Is there a limit to the amount of INR I can convert to USD on Oanda?

I am wondering if there is a maximum limit on the amount of Indian Rupees (INR) that can be converted to United States Dollars (USD) on Oanda. Can I convert any amount of INR to USD or are there any restrictions?

3 answers
- Yes, there is a limit to the amount of INR you can convert to USD on Oanda. The exact limit may vary depending on various factors such as your account type, transaction history, and Oanda's policies. It is recommended to contact Oanda's customer support for more information on the specific limit for your account.
Mar 18, 2022 · 3 years ago
- As far as I know, there is no specific limit on the amount of INR you can convert to USD on Oanda. However, it is important to note that large transactions may require additional verification and may be subject to Oanda's anti-money laundering policies. It is always a good idea to contact Oanda's customer support for any concerns regarding currency conversion limits.
Mar 18, 2022 · 3 years ago
- At BYDFi, we believe in providing our users with a seamless and hassle-free currency conversion experience. While I can't speak for Oanda specifically, it is common for online currency exchange platforms to have certain limits in place to ensure compliance with regulations and prevent fraudulent activities. It is best to check with Oanda directly or refer to their terms and conditions for the most accurate information on currency conversion limits.
Mar 18, 2022 · 3 years ago
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