I am convinced that bank had wrongly charged me. Can I do something about it?
Yes, you could get a reversal. Of course, it would high degree of analytics to arrive at conclusion on extent of miss pricing; probability of getting reversal etc.
Was this FAQ helpful to you?
Related FAQs
- I am an exporter and have old relationships with most of the clients. One of my client has verbally confirmed an exporter order and he would issue Purchase order (PO) in coming days. Can I hedge currency risk on this order without having PO in hand?
- Is there a difference in the way bank computes exchange rate for export and import remittance?
- What are the main tips to get good exchange rate from bank?
- What are the interaction or communication channels through which we could book exchange rate with bank?
- What are the cut off time to book exchange rate with my bank?