The Advantages Of Having Full-Fledged Money Changer Licence

The advantages of having FULL-FLEDGED MONEY CHANGER LICENCE 1 A full-service money changer (FFMC) provides the ability to bring in and withdraw foreign currency. 2 They may exchange Indian Rupees for foreign currency from tourists or other visitors using foreign credit or debit cards, and they must act quickly to get their money back through proper and accepted banking methods. 3 When requested, the Full Fledged Money Changer (FFMC) will issue a certificate of encashment for purchases of foreign currency notes, coins, and travellers' checks from both residents and non-residents. 4 Full fledged Money Changer (FFMC) will conduct transactions involving foreign currency notes and travellers' checks at exchange rates set by market circumstances and consistent with the current market rates. www.enterslice.com