Kannur is a popular tourist destination in Kerala, offering beautiful beaches, historical attractions, and cultural experiences. For tourists arriving from abroad, it’s essential to know where to exchange foreign currency and obtain Forex. Below is a detailed guide on how to get Forex and currency exchange services in Kannur, making sure you don’t have to look elsewhere for this information.
1. Local Banks with Forex Services
Many banks in Kannur provide currency exchange services and Forex cards for tourists. Most of these services are available at the branch counters.
Top Banks for Currency Exchange:
- State Bank of India (SBI)
- Location: Near Kannur Railway Station, Fort Road.
- Services: Foreign currency exchange, Forex cards, and international transfers.
- HDFC Bank
- Location: Kannur Town, Near Bus Stand.
- Services: Forex cards, currency exchange, and travel-related services.
- ICICI Bank
- Location: Near the city center.
- Services: Currency exchange, Forex cards, and international payments.
- Axis Bank
- Location: Near Thavakkara Market, Kannur.
- Services: Foreign exchange services and online Forex card reloads.
What You Need for Currency Exchange:
- Passport (valid travel document)
- Visa (for international visitors)
- Airline Ticket or boarding pass (some banks may require proof of travel).
- You can exchange cash or opt for a Forex card, which can be loaded with foreign currency.
Secret Tip:
- HDFC and ICICI usually offer better exchange rates, especially if you’re withdrawing money through their Forex cards.
2. Currency Exchange Counters at Kannur International Airport
The Kannur International Airport (KIAL) has Forex exchange counters that cater to international tourists arriving or departing from the city.
Forex Services Available:
- Buy and Sell Foreign Currency: You can exchange your currency to Indian Rupees or vice versa.
- Travel Cards and International Payments: Available for travelers going abroad.
Location:
- The Forex exchange counter is located in the Arrival Terminal of Kannur International Airport.
What to Expect:
- Higher exchange rates at the airport, but convenient for tourists who need quick access to currency exchange after arrival.
Secret Tip:
- Use this counter for small exchanges right after arriving, but for larger amounts, head to local banks for better rates.
3. Forex and Money Exchange Agencies
There are dedicated Forex and money exchange agencies in Kannur that specialize in currency exchange and offer competitive rates for tourists.
Top Forex Agencies:
- Western Union (Multiple locations)
- Location: Kannur Town and near the bus stand.
- Services: Foreign exchange services, remittance, and money transfer services.
- Secret Tip: Western Union offers good money transfer services if you want to send money back home or receive it.
- Thomas Cook India (Online or Local Agencies)
- Location: Check online or nearby locations for their office.
- Services: Foreign exchange, travel insurance, and Forex cards.
- Muthoot Forex
- Location: Kannur Town
- Services: Competitive exchange rates, Forex cards, and international remittance services.
What to Expect:
- Competitive exchange rates and special travel money cards for international tourists.
- Lower service fees compared to banks in many cases.
Secret Tip:
- For better exchange rates, visit these agencies directly rather than using airport services for large sums of money.
4. ATM Withdrawals in Kannur
Many ATMs in Kannur support international cards (Mastercard, Visa, etc.) that allow you to withdraw local currency (INR) from your international bank account or Forex card.
Popular ATMs for Foreign Currency Withdrawals:
- SBI ATMs
- Location: Across Kannur Town.
- Services: International cards supported for withdrawing cash in Indian Rupees.
- HDFC and ICICI ATMs
- Location: In and around the city center.
- Services: International cards supported, low withdrawal fees compared to exchange counters.
What to Expect:
- ATMs provide cash in INR (Indian Rupees).
- Be aware of foreign transaction fees that may be charged by your bank.
- Forex cards can be used to withdraw cash without much hassle.
Secret Tip:
- Check the fees with your home bank for international ATM withdrawals. Use HDFC or ICICI ATMs as they often have lower transaction fees.
5. Online Forex Services
For convenience, you can also order your Forex currency online before traveling to Kannur or while you’re in the city.
Popular Online Forex Services:
- BookMyForex
- Services: Currency exchange, Forex cards, international payments. You can order Forex at better rates and have it delivered to your home or pick it up from their physical offices in Kannur.
- Website: BookMyForex
- Xpress Money
- Services: Exchange foreign currency online and pick up from local agents. They provide competitive exchange rates.
What to Expect:
- You can choose from forex cards, home delivery of cash, or cash pickup from local agents.
- Online services are very convenient for travelers who wish to avoid going to exchange counters.
Secret Tip:
- Order Forex cards online before your trip. They’re often cheaper than getting currency at the airport.
6. Hotel Currency Exchange Services
Many upscale hotels in Kannur offer currency exchange services for their guests, making it convenient for those who don’t want to travel to a bank or Forex center.
What to Expect:
- Exchange rates offered at hotels are usually less competitive than banks or Forex agencies.
- Service fees may apply depending on the hotel’s policy.
Secret Tip:
- Use hotel Forex services for small amounts but avoid large transactions due to less favorable exchange rates.
Best Ways to Get Forex and Currency Exchange in Kannur
- Banks: Best for competitive exchange rates and Forex cards.
- Kannur International Airport: Convenient for small exchanges upon arrival.
- Forex Agencies: Ideal for better rates and Forex cards.
- ATMs: Quick access to local currency, but check for transaction fees.
- Online Forex Services: Order Forex cards and currency online for the best rates.
- Hotels: Convenient but less favorable exchange rates.
By using these options, you can easily manage your currency exchange needs in Kannur and make the most of your trip without having to look for additional services.