FFMC License


Checklist of documents you need to apply for FFMC License
Checklist of documents you need to apply for FFMC License
FFMC License

Getting FFMC License online is a requirement for those who want to start a Full-Fledged Money Changer business.

Reserve Bank of India is the one responsible for issuing this license. However, in orde ....

  • April 08, 2022
  • Dushyant Sharma
Decoding the complexities of FFMC License
Decoding the complexities of FFMC License
FFMC License

In this globalized world, you’ll always need someone to exchange your foreign currency. Your need can take you to two places:

  1. A backyard shop that exchanges currency notes, or
  2. a Full Fledged ....
  • February 26, 2022
  • Dushyant Sharma
Forex Trading License Requirements
Forex Trading License Requirements
FFMC License

What are some of the Forex Trading License requirements?

Every Full Fledged Money Changer is authorized to purchase foreign exchange from non-residents visiting India as well as residents. The Forex ....

  • November 04, 2022
  • Dushyant Sharma
Full Fledge Money Changer: Eligibility and Documentation
Full Fledge Money Changer: Eligibility and Documentation
FFMC License

The Full-Fledged Money Changer or an FFMC is a financial body responsible for conducting forex businesses in India. The Apex Bank RBI authorizes such FFMCs to facilitate currency exchanges at their fa ....

  • March 09, 2023
  • Dushyant Sharma
How to start a currency exchange business in India?
How to start a currency exchange business in India?
FFMC License

 

Whenever it comes to visiting a foreign country, one of the most important concerns people face is to get the local currency. Since you will be carrying your nation’s currency, the role ....

  • May 26, 2023
  • Dushyant Sharma
Benefits, Objectives, and Renewal Criteria Of Full-Fledged Money Changer
Benefits, Objectives, and Renewal Criteria Of Full-Fledged Money Changer
FFMC License

The foreign money-changing business needs a license which is issued by the Reserve Bank of India under Section 10 of the Foreign Exchange Management Act, 1999. To carry on a money-changing business, y ....

  • November 16, 2023
  • Dushyant Sharma

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