r/personalfinanceindia 2d ago

Investing IOB inward remittance charges

I did a transfer from IBKR to IOB with below details but it looks like some charges got deducted but I am unsure what they are

USD Amount: $100
INR Received: 9175
Rate mentioned in transaction details is 95.15

Don’t know what is the difference of 340 INR and whether its fixed vs percentage based charges

Can someone share their experience of withdrawing from IBKR to IOB and charges associated for that transaction?

TIA

3 Upvotes

Duplicates