SocialFinance Team 31

• asked 19h ago

Frequently asked questions about SocialFinance.in

Answers to common questions about how SocialFinance.in works: asking good questions, moderation, accounts, reputation, privacy and contact details.

site-help

0 votes

1 answers

8 views

SocialFinance Team 31

• asked 22m ago

AU account variant for zero markup

which account variant of AU is good to open & has all the facilities for international investing ?

zero-forex-markup au-bank

0 votes

1 answers

2 views

SocialFinance Team 31

• asked 3h ago

AU showing higher rate

AU is charging 95.81 even though IBR is around 95.21. What does zero forex markup cost mean here?

zero-forex-markup outward-remittance au-bank

0 votes

1 answers

21 views

SocialFinance Team 31

• asked Oct 26

I have a zero forex credit card, how can I make sure correct conversion is charged

I have zero-forex markup credit cards like IDFC, Scapia and Niyo. it sounds great but what would i actually be paying when i tap my card abroad? Can I check rate somewhere before using the card?

scapia-credit-card idfc-credit-card zero-foxex-card

0 votes

1 answers

4 views

SocialFinance Team 31

• asked Oct 26

Which is best third party platform (not banks) to received inward remittance to India

I am a freelancer/small business providing software services to outside India clients (Toptal/Upwork and a few direct US clients). Which is best third party platform (not banks) to received inward remittance to India for such business incom...

infinity xflow mulya skydo inward-remittance

0 votes

1 answers

5 views

SocialFinance Team 31

• asked Oct 26

AU customer care pushing for higher AMB account

So I am trying to switch to zero balance from royale. They told me to transfer (outward remittance under LRS) over 1 lakh in a year - we need atleast 10k balance account - is that true?

zero-balance-account minimum-balance lrs au-bank

0 votes

1 answers

8 views

SocialFinance Team 31

• asked Oct 25

AU to Paasa bank details

Need help. Transferring funds from AU to Paasa Unable to understand what to add in receiver's personal details. Is it going to be . Interactive Broker's Or my pasa account details

paasa outward-remittance au-bank

1 votes

1 answers

92 views

SocialFinance Team 31

• asked Oct 24

Purpose code when withdrawing from Paasa?

Does anyone have any idea what purpose code applies when withdrawing from Paasa? It would be inward remittance to Indian bank account

paasa foreign-investment

0 votes

1 answers

8 views

Pankaj Batra 3

• asked Oct 23

Do I need a premium or high-balance account with AU Bank to get the zero forex markup?

I am opening AU bank account for outward remittance under LRS, Do I need a premium or high-balance account with AU Bank to get the zero forex markup?

foreign-investment

0 votes

1 answers

8 views

SocialFinance Team 31

• asked Oct 9

Do software and service exporters need to file an EDF with their bank from October 2026?

My bank says service export receipts now need an Export Declaration Form (EDF). Is this new, what does it need, and do I need an IEC as a service exporter?

inward-remittance income-tax

0 votes

1 answers

1 views