Where to exchange money in Kolkata
If you’re planning a trip to Kolkata, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Kolkata. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
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Currency exchanges in Kolkata
Consider using digital alternatives like Wise when looking at currency exchanges. If you still need to have some physical cash, here are a list of currency exchanges you can find in Kolkata.
A reminder from us - There's no such thing as 0% commission or fee-free so remember to do your research and make an informed decision.
| Money Changer | Address | Contact Information |
|---|---|---|
| FOREX | U S CONSOLATE, GROUND FLOOR, 10 A, Ho Chi Minh Sarani Rd, Kankaria Estates, Park Street area, Kolkata, West Bengal 700071, India | +91 98364 05987 |
| Orient Exchange & Financial Services (P) Ltd | Ground Floor, Post Office, 8/1A, next to Little Russel Street, Kankaria Estates, Park Street area, Kolkata, West Bengal 700071, India | +91 80 3737 8000 |
| Arihant - Foreign Currency Exchange, Forex Card, Travel Insurance & Foreign Remittance/Money Transfer | 48/3, Gariahat Rd, Dover Terrace, Ballygunge, Kolkata, West Bengal 700019, India | +91 93393 82942 |
| BFC Forex | 1st Floor, 27, Shakespeare Sarani Rd, Mullick Bazar, Park Street area, Kolkata, West Bengal 700017, India | - |
| Eastend Forex Pvt. Ltd. | Ground Floor, 25, Marquis St, Esplanade, Janbazar, Taltala, Kolkata, West Bengal 700016, India | +91 70036 39784 |
| Unimoni Financial Services, (UAE Exchange) Kolkata Park Circus | 19B, Syed Amir Ali Ave, Near Zeeshan Crossing, Park Circus, Beniapukur, Kolkata, West Bengal 700017, India | +91 75940 02429 |
| Multimoney Forex Ltd. | 2nd Floor, 47/1, Kali Prasanna Roy Ln, Tollygunge, Kolkata, West Bengal 700033, India | +91 33 2227 4870 |
| PUSHPASHREE FOREX & TRAVELS PVT LTD | 7/E LINDSAY STREET, GLOBE SHOOPING MALL 2nd Floor, Shop no 205, Fire Brigade Head Quarter, Esplanade, Dharmatala, Taltala, Kolkata, West Bengal 700087, India | +91 79801 17936 |
| Forex Service - Dawn Investments Limited | 86, Raja Basanta Roy Rd, beside Sarat Bose Road, Lake Market, Kalighat, Kolkata, West Bengal 700029, India | +91 90078 71947 |
| Western Union NIVEDAN | 104, Narkelbagan Rd, Block C14, Narikelbagan, Garia, Kolkata, West Bengal 700084, India | - |
| Parul Money Exchange | Parul Golden Palace D 51 Mukundapur Bazar, near R.N Tagore hospital, Mukundapur Market, Nitai Nagar, Mukundapur, Kolkata, West Bengal 700099, India | +91 90624 29311 |
| Nandita Forex Private Limited | 123, Karl Marx Sarani Rd, Khidirpur, Kolkata, West Bengal 700023, India | +91 90620 10043 |
| JAYAM FOREX | 10, Tottee Ln, Colootola, New Market Area, Dharmatala, Taltala, Kolkata, West Bengal 700016, India | +91 90384 42610 |
| Unimoni Financial Services Ltd | DC 2/13, FIRST FLOOR, Shastri Bagan, Desh Bandhu Nagar, Baguiati, Kolkata, West Bengal 700059, India | +91 1800 102 0555 |
| Unimoni Financial Services Ltd, KALIKAPUR ( UAE Exchange ) | Building No.354, Purbanchal, Kalikapur Rd, opposite Sbi, Kalikapur, Haltu, Kolkata, West Bengal 700078, India | +91 75940 02330 |
| HIRA MONEY CHANGER PVT. LTD. | 123, Karl Marx Sarani Rd, opposite FANCY MARKET, Khidirpur, Kolkata, West Bengal 700023, India | +91 62913 55949 |
| SHIBU AND AVISEK MONEY CHANGERS PVT LTD | P1 NIRALA COMPLEX MUKUNDAPUR, Mukundapur Market, Nitai Nagar, Mukundapur, Kolkata, West Bengal 700099, India | +91 98311 70312 |
| R.N.DUTT & SON PRIVATE LIMITED | GROUND FLOOR, Stephen House, 56A, Hemanta Basu Sarani, B.B.D. Bagh, Kolkata, West Bengal 700001, India | +91 98745 82228 |
| Xotik Travel and Forex Pvt Ltd | Unit No. 125 & 125 Upper Deck Ground, Park Plaza, 71, Mother Teresa Sarani, Taltala, Kolkata, West Bengal 700016, India | +91 70036 44112 |
| R. N. DUTT & SON PRIVATE LIMITED | GROUND FLOOR, 182A, Sarat Bose Rd, lake Terrace, Ballygunge, Kolkata, West Bengal 700029, India | +91 98746 82228 |
Indian rupee rate today
When you're in Kolkata, and also the rest of India, the official currency is the Indian rupee.
Yet, when you step into a currency exchange shop, you'll notice they use currency codes. The code associated with the Indian rupee is INR, so be sure to take note of it when comparing exchange rates.
What you should know about exchanging money in Kolkata
Before exchanging money in Kolkata or any foreign city, it's important to be informed to avoid excessive charges and get the best deals. Consider opening a bank account in India for long-term stays or substantial investments like buying property or cars.
1. Beware of 'zero fee' services
Services claiming 'no commission' often offer poor exchange rates, not reflecting the mid-market rate, leading to hidden profits for them.
2. Check the exchange rate beforehand
Familiarize yourself with the base rate to identify a bad deal from exchange services.
3. Avoid exchanging money at airports or hotels
Convenience comes at a price, as airports and hotels usually offer poor rates and high transaction fees.
4. Use ATMs strategically
Check if your home bank has partnerships in India banks to avoid extra ATM fees, and inform your bank before traveling.
5. Opt for local currency
When using an ATM abroad, choose to be charged in Indian rupees for a fairer rate and avoid undisclosed exchange rates and additional fees.
Consider an alternative to physical currency exchanges
Say goodbye to overcomplicated currency exchange. Wise can help you get a better deal on currency conversion in over 40 currencies, with the mid-market exchange rate and low fees.
Open a personal Wise account online or in the Wise app, and order a linked debit card for a one-time fee to spend and withdraw money in 150+ countries.
There’s no fee to spend any currency you hold, and no foreign transaction fee to worry about. Use your account when you travel or shop online in foreign currencies, send payments in 70+ currencies, and get your own local account details in 9 currencies.
Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Kolkata. Remember to do your research on the exchange rate and get the most out of your trip. For a fuss-free alternative to exchanging cash, check out Wise.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.