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An authorized dealer is an entity authorized by the Reserve Bank of India to buy and sell foreign currencies. If you want to exchange your currency in India, you need to make sure you get it done through an authorized money changer or authorized dealers. In this article, we shall provide you with the list of the authorized dealers in India.
By going through this list, you will be able to learn about the entities that are officially authorized by the RBI to undertake foreign exchange transactions in compliance with FEMA regulations and RBI guidelines.
Mentioned below are the lists of Authorized dealers in India.
|
Sl No |
Bank Name |
LEI Number |
|
1 |
Bank of Baroda |
549300CQ6M9Q0TJEZR23 |
|
2 |
Bank of India |
21380058KMSRJIL8C294 |
|
3 |
Bank of Maharashtra |
3358006F5LXCNN65HW12 |
|
4 |
Canara Bank |
335800E4RH82Z8XC3C30 |
|
5 |
Central Bank of India |
335800HLI3VBT9FVQE81 |
|
6 |
Indian Bank |
5493008JR8FCVQ6FJL94 |
|
7 |
Indian Overseas Bank |
335800QFIPQ9AFX1CS84 |
|
8 |
Punjab & Sind Bank |
335800SUILZU95L98637 |
|
9 |
Punjab National Bank |
335800LE3GBR6I412V82 |
|
10 |
State Bank of India |
5493001JZ37UBBZF6L49 |
|
11 |
UCO Bank |
549300LJX4CMNFEQEJ54 |
|
12 |
Union Bank of India |
5493000P4HD6132SQ711 |
|
Sl No |
Bank Name |
LEI Number |
|
1 |
AB Bank PLC |
335800VOLFWHZGCROV17 |
|
2 |
Australia and New Zealand Banking Group Limited |
JHE42UYNWWTJB8YTTU19 |
|
3 |
Bank of America NA. |
B4TYDEB6GKMZO031MB27 |
|
4 |
Bank of Bahrain & Kuwait B.S.C. |
549300MCPF5HTBF8ZR90 |
|
5 |
Bank of Ceylon |
213800DG2M8QX22U6P30 |
|
6 |
Bank of China Limited |
54930053HGCFWVHYZX42 |
|
7 |
Barclays Bank PLC |
G5GSEF7VJP5I7OUK5573 |
|
8 |
BNP Paribas |
R0MUWSFPU8MPRO8K5P83 |
|
9 |
CTBC Bank Co Ltd |
549300JI5RKNDKC3GU44 |
|
10 |
Citibank N.A. |
E57ODZWZ7FF32TWEFA76 |
|
11 |
Credit Agricole Corporate and Investment Bank |
1VUV7VQFKUOQSJ21A208 |
|
12 |
DBS Bank India Limited |
549300ENVN6HVF50YV87 |
|
13 |
Deutsche Bank AG |
7LTWFZYICNSX8D621K86 |
|
14 |
Doha Bank Q.P.S.C. |
549300O5KAG21BMZ8N83 |
|
15 |
Emirates NBD Bank (P.J.S.C) |
5493003UOETFYRONLG31 |
|
16 |
First Abu Dhabi Bank PJSC |
2138002Y3WMK6RZS8H90 |
|
17 |
(Surrendered Banking Licence to RBI and in process of winding up) Firstrand Bank |
ZAYQDKTCATIXF9OQY690 |
|
18 |
Industrial and Commercial Bank of China Limited |
5493002ERZU2K9PZDL40 |
|
19 |
Industrial Bank of Korea |
988400RBIWE3YA18PK12 |
|
20 |
JP Morgan Chase Bank N.A. |
7H6GLXDRUGQFU57RNE97 |
|
21 |
JSC VTB Bank |
253400V1H6ART1UQ0N98 |
|
22 |
KEB Hana Bank |
6RPK2YDJN6L35AS0M510 |
|
23 |
Kookmin Bank |
335800X9O2LHZ2B9N337 |
|
24 |
MashreqBank p.s.c |
5493000SA3K24EQKA103 |
|
25 |
Mizuho Bank Limited |
RB0PEZSDGCO3JS6CEU02 |
|
26 |
MUFG Bank, Ltd. |
C3GTMMZIHMY46P4OIX74 |
|
27 |
NatWest Markets Plc. |
RR3QWICWWIPCS8A4S074 |
|
28 |
NongHyup Bank |
254900OANRVRV5DFM013 |
|
29 |
PT Bank Maybank Indonesia TBK |
549300RHDK5D1O3JHU60 |
|
30 |
Qatar National Bank (Q.P.S.C.) |
549300FFSRVBS0SQXY75 |
|
31 |
SBERBANK |
549300WE6TAF5EEWQS81 |
|
32 |
Shinhan Bank |
5493003P813VL21KG928 |
|
33 |
Societe Generale |
O2RNE8IBXP4R0TD8PU41 |
|
34 |
Sonali Bank PLC |
549300VE2H041QJDRU79 |
|
35 |
Standard Chartered Bank |
RILFO74KP1CM8P6PCT96 |
|
36 |
SBM Bank (India) Ltd |
335800X9LPH6HZ1Y9R82 |
|
37 |
Sumitomo Mitsui Banking Corporation |
5U0XI89JRFVHWIBS4F54 |
|
38 |
The Bank of Nova Scotia |
L3I9ZG2KFGXZ61BMYR72 |
|
39 |
The Hongkong and Shanghai Banking Corporation Limited |
2HI3YI5320L3RW6NJ957 |
|
40 |
UBS AG |
BFM8T61CT2L1QCEMIK50 |
|
41 |
United Overseas Bank Limited |
IO66REGK3RCBAMA8HR66 |
|
42 |
Woori Bank |
549300VUVMRL6RE7R376 |
|
Sl No |
Bank Name |
LEI Number |
|
1 |
AU Small Finance Bank Limited |
3358006J6L5P5MWKCU97 |
|
2 |
AXIS Bank Limited |
549300HVNWMJPOFVNI41 |
|
3 |
Bandhan Bank Limited |
335800Q13QAC32IOCH33 |
|
4 |
City Union Bank Limited |
33580024M7FWA847JI64 |
|
5 |
CSB Bank Limited |
335800R8M2WRZKDHJC88 |
|
6 |
DCB Bank Limited |
549300HLUOQ4ZGINVI30 |
|
7 |
Dhanlaxmi Bank Limited |
335800CKSGJELHJHQ768 |
|
8 |
Equitas Small Finance Bank Limited |
335800MZBFLSP1VQKJ89 |
|
9 |
ESAF Small Finance Bank Ltd |
335800H9TMOMGKSV3Y60 |
|
10 |
HDFC Bank Limited |
335800ZQ6I4E2JXENC50 |
|
11 |
ICICI Bank Limited |
R7RX8ER1V4666J8D1I38 |
|
12 |
IDBI Bank Ltd |
335800UL1OJYBFEAPY30 |
|
13 |
IDFC FIRST Bank Limited |
335800SBNAPYVT1D2K13 |
|
14 |
IndusInd Bank Limited |
335800JDVJ8HSXG9G512 |
|
15 |
Jana Small Finance Bank Ltd |
3358009CAB6PNXQHIK50 |
|
16 |
Karnataka Bank Limited |
335800G1GTTVASBXVW10 |
|
17 |
Kotak Mahindra Bank Limited |
335800E6GTTXKHXE2I75 |
|
18 |
RBL Bank Limited |
335800JQTGMLAAQL1F37 |
|
19 |
Tamilnad Mercantile Bank Limited |
335800AYAN6LJY14L887 |
|
20 |
The Federal Bank Limited |
335800J8VWGE2HGWF417 |
|
21 |
The Jammu & Kashmir Bank Limited |
3358003EPKRYNVG21Y80 |
|
22 |
The Karur Vysya Bank Limited |
335800GFMDHTPWI6JP97 |
|
23 |
The South Indian Bank Limited |
3358003CCMTPZUJOKC45 |
|
24 |
Ujjivan Small Finance Bank Limited |
335800D9P5CCZUX4X552 |
|
25 |
Unity Small Finance Bank Ltd |
335800A2MTFVQEWJ95 |
|
26 |
YES Bank Limited |
335800X6WKDDXJUSFZ86 |
|
Sl No |
Bank Name |
LEI Number |
|
1 |
Abhyudaya Co-op. Bank Limited |
335800KG5M297IU4T791 |
|
2 |
Bassein Catholic Cooperative Bank Ltd |
335800BNB6QJGLLQUK34 |
|
3 |
Bombay Mercantile Co-operative Bank Limited |
335800EBHPQ6523F7208 |
|
4 |
Export-Import Bank of India |
335800OFZ8YEIVN1QI11 |
|
5 |
Goldman Sachs (India) Capital Markets Pvt. Ltd |
BNYCRRX33E5OU2WAW724 |
|
6 |
ICICI Securities Primary Dealership Limited |
33580097BSYRDB39A191 |
|
7 |
IFCI Limited |
3358007NRXJW5PA61H06 |
|
8 |
Morgan Stanley India Primary Dealer Private Limited |
9G2GJRT7BRGD6ZNJFT50 |
|
9 |
NKGSB Co-operative Bank Limited |
335800SM3MDMBJGC2354 |
|
10 |
Nomura Fixed Income Securities Pvt Ltd |
335800QFR6AM34FHIC10 |
|
11 |
PNB Gilts Limited |
335800LD4MVSKJDWTR77 |
|
12 |
Small Industries Development Bank of India |
3358003NTGA2D7D31E14 |
|
13 |
SVC Co-operative Bank Limited |
549300OM47Z0Z2E7XU45 |
|
14 |
The Bharat Co op Bank (Mumbai) Ltd |
335800NLUFI5MTNO4878 |
|
15 |
The Clearing Corporation of India Ltd |
335800CNVQFGRCP1PR55 |
|
16 |
The Cosmos Co-operative Bank Limited |
3358003AVC4MGGOFRH54 |
|
17 |
The Kalupur Commercial Co-operative Bank Limited |
335800WWUTVNXQETIF86 |
|
18 |
The Maharashtra State Co-operative Bank Limited |
3358002SOIN1KGBDN953 |
|
19 |
The Saraswat Co-operative Bank Limited |
3358004XZ5GSB1CB9E84 |
|
20 |
Thomas Cook (India) Limited |
3358004YCPVBO1VKE410 |
|
21 |
TJSB Sahakari Bank Limited |
335800RBBCLBCQHBEK54 |
Source: Foreign Exchange Dealers Association’ of India
For foreign exchange services, make sure you connect with an authorised dealer or authorized money changer permitted by the Reserve Bank of India (RBI). Doing so is essential to avoid fraud and ensure compliance with FEMA regulations. Before proceeding with any transaction, you must verify that the business holds a valid RBI authorisation.
Need assistance in starting a Full-Fledged Money Changer Business? Connect with our FFMC license consultants at Registrationwala.
Hey there, I'm Dushyant Sharma. With the extensive knowledge I've gained in past 8 years, I have been creating content on various subjects such as banking, insurance, telecom, and all the important registration and licensing processes for various companies. I'm here to help everyone with my expertise in these areas through my articles.
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