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Axis Bank is live on Fx-Retail


Introduced by the Reserve Bank of India and developed by the Clearing Corporation of India Ltd. (CCIL), FX-Retail is an electronic trading platform for retail banking customers to buy and sell foreign exchange.

This platform has been launched on August 05, 2019 and is available at https://www.fxretail.co.in. The Bank’s account holders can also use FX-Retail for which customer needs to register on the platform as a one-time measure. Subsequently, to execute any buy or sell transaction customer can approach their bank which will have the appropriate amount limit and mark-up defined in the FX-Retail platform for that transaction.

Registration Charges
Individual Rs. 300*
Non Individuals Rs. 1,000*
Transaction Charges
Up to USD 50,000 in a day No Charges
Above USD 50,000 in a day 0.0004% on the entire transaction value in INR*

* GST is applicable on the above charges

Please note that the above charges are levied by CCIL and are collected by the Bank for usage of FX-Retail platform. Transaction processing charges levied by the bank shall additionally apply, where ever applicable

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