Foreign Currency Exchange

At Mythri Forex, we make buying and selling foreign currency simple, fast, and convenient. We provide reliable foreign currency exchange services in Hyderabad for customers travelling abroad for tourism, education, business, and other permitted purposes. Our service covers both buying foreign currency from us and selling unused foreign currency back to us after your trip. We maintain an extensive inventory of 30+ international currencies, allowing customers to obtain commonly required currencies conveniently. Our service is designed around competitive exchange rates, transparent transaction charges, quick processing, and professional assistance. When you purchase foreign currency from Mythri Forex, we verify your required documents, calculate the transaction based on the applicable exchange rate and charges, collect your payment, and hand over the foreign currency after successful completion of the transaction. We also purchase eligible leftover foreign currency from customers returning to India and provide the equivalent INR amount after completing the required verification.

1. 1

   Tell us what currency you need

   Tell our team your destination, the foreign currency you require, and the amount you want to purchase.

2. 2

   Submit your documents

   Our team verifies your passport, PAN card, visa, flight tickets, and any other applicable documents to meet Indian foreign-exchange and KYC requirements.

3. 3

   Calculate the transaction amount

   We calculate the amount payable based on the applicable exchange rate, GST, and applicable forex transaction fee.

4. 4

   Make the payment

   If the total amount payable is ₹50,000 or less, you can pay by cash, UPI, or bank transfer. If it exceeds ₹50,000, payment must be made through bank transfer, completed before the currency is handed over.

5. 5

   Receive your foreign currency

   After successful document verification and payment, the foreign currency notes are handed over to you, subject to availability and completion of all applicable requirements. We issue currency notes only, not coins.

• What currency exchange services does Mythri Forex offer?

  We make buying and selling foreign currency simple, fast, and convenient for customers travelling abroad for tourism, education, business, and other permitted purposes. This includes buying foreign currency from us before your trip and selling unused foreign currency back to us after you return. We maintain an inventory of 30+ international currencies.

• Which currencies does Mythri Forex offer for exchange?

  Mythri Forex provides access to 30+ international currencies, including major currencies such as US Dollar (USD), Euro (EUR), British Pound (GBP), and Thai Baht (THB), along with a wide selection of other international currencies subject to availability.

• What documents are required to buy foreign currency?

  Depending on your travel circumstances, you may need a valid Indian Passport, valid PAN Card, valid Visa (where applicable), and confirmed round-trip flight tickets (particularly where a pre-issued visa is required). Other supporting documents may apply based on the transaction and applicable regulations.

• Can I pay in cash if my currency purchase is above ₹50,000?

  No. If the total amount payable exceeds ₹50,000, payment must be made through bank transfer. For amounts of ₹50,000 or less, cash, UPI, or bank transfer are all available. The limit cannot be worked around by splitting a purchase: all purchases made within any 30-day period are treated as a single transaction for this rule.

• Do you exchange foreign coins?

  No. Mythri Forex deals in currency notes only. We do not issue foreign coins when you buy currency, and we cannot buy coins back when you sell unused foreign currency after returning to India. If you are travelling home with loose change, it is worth spending it before you fly, since only notes can be exchanged at our branches.

• What documents are required to sell foreign currency back to Mythri Forex?

  For a standard foreign currency sale transaction, you need to provide your Passport and PAN Card. Our team will verify the documents and the foreign currency before completing the transaction. We buy back currency notes only, foreign coins cannot be exchanged.

• How much foreign currency can I purchase?

  Under the Liberalised Remittance Scheme, a resident individual can draw up to USD 250,000 of foreign exchange in a financial year, combined across all permitted purposes rather than fresh for each transaction. Within that, physical foreign currency, notes and coins combined, can be sold to a traveller only up to the equivalent of USD 3,000, and any balance is taken on a prepaid forex card. Mythri Forex issues currency notes only. The amount available to you also depends on the purpose of travel, applicable foreign-exchange regulations, your documentation, and currency availability.

• How long does a currency exchange transaction take?

  Our streamlined process is designed to complete a typical currency exchange transaction in under 10 minutes, provided documents are complete and valid, the requested currency is available, payment requirements are satisfied, and no additional verification is required.

• What are the charges for currency exchange?

  Your transaction may include the applicable foreign exchange rate, GST on the relevant forex transaction/service components, and a forex transaction fee. The final amount payable depends on the applicable exchange rate, currency, transaction amount, GST, and forex transaction fee.

• Should I carry a forex card or foreign currency cash for my trip?

  Both have a place, and many travellers carry a mix of the two. A forex card lets you spend electronically without carrying large amounts of physical cash, can be reloaded if you need more funds while abroad, and is useful for card-accepting merchants, hotels, and online bookings. Foreign currency cash is better for smaller everyday spends, destinations or vendors that don't accept cards, tipping, and situations where you want funds in hand immediately without depending on card networks or ATMs. Mythri Forex offers both services at all three branches, so you can decide the mix that suits your travel plans and load or purchase accordingly.

• RBI guidelines

  RBI Guidelines for Currency Exchange

  What the Reserve Bank of India's rules mean for you when you buy or sell foreign currency notes in India.

  Read guide
• Before you travel

  Foreign Travel Checklist

  A step-by-step list of what to arrange before you fly, from documents and currency to cards and contact numbers.

  Read guide
• Currency authenticity

  How to Check if a Currency Note Is Genuine

  Security features to look for in the ten currencies travellers from Hyderabad handle most, one guide per currency.

  Read guide

• Secondary service

  Travel/Forex Cards

  Forex card issuance and reloading so travellers can carry and spend foreign currency electronically.

  Learn more
• Secondary service

  Western Union

  Authorized Western Union agent services to send and receive money internationally.

  Learn more