• R.B.I. lic no. MUM.FC.1809/2011
  • Landline: 022-26213151 / 26243152
  • GST number - 27AAGCP1586K1ZZ

Frequently Asked Question's

If you wish to buy currency then below documents needed.

IndividualSole ProprietorPartnershipLTD Company
PassportGST CertificateGST CertificateGST Certificate
PancardLight Or Phone BillLight Or Phone BillLight Or Phone Bill
TicketCompany Letter HeadCompany Letter HeadCompany Letter Head
VisaAuthorised Signatory List (Format as per below)Company Pan cardCompany Pan card
Authorised Signatory List (Format as per below)MOA & AOA
Authorised Signatory List (Format as per below)

Forex Application form for corporates. Print this on your company's letter head, fill it and send us back on [email protected]

Application Form

Authorised Signatory List

It's available at both outlets for you to collect anytime. In case of any delay, the branch will inform you.

According to RBI regulations, Indian residents can buy foreign currency only when traveling abroad, and they must provide their travel documents.

Yes, the foreign exchange limit for children is the same as for adults. All travel documents and a PAN card are required.

Travelers can make cash payments up to INR 49,999 per trip and per month.

Permissible foreign exchange can be obtained up to 60 days in advance.

Nepal and Bhutan.

Yes, different purposes can be combined, but the currency limit remains at 3000 USD even if the travel is combined.

If a trip is canceled, the foreign exchange drawn for that specific reason must be surrendered within 90 days from the purchase date. If the trip is postponed and commences within 60 days from the purchase date, Forex can be retained.

NRI's and Foreigners can encash up to 3000 USD or equivalent per month (30 days) for cash payments.

Foreigners in India can sell foreign currency by providing their original passport with a valid visa.

Travelers are required to surrender unspent foreign exchange in the form of currency notes within 90 days and Traveler's Cheques within 180 days of return. However, RBI permits holding 2000 USD or equivalent for future purposes.

There is no limit on bringing foreign currency into India, but if the amount exceeds 5000 USD or a cumulative amount of currency and Traveler's Cheques exceeding 10000 USD, travelers should declare it at customs and obtain a Currency Declaration Form (CDF) duly signed and stamped by Customs Officials.

Forex cards are either MasterCard or Visa and are designed for use abroad, except in Nepal and Bhutan. They can be used for free at merchant outlets, for cash withdrawals at ATMs, and for online purchases while abroad.

USD, EUR, GBP, AUD, CAD, SGD, AED, CHF, JPY, THB, SAR, ZAR, NZD, HKD, SEK.

You can check balance simplly on your whatsapp , sms , last email recieved of your expense.

For ATM withdrawals, the card issuer charges a fee ranging from USD 2 – 3 or equivalent per withdrawal. In addition, certain ATM operators may charge an additional transaction fee (surcharge). The card issuer has no control over this. It is advisable to avoid such ATMs. You can use ALL Point ATMs to avoid surcharges.

Pre-authorization is a form of payment guarantee taken by the merchant/hotel by estimating your bill, resulting in temporary funds blocking on the card for 30 days. It is not recommended to use a forex card for pre-authorization; instead, it should be used for final bill settlement. For a refund of the blocked amount, please obtain a merchant cancellation letter.

Yes, multiple currencies can be loaded at once or for different vacations.

Leisure, business, and education. For immigration and employment, cards cannot be reloaded.

Travelers above 16 years can buy a forex card.

To buy a forex card, payment should be made from the cardholder's savings account only. For minors, payment should be made from the parents account. In the case of students, parents should transfer funds for card reload.

The card cannot be transferred to anybody else. It is intended to be used by the person in whose name the card is issued.

Call customer care immediately to block the card to avoid any misuse. You may request a replacement card, which may be chargeable, or encash the balance once you return to India.

The vendor who issued the card can only reload and redeem the forex card.

Yes, if the card is not used for six months, inactivity fees are charged.

Yes, it can be done by swiping the card under Cash Advance Transactions or Cash over the Counter. But these transactions are chargeable. Even cash withdrawals over the counter at a bank or other financial agencies will be treated under this category and will be charged.

We provide the services to transfer money for following purposes:
  • Education Abroad
  • Medical Treatment Abroad
  • Immigration consultancy fees
  • Employment and processing and assessment fees
  • Fees for examinations like GRE/GMAT/TOEFL
  • Tour Remittances
  • Visa processing fees
  • Crew wages
  • Film Shooting
  • Maintenance of close blood relatives abroad
  • Gift and many more

Under the Liberalized Remittance Scheme (LRS), a resident Indian can remit up to 250000 USD per financial year.

When a student is traveling for the first time abroad for education, he/she can remit money to the university account. The fund could be received from either the student’s or parent’s savings account. In case the student is already abroad, his/her parents can remit money towards the overseas university fee.
Documents required are: Student passport, PAN card, university offer/demand letter and Remitter’s pan card and address proof. From the 2nd year onward, Student ID and education continuation proof is required.

When a student has an NRE account in India then it can be transferred to his/her foreign bank account.
A student studying abroad, his parents or close relatives can transfer funds to his/her foreign bank account.
Passport/Aadhar card and PAN card of Remitter, Relationship proof and bank details of the beneficiary are required.

When a student is studying abroad, university fees can be paid by the parents.
Documents required are student passport, visa, course continuation letter, student ID card, and university bank details.
Remitter’s passport/Aadhar card and pan card is also required.

Father (Including step-father), Mother (Including step-mother), Son (Including step-son), Son's wife, Daughter (Including step-daughter), Daughter's husband, Brother (including step-brother), Sister (including step-sister).

Any valid ID with address proof, pan card of the remitter, and receiver passport.

Within 2-3 working days from the date of processing of the transaction. Swift copy is made available on the subsequent working day of the transaction.

The sender should be available as the KYC verification needs to be done before processing the transaction.

The beneficiary banks may levy charges at their discretion to render the services, which are not in control of the remitting agency transferring the fund. The recipient should contact their banker in case of such charges being levied.

The foreign correspondence bank that receives the transfer may charge an additional amount for receiving and processing the transfer. These charges are commonly referred to as Intermediary charges or NOSTRO Charges. Please note these charges can vary depending on the number of foreign correspondent banks involved and can vary significantly. It is possible to absorb these charges at the sender's end for an additional charge

Money can be sent abroad through the following modes:
  • Wire Transfer
  • Foreign Currency Demand Draft

You may transfer funds from such a joint account provided you are the primary account holder.

You can send money in 14 currencies through us - USD, EUR, GBP, CAD, AUD, CHF, AED, SGD, HKD, NZD, JPY, ZAR, NOK, SAR.