Noida, Gautam Buddha Nagar, Uttar Pradesh
GST No. 09AAHFU7570N1ZB
Approx. Rs 30,000 / PieceGet Latest Price
Product BrochureProduct Details:Minimum Order Quantity | 1 Piece |
Service Location | PAN INDIA |
Mode Of service | Online |
TAT | 60-90 DAYS |
Certificate | Soft/Hard Copy |
Mode of payment | Online and Offline |
FFMC – Full Fledge Money Changer License Required to carried out activity of Foreign Currency Conversions. FFMC approved license holder can obtain foreign currency through currency Notes/Coins/ATM cards from foreigner as well as from Indian residents. Further they can sell such foreign currency to person who has business or personal travel requirements.
As per Foreign Exchange Management Act (FEMA) Only Authorised FFMC can give services related to foreign exchange Conversion. Such power delegated to RBI for Issuance of License as per Section 10 of the FEMA. However, There is NO Restriction for Applying for FFMC License other than applicant must be a Company as per Companies Act and Capital of the company is more than 25 Lakhs.
Currently in India, Mostly Tourist Place Hotels, Tourist Place Business, Travel Agents, Foreign Exchange Converter Unit holds FMC License. there is potential growth in the money changing business (FFMC Business) as requirement of travelling and tourism increased by day to day.
Approx. Rs 999 / MonthGet Latest Price
Product BrochureProduct Details:Service Location | PAN India |
Mode of Certification | Hard Copy/Soft Copy |
Mode of Service | Online |
Mode of Payment | Online |
Time duration | 7 Days |
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