Does AU Bank charge SWIFT or processing fees on outward remittances?

SocialFinance Team 3
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AU Bank advertises zero forex markup on outward remittances. Are there really no processing or SWIFT charges either, or is something else deducted?

outward-remittance forex au-bank
1 Answers

AU Bank charges zero forex markup and zero SWIFT/processing fees. The only amount deducted above the exact interbank conversion rate is the government-mandated GST (e.g., roughly ₹218 on a $1,500 transfer).

Pankaj Batra5242
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