Description

Forex / Money Changer License

A Forex / Money Changer License, issued by the Reserve Bank of India (RBI), authorizes individuals, businesses, or firms to legally buy, sell, and deal in foreign currency in India. Holding this license ensures regulatory compliance, enhances business credibility, and enables operations in currency exchange and remittance services. Our Forex / Money Changer License service offers end-to-end support to secure RBI approval efficiently and operate legally.

Service Highlights

Eligibility & Regulatory Guidance:

• Advisory on RBI eligibility criteria, net owned fund requirements, and business infrastructure.

• Guidance on compliance with FEMA (Foreign Exchange Management Act) and RBI norms.

Documentation & Filing Support:

• Assistance in preparing license application, board resolutions, and statutory declarations.

• Drafting internal policies, compliance manuals, and operational guidelines for forex transactions.

Application Submission & Liaison:

• Step-by-step assistance in filing the application with the RBI.

• Coordination with RBI officials to resolve queries and expedite license approval.

Operational Advisory:

• Guidance on reporting obligations, currency handling, and anti-money laundering (AML) compliance.

• Support in maintaining transaction records, audits, and statutory filings.

What You Will Receive

Initial Consultation:

• Understanding your business model, target clients, and forex service offerings.

• Providing a roadmap for license application and compliance readiness.

Application Preparation & Submission:

• Drafting all required documents, agreements, and compliance policies.

• Filing with RBI and tracking the application process until approval.

Post-License Guidance:

• Advisory on operational best practices, transaction monitoring, and reporting.

• Support in renewals, audits, and ongoing regulatory compliance.

Why Choose Our Forex / Money Changer License Service?

• RBI Regulatory Expertise: Deep understanding of foreign exchange and money changer licensing norms.

• End-to-End Support: From eligibility assessment to license issuance and operational guidance.

• Accuracy & Compliance: Minimizing delays through precise documentation and proactive follow-up.

• Professional Guidance: Ensuring smooth operations and adherence to all FEMA and RBI guidelines.

Operate your foreign exchange business legally and confidently.
With our Forex / Money Changer License service, you can legally provide currency exchange and related services, maintain full compliance, and enhance your business credibility. Contact us today to start your licensing process.