HDFC Bank's Forex Department has two desks, viz. the InterBank Desk and the Corporate Desk.

The InterBank Desk (IB) does cover operations of the positions generated by the Corporate Desk. Besides, it trades on its own account. The IB desk is based at Mumbai , India . The Corporate Desk, named Treasury Advisory Group (TAG), caters to the needs of all the customers' needs in foreign exchange, from three centres: Mumbai, Delhi and Chennai.

The bank has a state-of-the-art Dealing Room and is an active player in the local interbank market. The dealing room is manned by highly trained professionals, who have earned names in dealing in volumes normally associated with very large banks. Because of its involvement in the development of the market in the country, the bank has been taken into various important committees of Foreign Exchange Dealers' Association of India (FEDAI) as well as of Reserve Bank of India (RBI). The TAG, on the other hand, focuses on the development of client-specific solutions for the customers. While the small value transactions are handled by our branches spread over the whole of the country, the large value ones are handled directly by the TAG from its centres at Mumbai, Delhi , Chennai and Calcutta .