What are IndusInd Bank’s charges for international transactions?

IndusInd Bank charges a foreign currency markup fee (typically 3.5% + GST), SWIFT transfer fees, and possible intermediary bank charges. For a detailed breakdown, refer to our blog. https://www.moneyhop.co/blog/indusind-bank-fees-for-international-money-transfer/

Does IndusInd Bank charge a foreign exchange markup on international payments?

Yes, IndusInd Bank applies a foreign exchange markup fee, usually around 3.5% of the transaction amount. This can vary based on the type of card and account.

Are there additional hidden fees when using IndusInd Bank for international transfers?

Apart from the FX markup, there may be intermediary bank charges, SWIFT transfer fees, and recipient bank charges. Learn more: https://www.moneyhop.co/blog/indusind-bank-fees-for-international-money-transfer/

How much does IndusInd Bank charge for SWIFT transfers?

SWIFT transfers with IndusInd Bank typically come with a base fee, plus intermediary and receiving bank charges. The exact fee varies by transaction type—check our blog for specific details. https://www.moneyhop.co/blog/indusind-bank-fees-for-international-money-transfer/

What is the minimum amount required for an international transfer with IndusInd Bank?

The minimum transfer amount depends on the type of transaction and the destination country. Typically, SWIFT transfers have a minimum threshold.

How long does an international transaction take with IndusInd Bank?

It usually takes 1-5 business days, depending on the receiving country, bank policies, and whether intermediaries are involved.

Are IndusInd Bank’s international transaction fees competitive compared to other banks?

IndusInd Bank’s fees are in line with most Indian banks, but they may not always be the lowest. Comparing options like moneyHOP can help you find more cost-effective alternatives. Read our in-depth analysis in the blog. https://www.moneyhop.co/blog/indusind-bank-fees-for-international-money-transfer/

Does IndusInd Bank offer zero-fee or discounted international transactions for premium customers?

Some IndusInd premium accounts may offer reduced or waived fees on international transactions. Check with the bank or read our guide on premium banking benefits.

Can I avoid international transaction fees with IndusInd Bank?

You can reduce fees by using specific banking products, choosing the right transfer method, or opting for fintech alternatives. Our blog shares expert tips on cost-saving strategies. https://www.moneyhop.co/blog/indusind-bank-fees-for-international-money-transfer/

What’s the best way to send money abroad if I want to avoid high IndusInd Bank fees?

Alternatives like moneyHOP offer better exchange rates and lower fees compared to traditional banks.

Does IndusInd charge for receiving money from abroad?

Not directly, but intermediary banks may deduct fees.

What is the international transaction fee on IndusInd cards?

3.5% forex markup + GST on both debit and credit cards.

How fast is the transfer through IndusInd Bank?

Transfers usually take between 1–3 business days.

How does HOP Remit offer better value?

It has near-zero markup, no hidden charges, faster service, and full compliance with LRS and RBI norms.

Can I send money abroad using IndusInd Bank?

Yes, but you should compare exchange rates and total costs before proceeding. Always check the latest IndusInd Bank Fees for International Transactions before initiating your transfer.

Category – Finance

IndusInd Bank Fees for International Transactions: The Elite 2025 Guide

Updated On:

May 5, 2025

Karthik

When sending or receiving money across borders, knowing the true cost of international transactions is critical. For students paying tuition fees abroad, families supporting loved ones, and businesses managing imports or exports, the choice of service provider can mean the difference between financial efficiency and hidden losses.

This comprehensive guide to IndusInd Bank fees for international transactions in 2025 breaks down every relevant charge, exposes the hidden costs, and introduces a better, more transparent way to transfer money globally: HOP Remit by moneyHOP. Whether you’re planning to send funds overseas or just researching, this guide will help you fully understand IndusInd Bank fees for international transactions.

Complete Overview of Outward Remittance Fees at IndusInd Bank

Sending money abroad from India through IndusInd Bank involves several fee components. These are commonly referred to as IndusInd Bank outward remittance charges. Understanding these charges is essential for individuals comparing IndusInd Bank international transfer charges across various banks. Many customers look up IndusInd Bank fees for international transactions specifically for education and family maintenance transfers.

Transaction Type	Fee
Non-Trade Outward Remittance	₹83 per transaction
Direct Import Bill Remittance	₹83 per transaction
SWIFT Transfer Charges	₹83 per transaction
Commission in Lieu of Exchange	0.125% of remitted amount
Nostro Bank Fees	Varies by route/currency
Online Transfer via IndusNet	₹750 + markup + Nostro

One of the most impactful components in IndusInd Bank fees for international transactions is the exchange rate markup, which can go up to 3% above the mid-market rate. That means on a ₹100,000 transaction, you might lose ₹3,000 purely in markup. These IndusInd international transaction charges are often overlooked but can greatly affect your final cost.

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Inward Remittance Charges: What You Receive Isn’t Always What You Expect

While IndusInd Bank generally does not impose direct fees for incoming international transfers, there are still indirect charges. Many users search for the term “IndusInd Bank inward remittance rate,” which often reflects the bank’s handling of foreign fund conversion. This is part of the broader picture of IndusInd Bank fees for international transactions that customers should be aware of.

Service	Fee
Inward Wire Transfer	Usually Free
Intermediary Bank/Nostro Fee	May apply (deducted)

It’s important to remember that even when the bank doesn’t charge you directly, third-party banks involved in the transaction may deduct fees before the money reaches your account. These IndusInd Bank inward remittance charges can be unexpected and are part of why understanding IndusInd Bank fees for international transactions is vital.

Also read: SBI Bank Charges for International Transactions

Charges on International Card Transactions

The IndusInd Bank debit card international transaction charges and IndusInd Bank credit card international transaction charges are often overlooked by users making purchases abroad or online in foreign currency. These fall under the broader umbrella of international transaction charges on IndusInd credit card usage. All of this ties into a complete understanding of IndusInd Bank fees for international transactions.

Debit Cards: Around 3.5% foreign currency markup + GST

Credit Cards: Up to 3.5% forex markup depending on card type; premium cards like IndusInd Legend may offer lower rates

Activation Requirement: Must manually enable international usage via internet banking or phone banking

These charges significantly affect online purchases in foreign currencies or when swiping cards during travel. You can enable international transactions on IndusInd credit cards or debit cards through the official net banking portal. Many users also ask about IndusInd debit card international transaction charges, especially when traveling.

Read more: HDFC Charges for International Transactions

Processing Time for International Transfers

Many users search for IndusInd Bank international transfer charges along with processing timelines. Here’s what to expect:

Transfer Method	Timeframe
Telegraphic Transfer (Online/Branch)	1 to 2 business days
SWIFT Transfer	1 to 3 business days

Additional delays can occur if intermediary banks require further compliance checks, especially for transfers to countries with complex banking infrastructure. These timelines are relevant when users plan to send money abroad using IndusInd Bank and are trying to assess total IndusInd Bank fees for international transactions.

Additional Foreign Exchange Services and Charges

Service	Charges
Foreign Inward Remittance Certificate (FIRC)	Free
Advance Import Payments	₹83 per transaction
Export Bills under Letter of Credit (LC)	₹83 per bill
Bank Realisation Certificate (BRC)	Free

These services are essential for businesses engaged in cross-border trade but may still be subject to delay or third-party banking charges. They also add to the broader landscape of IndusInd Bank fees for international transactions.

Also know: ICICI Bank Charges for International Transactions

Hidden Charges That Make the Difference

While IndusInd Bank fees for international transactions may appear reasonable on paper, deeper layers often reveal:

Up to 3% Exchange Markup: This alone can inflate transaction cost massively

Undisclosed Nostro/Intermediary Fees: Taken off the amount sent/received

Currency Conversion Spread: Difference between what’s displayed and what’s applied

Partial Payment System: For online transfers, only 5% needs to be paid upfront; remaining within 24 hours, delaying actual transfer

For instance, a parent sending ₹800,000 abroad for their child’s tuition might lose over ₹25,000 cumulatively through markup and indirect charges. That’s why understanding IndusInd Bank fees for international transactions ahead of time is a financially smart move.

Is IndusInd Bank the Best Option for Global Transfers?

IndusInd Bank is a regulated institution with international remittance capabilities. However, when assessing international transaction charges on IndusInd credit cards or total costs to send money abroad using IndusInd Bank, it becomes clear that more affordable options exist. Many users search for phrases like “IndusInd Bank send money abroad” to explore these costs. An in-depth view of IndusInd Bank fees for international transactions helps you compare better.

Visual Reality Check: What Students Think vs. What Actually Happens with International Transfers

HOP Remit by moneyHOP: The Better, Smarter Alternative

HOP Remit is a 100% digital, mobile-first international transfer platform built for the needs of Indian users especially students and working professionals.

Here’s how HOP Remit compares:

Criteria	IndusInd Bank	HOP Remit by moneyHOP
Exchange Markup	Up to 3%	Near-zero
Nostro/Intermediary Fees	Variable, often undisclosed	Shown upfront
Transaction Fees	₹83 to ₹750 + markup	Flat, transparent charge
Transfer Speed	1–3 business days	12–24 hours
User Experience	Mixed (portal/branch required)	Seamless web/app-based process
Regulatory Compliance	Yes	Yes

Key Benefit for Students: HOP Remit allows document uploads (invoices, offer letters, tuition breakdowns) in-app, helping meet RBI and university compliance in a single flow.

Check our live exchange rates here

Why pay more for international money transfers when moneyHOP is here?

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ZERO convenience fees
Real-time updates
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Final Verdict: Your Money Deserves Better

Understanding the complete breakdown of IndusInd Bank fees for international transactions is essential in 2025. While the bank does offer a reliable remittance service, hidden charges, exchange markups, and delayed processing significantly impact the total value received.

HOP Remit by moneyHOP gives you control, clarity, and cost-efficiency. Whether you’re a student paying international fees or a business sending global payments, switching to HOP Remit helps you save more and send smarter.

Experience the better way to transfer money abroad. Try HOP Remit today.