Buy or sell?
Find the bank that fits your direction.

Most customers come to FX from one of two angles: I'm sending money out, or I'm receiving it. We plot every Indian bank by its TT buy rate and its TT sell rate, with the cohort average as crosshairs. Find the bank that pays you above average AND charges you below average — that's the bottom-right quadrant.

Live · 14 May 202620 banks tracked

USD · avg buy

₹94.26

Cohort average

USD · avg sell

₹96.98

Cohort average

Avg cost of mid

₹1.36

half-spread

USD banks quoting

of 20 tracked

Cohort scatter · TT

Every bank on the buy/sell map.

Each dot is a bank. The horizontal axis shows what the bank pays you (TT buy); the vertical axis shows what it charges you (TT sell). The crosshairs mark the cohort average. The bottom-right quadrant — above-average buy, below-average sell — is unambiguously the customer-wins region.

Direction-led shortcuts

Know your direction. Walk in with the answer.

Sending money out

You care about the sell rate — the bank charges you per unit of foreign currency. Lower is better. On the chart, look at the bottom half (below-average sell).

Receiving money in

You care about the buy rate — the bank pays you per unit of foreign currency you bring in. Higher is better. On the chart, look at the right half (above-average buy).

Going deeper

Want the spread story?

Some customers don't care about direction — they care about pricing tier. Which banks consistently quote tight; which the foreign-bank cohort splits bimodally; how PSU treasury desks compare with private retail FX. Today's deep dive lives separately.

Open spread analysis

talk to capera

Use today's market as your anchor.

Walking into a bank with the cohort average in hand changes the conversation. We help finance teams benchmark, hedge and stay compliant — on a single FX ticket or a recurring monthly flow.

Or write to hello@capera.co · See our FX intelligence

Frequently asked

We take every Indian bank in our cohort that publishes a TT buy and sell quote for the chosen currency today, and average across them. Banks that don't publish that currency are excluded. The average updates through the day as banks refresh their rate cards.

Spread is one number; buy and sell are two. A customer sending money out only cares about sell; a customer receiving money in only cares about buy. Plotting both axes separately lets each customer focus on what matters for their direction — and reveals the rare bank that wins on both sides.

Find the bottom-right of the chart for the currency that matters to you. The bank closest to that corner pays you above average if you're receiving, and charges below average if you're sending. Then walk in and ask for a treasury-desk rate — card rates are the upper bound, never the lower bound.

Use the 'More' dropdown. We render the buy/sell view for every curated currency. Less-common currencies have fewer quoting banks; the chart still shows where they sit.

On /insights/fx/spread — that page is the deep dive into the tightest-to-widest distribution across the cohort. This page is for the customer-direction view.