If you work for an AD II (Authorised Dealer Category II) forex company in India, you already know that the most important thing is to integrate an accurate real-time exchange rate api for cross border transactions. Customers, whether they are students sending...
Why Exchange Rate APIs Are The Quiet Engine Behind Fintech: An Introduction Imagine this: you're in Paris, and you're using Apple Pay to pay for coffee on your phone. Your bank account back home is in INR, yet the transaction goes through right away in euros. Have you...
Selecting the best service provider is essential when it comes to managing your foreign exchange needs. Despite the abundance of choices, it is imperative to use money exchangers approved by the RBI to guarantee secure, legitimate, and transparent transactions. There...
Why Use RODTEP Scrips for Customs Duty? Customs duties in India can significantly impact your landed cost. But if you're an importer, there's a smart and legal way to reduce that cost: using RODTEP duty credit scrips. These scrips, issued under the DGFT’s export...
“ICEGATE scrip transfer is the official and compliant way to ROSCTL and RODTEP License Sale and buying and applying scrips for customs duty payment in India.” Trading in RODTEP and ROSCTL scrips can unlock great value for both exporters and importers — but only if you...
ICEGATE scrip transfer has become the most reliable and compliant way for importers and exporters in India to trade and utilize duty credit scrips such as RODTEP and ROSCTL. By routing every transaction through the Indian Customs Electronic Gateway (ICEGATE),...
The RoDTEP export incentive scheme India, or Remission of Duties and Taxes on Exported Products, is one of the most significant initiatives introduced by the Government of India to support exporters and boost international trade competitiveness. Launched in September...
In today's interconnected global economy, staying updated with live currency exchange rates is paramount, especially when dealing with the ever-fluctuating dynamics between the US dollar and the Indian rupee. For those seeking real-time insights into the dollar to...
What Is a Currency Forward Contract? A currency forward contract can be defined as buying or selling a specific currency at a specified future price for delivery on a specified future date. Who Can Book a Currency Forward Contract? Any importer or exporter having...
Travelling overseas is exciting because of the chance to experience new cultures, indulge in delicious cuisine, and make lifelong memories. But in all of the careful preparation and packing, one important component is frequently overlooked: carrying foreign currency...
Ever tried building a forex trading app and thought, “How hard could it be?” On the surface, it seems simple—just pull prices from a currency exchange rate API and display them to users. But in reality, foreign exchange data doesn’t arrive calmly; it moves fast,...
Changes in currency values are now one of the biggest threats to Indian exporters' revenues. Things like geopolitical tensions, shifting interest rates, and commodity cycles can make exchange values change a lot in just a few days or even hours. Because most Indian...
In the world of cross-border payments, prepaid wallets and multi-currency apps are battling hard for the title of “best exchange rate,” increasingly powered by transparent pricing built on a reliable Currency API. People don’t like losing money because of hidden...
