, how you guys are dealing with this ?

Any ideas to optimise costs would be more than welcome

Please shoot in with your valuable tips.


Thanks


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