Forex

With simplified foreign exchange services, we provide our customers with the power to travel anywhere in the world with little to worry about currency availability. Muthoot Forex offers hassle-free currency exchange services that are provided at competitive rates. Since we deal in all the major currencies like the Euro, US Dollar, British Pound, and Japanese Yen, our exchange services are useful for a wide array of avid travelers.

Muthoot Forex services are executed strictly as per the guidelines of the RBI. We also undertake agreements with hotels, resorts, travel agencies, hospitals, and emigration as well as student consultants for the sale/purchase of Forex.

Muthoot Forex offers the following forex services:

• Purchase & Sale of Foreign Currencies.
• Sales & Encashment of Travel Cards.
• Outward Remittances for Family/Personal maintenance.
• Inward Money Transfers.

Highlights of our services:

• Competitive & attractive exchange rates
• Minimum Handling charges
• Minimum time to send money abroad.
• Ideal for last-minute emergencies
• 5000 + Locations.

Foreign Exchange released for all the below purposes.

• Private visits,
• Remittance by tour operators/travel agents to overseas agents/principals / hotels,
• Business travel,
• Fee for participation in global conferences and specialized training,
• Remittance for participation in international events/competitions (towards training, sponsorship, and prize money),
• Film shooting,
• Medical treatment abroad,
• Disbursement of crew wages,
• Overseas education,
• Remittance under educational tie-up arrangements with universities abroad,
• Remittance towards fees for examinations held in India and abroad and additional scoresheets for GRE, TOEFL, etc.
• Employment and processing, assessment fees for overseas job applications,
• Emigration and emigration consultancy fees,
• Skills/credential assessment fees for intending migrants,
• Visa fees,
• Processing fees for registration of documents as required by the Portuguese / other Governments,
• Registration / subscription / membership fees to International Organizations.
• Maintenance to close relatives
• Gift remittance
• Repatriation of sale proceeds of ancestral assets by NRIs