MOTOSHARE 🚗🏍️
Turning Idle Vehicles into Shared Rides & Earnings

From Idle to Income. From Parked to Purpose.
Earn by Sharing, Ride by Renting.
Where Owners Earn, Riders Move.
Owners Earn. Riders Move. Motoshare Connects.

With Motoshare, every parked vehicle finds a purpose. Owners earn. Renters ride.
🚀 Everyone wins.

Start Your Journey with Motoshare

How to get Forex and Currency Exchanges in Karwar

Karwar
Posted on | by Anuj

Karwar, being a coastal town with a growing tourism industry, offers several options for currency exchange and forex services for international visitors. Here’s a detailed guide on how to get Forex and currency exchanges in Karwar, so new tourists and city visitors don’t have to look elsewhere for information:

1. Banks Offering Forex Services

Many nationalized and private banks in Karwar offer currency exchange services for foreign tourists. These banks are reliable and provide a safe environment for exchanging foreign currency into Indian Rupees (INR).

Banks to Consider:

  • State Bank of India (SBI)
    • Services: Currency exchange for major foreign currencies (USD, EUR, GBP, etc.), Forex cards.
    • Location: Various branches in Karwar.
    • Timings: Typically from 9:30 AM to 4:00 PM (Monday to Friday).
  • HDFC Bank
    • Services: Foreign exchange services, prepaid Forex cards, and remittance services.
    • Location: Main branch in Karwar.
    • Timings: 10:00 AM to 4:00 PM.
  • ICICI Bank
    • Services: Exchange of foreign currency, Forex cards, wire transfers.
    • Location: ICICI Bank branch near the main market area.
    • Timings: 10:00 AM to 4:00 PM.
  • Axis Bank
    • Services: Currency exchange for a wide range of international currencies and forex cards.
    • Location: Near the town center, Karwar.
    • Timings: 9:30 AM to 4:00 PM.

2. Forex Bureau or Money Exchange Services

If you’re looking for a more specialized service, there are Forex exchange bureaus in Karwar and nearby towns that focus exclusively on currency exchange. These places typically offer competitive exchange rates and convenience.

Forex Bureaus:

  • Thomas Cook India (Available in nearby cities like Mangalore or Goa)
    • Services: Forex exchange, travelers’ cheques, and Forex cards.
    • Location: Nearest office located in Mangalore (about 2 hours away by road).
  • Western Union (Available in nearby cities like Goa)
    • Services: Money transfer and currency exchange.
    • Location: Nearest offices are located in Goa.
  • Indus Forex
    • Services: Currency exchange, travelers’ cheques, and international money transfer services.
    • Location: Nearest office is in Mangalore.

3. Airport and Port Currency Exchange

If you’re arriving at Karwar via the nearby Goa or Mangalore airports, both have currency exchange counters that offer forex services for tourists.

Goa Dabolim Airport (45 km from Karwar):

  • Services: Currency exchange counters available for exchanging major foreign currencies like USD, EUR, and GBP into INR.
  • Timings: Open 24 hours (for international flights).

Mangalore International Airport (125 km from Karwar):

  • Services: Currency exchange services for foreign travelers.
  • Timings: Open during flight arrival/departure timings.

4. ATMs and Debit/Credit Cards

While ATMs in Karwar may not always offer the best exchange rates, they are a convenient option for withdrawing cash when needed. You can use international debit or credit cards to withdraw INR from ATMs.

ATMs to Consider:

  • SBI ATM
    • Available throughout Karwar, including near tourist areas and the city center.
  • HDFC Bank ATM
    • Available in central locations, including near hotels and markets.

Note:

  • International cards like Visa, MasterCard, and American Express are widely accepted at ATMs and payment counters.
  • Always check with your bank regarding any withdrawal fees for international cards.

5. Online Forex Services

If you prefer convenience, you can also opt for online forex services. Many services allow you to book forex online and get it delivered to your hotel or a designated address in Karwar.

Popular Online Forex Services:

  • BookMyForex: A popular online platform that allows you to book and deliver currency directly to your location.
  • Xchange of India: Offers home delivery services for foreign exchange and can provide competitive rates.
  • Travelex: Provides both online currency exchange and travel money cards.

6. Foreign Exchange Cards

If you prefer not to carry large amounts of cash, you can opt for Forex cards, which are preloaded with foreign currency and are a safer and more convenient option for travelers.

Where to Get Forex Cards:

  • SBI, HDFC, and ICICI Banks offer Forex cards that can be preloaded with multiple currencies and used for both online and in-person purchases.
  • Thomas Cook and Travelex also offer forex cards, and you can get them from their branches or through their online platforms.

Tips for Currency Exchange in Karwar:

  • Check Exchange Rates: Rates can vary from one service provider to another. It’s a good idea to compare rates before making the exchange.
  • Keep Small Denominations: When exchanging currency, make sure to request small denomination bills (₹10, ₹20, ₹50, ₹100) as they are easier for transactions in local markets.
  • Understand the Fees: Be aware of any additional transaction or service fees when withdrawing money from ATMs or exchanging foreign currency.
  • Carry Extra Cash: While Karwar has several currency exchange options, it’s always a good idea to have some extra cash in case of emergencies.

Karwar has convenient options for currency exchange and forex services, whether you prefer banking, specialized bureaus, or online services.

#CurrencyExchangeKarwar#ForexInKarwar#KarwarATMs#KarwarBanking#KarwarFinance#KarwarForex#KarwarMoneyExchange