Q:

Where can Indian rupees be exchanged for American dollars?

A:

Quick Answer

Travelers with an account at Bank of America can exchange Indian rupees for U.S. dollars at any full-service Bank of America location. Individuals who do not have a Bank of America account can exchange Indian rupees for U.S. dollars at Travelex Currency Services locations.

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Where can Indian rupees be exchanged for American dollars?
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Full Answer

Travelers using Travelex Currency Services to exchange Indian rupees for U.S. dollars can send their Indian rupees to the Travelex vault or exchange the currency in person. Travelex has over 200 locations in the United States as of 2015. The company purchases most major currencies, except for the Iraqi dinar, Argentinean peso and any legacy currencies from countries now using the Euro. Travelex does not exchange coins by mail, but some Travelex locations accept large value coins. Travelex mails checks in U.S. dollars to travelers within five days of receiving the foreign currency. Delivery by U.S. Postal Service takes an additional seven to 10 days.

Bank of America's website allows users to view current currency exchange rates and search for the nearest full-service location by entering a ZIP code. Bank of America does not exchange foreign coins, but customers can order up to $10,000 in foreign currency every 30 days using the website. Customers pay for the foreign currency with their Bank of America checking or savings account, and Bank of America does not charge a fee for these transactions.

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