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Zero Forex Markup Current Account

Maximise your savings and boost profitability with our Zero Forex Markup current accounts

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Make more than one online payment in just a few clicks with IDFC FIRST Bank Bulk Payments

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Cashback for everyone, for every spend that matters

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WhatsApp banking

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Say ‘Hi 👋’ on WhatsApp at 9555 555 555 & we’ll get back to you instantly

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Track Requests

Right Arrow

View & track all your past and active service requests.

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Raise a Request

Right Arrow

Facing issues? Let us know how we can help you

Locate Us

Locate Us

Right Arrow

Locate your nearest IDFC FIRST Bank branches and ATMs

Add a compliment

Add a compliment

Right Arrow

Our customers are talking, and we think you’ll like what they’re saying.

Customer care

Customer care

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We will be happy to help you 24x7.

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Help Center

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Support topics, FAQs and more

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Download our app

Get instant help for all your queries in one place

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India’s First Zero Forex Trade Current Account

To maximize savings, boost profitability,
and gain a competitive edge in global markets

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Calculate your savings

Funds you receive monthly

$

Funds you send monthly

$

Exchange rates mentioned are indicative as of
27 April 2026 and are subject to change based on market fluctuations without prior notice. Disclaimer

0%

Enjoy 0 FX Markup on

Save Monthly

Save Yearly

₹10L ₹10CR

Savings are calculated in comparison to other banks charging 1% markup

Open your account now!

Savings are calculated in comparison to other banks charging 1% markup

Open your account now!

Savings are calculated in comparison to other banks charging 1% markup

Exchange rates mentioned are indicative as of
27 April 2026 and are subject to change based on market fluctuations without prior notice. Disclaimer

Zero Forex Markup Current Account for Importers & Exporters

At IDFC FIRST Bank, we put your needs first. We offer three zero forex markup current account options: Titanium, Palladium, and Quantum. These accounts are made for export-import businesses that handle foreign exchange often. With zero forex markup on every international transaction, you keep more of your profits and stay ahead.

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Special features for Importers and Exporters

Zero Forex markup on transactions up to $50 million

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Zero Transaction charges across remittances

Zero Transaction

Zero Bill Regularisation charges applied

Zero Bill Regularisation

Trade first portal, just book the deal and transact

Trade first portal

Real-time Monitoring of your foreign remittances

Real-time Monitoring

Dedicated Trade Support Desk for expert assistance

Dedicated Trade Support

Explore Our Customised
Zero Forex Markup Accounts

Quantum Current Account

Exclusive banking for large export-import businesses, with zero forex markup and top-tier benefits.

Palladium Current Account

A premium choice for high-value export-import customers, offering zero forex markup and more flexibility.

Titanium Current Account

Empower your Export-Import business with zero forex markup and smart benefits.

Forex markup
ZERO FX markup on forex transactions up to 12x previous month AMB (max USD $50 million annually).
ZERO FX markup on forex transactions up to 6x previous month AMB (max USD $20 million annually).
ZERO FX markup on forex transactions up to 2x previous month AMB (max USD $2 million annually)
Amount of Zero Forex markup during onboarding month
INR 900 lakh worth of ZERO FX markup during onboarding month
INR 150 lakh worth of ZERO FX markup during onboarding month
INR 20 lakh worth of ZERO FX markup during onboarding month
BRAVO Auto-sweep FD threshold
BRAVO Auto Sweep FD facility with ₹1.5 Cr threshold
BRAVO Auto Sweep FD facility with ₹75 lakh threshold
BRAVO Auto Sweep FD facility with ₹25 lakh threshold
Average monthly balance
Ideal for businesses maintaining ₹75,00,000 average monthly balance.
Ideal for businesses maintaining ₹25,00,000 average monthly balance.
Ideal for businesses maintaining ₹10,00,000 average monthly balance.
Charges on commonly used current account services
Zero charges on commonly used current account services*
Zero charges on commonly used current account services*
Zero charges on commonly used current account services*
Free cash deposit limit
Free cash deposit limit of 15x AMB, no upper cap
Free cash deposit limit of 15x AMB, no upper cap
Free cash deposit limit of 15x AMB, no upper cap

Quantum

Palladium

Titanium

Quantum

Exclusive banking for large export-import businesses, with zero forex markup and top-tier benefits.

₹75L AMB
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  • ZERO FX markup on forex transactions up to 12x previous month AMB (max USD 5,00,00,000 annually)
  • INR 900 lakh worth of ZERO FX markup during the onboarding month
  • BRAVO Auto Sweep FD facility with ₹1.5 crore threshold
  • Ideal for businesses maintaining ₹75,00,000 average monthly balance.
  • Zero charges on commonly used current account services*
  • Free cash deposit limit of 15x AMB, no upper cap
Palladium

A premium choice for high-value export-import customers, offering zero forex markup and more flexibility.

₹25L AMB
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  • ZERO FX markup on forex transactions up to 6x previous month AMB (max USD 2,00,00,000 annually)
  • INR 150 lakh worth of ZERO FX markup during the onboarding month
  • BRAVO Auto Sweep FD facility with ₹75 lakh threshold
  • Ideal for businesses maintaining ₹25,00,000 average monthly balance.
  • Zero charges on commonly used current account services*
  • Free cash deposit limit of 15x AMB, no upper cap
Titanium

Empower your Export-Import business with zero forex markup and smart benefits.

₹10L AMB
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  • ZERO FX markup on forex transactions up to 2x previous month AMB (max USD 20,00,000 annually)
  • INR 20 lakh worth of ZERO FX markup during the onboarding month
  • BRAVO Auto Sweep FD facility with ₹25 lakh threshold
  • Ideal for businesses maintaining ₹10,00,000 average monthly balance.
  • Zero charges on commonly used current account services*
  • Free cash deposit limit of 15x AMB, no upper cap

Why Choose IDFC FIRST Bank Zero Forex (FX) Markup Account?

Our Zero Forex Markup current accounts are thoughtfully crafted to address your growing trade requirements. Benefit from our suite of high-performance business accounts, which provide cost-effective, transparent, and comprehensive banking solutions. So, why pay extra markups when you can lead the way with our promise of no forex markup?
Open a zero-forex-markup current account online with IDFC FIRST Bank. It’s designed to help your business grow in India’s fast-changing market.

How to Open a Zero Forex Markup Account online?

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Choose the right variant

Pick the best account for your business

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Open an IDFC FIRST Bank Current Account by:

Visit your nearest bank branch or click here to apply online.

Who Can Apply for the IDFC FIRST Bank Zero Forex Markup Account?

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Resident Individual
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Hindu Undivided Family (H.U.F.)
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Sole proprietorship
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Partnership
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OPC / Private / Limited Company
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Limited Liability Partnership

Documents Required for Opening a Zero Forex Markup Account

Sole proprietorship

2 documents in the name of the entity 

Proprietor document (photo, PAN card copy, and one officially valid document [OVD] copy) 

Nature of industry proof (in case not indicative in entity documents, please verify invoice copy, bill of entry, freight invoice, or agreement copy) 

Partnership

Partnership deeds

Partnership registration certificate (for a registered partnership firm)

Partnership firm declaration

Entity PAN card number

Registered office address proof in the name of the entity

Communication address proof, if different from the registered address

OVD copy of the partners/ authorised signatories/ beneficial owners (including latest photograph and PAN card copy)

List of partners with name, date of birth, and address

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Fees & Charges for
Zero Forex Current Account

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Zero Forex (FX) Current Account FAQs

What is Zero Forex Markup?

Zero Forex Markup is a premium feature allowing eligible current account holders to make international trade transactions without paying any forex markup, helping save on cross-border currency conversion costs.

Who can opt for the Zero Forex Markup feature?

Business current account holders meeting eligibility criteria, including maintaining a minimum AMB and regular trade transactions, can avail this feature. Eligibility varies by account variant.

How can I avail the Zero Forex Markup feature?

Click the “Apply Now” button on this page. Based on your profile, trade volume, and AMB, our team will recommend the best variant and assist with onboarding.

What are the benefits of Zero Forex Markup for businesses?

It reduces forex markup charges, lowers international transaction costs, guarantees clear forex rates, and improves cost predictability for better profitability.

Open the Zero Forex Markup Account and enjoy benefits like Zero Charges on 10+ trade forex and 40+ current account services along with Zero FX markup up to:

Titanium: 2x of previous month AMB (max USD 20,00,000 annually).
Palladium: 6x of previous month AMB (max USD 2,00,00,000 annually).
Quantum: 12x of previous month AMB (max USD 5,00,00,000 annually).

How do I know which Zero Forex Markup account variant is right for me?

Use the calculator on this page by entering your trade volume, current forex markup, and AMB. It will suggest the most suitable variant for your needs.

What are the fees associated with these Zero Forex Accounts?

Account variant wise onboarding and annual fees will apply as follows:

Titanium: ₹20,000
Palladium: ₹50,000
Quantum: ₹75,000

Are there any charges or conditions associated with Zero Forex Markup?

Eligibility requires maintaining a set AMB and trade thresholds. While forex markup is waived, standard banking fees may apply per your account variant.

What is the minimum balance required for the Zero Forex Markup Account?

The minimum balance threshold for each account variant is as follows:

Titanium: ₹10 lakh
Palladium: ₹25 lakh
Quantum: ₹75 lakh

What happens if the Average Monthly Balance (AMB) is not maintained?

In instances where AMB is not maintained, 0.5% of the shortfall amount is charged, and the Zero FX throughput benefit becomes NIL for the subsequent month.

For example: For the Titanium variant, if a customer has maintained ₹5,00,000 AMB in the month of January, then they will be charged 0.5% on the difference (₹5,00,000) for non-maintenance and will not be eligible for Zero FX markup in the month of February.

What is the FX markup after threshold or non-maintenance of AMB?

The account variant wise FX markup is as follows:

Titanium: ₹0.30P
Palladium: ₹0.15P
Quantum: ₹0.05P

What are the currency deals that are eligible for Zero FX markup?

Zero FX markup is applied only for USD, EURO, GBP currency cash deals booked through Net Banking and Mobile Banking.

What is the BRAVO threshold for each account variant?

The BRAVO threshold for each account variant is as follows:

Titanium: ₹25 lakh
Palladium: ₹75 lakh
Quantum: ₹1.5 crore