Hi,

I am planning to travel to india.

What is the best way to transfer funds - use credit cards, travellers cheques, take cash, use CITINRI etc

Also where are credit cards accepted? Are they widely accepted like here in canada?

can you encash travellers cheques at any bank - as I heard that sometimes you need to go to certain branches? Not sure if that is true ...

In terms of cash I am not so keen as it can get stolen.


thanks for your help

You can have it transferred to your Indian a/c thru ICICI, SBI, Citi etc...

Credit Cards are accepted in many stores in cities and major malls, but with the exchange rates, forex conversion fee etc, you will end up paying higher. Plus some credit card companies will block the transaction coming out of India for security reasons, unless you call and inform them specifically about your travel plans. Some shops in India will even charge you a 2-4% CC fees also, though that is not allowed by Visa/Master etc.