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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 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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