New Delhi, India – [Date] – As international travel, global trade, and foreign remittances continue to rise, the demand for foreign exchange services in India has grown significantly. To cater to this demand, the Reserve Bank of India (RBI) authorizes select entities as Full Fledged Money Changers (FFMCs) under the Foreign Exchange Management Act (FEMA), 1999.
A Full Fledged Money Changer is a company licensed by the RBI to deal in the purchase and sale of foreign exchange for specified purposes such as travel, business visits, overseas education, medical treatment, and more. With the correct authorization, FFMCs can operate legally across India and serve a wide base of customers.
Corpzo.com, India’s trusted legal and regulatory consultancy, offers complete support for FFMC registration and licensing, from document preparation to RBI approval and post-registration compliance.
🏦 Who Can Apply for FFMC License?
To apply for an FFMC license in India, an entity must:
Be a company registered under the Companies Act
Have a minimum net owned fund (NOF) of ₹25 lakh (for single-branch FFMC)
Maintain clean financial and legal records
Propose a secure premises and operational infrastructure
Meet all RBI compliance and reporting requirements
📝 Corpzo’s FFMC Registration Services Include:
✅ Pre-eligibility check and business planning
✅ Company incorporation (if required)
✅ Preparation of RBI application, annexures, and declarations
✅ Coordination with RBI and regulatory officials
✅ Support for premises setup, AML/KYC policies, and staffing
✅ Ongoing compliance and audit guidance
With its team of experienced legal and financial professionals, Corpzo ensures your journey from application to license approval is seamless and compliant.
📞 Get Your FFMC License with Corpzo
Whether you're launching a standalone forex service or adding foreign exchange to your travel or financial business, Corpzo.com provides the end-to-end support you need to operate as a licensed money changer in India.
📧 Email:
[email protected]
🌐 Website: www.corpzo.com
📞 Call: +91 9999 139 391
Tags:
#FFMCIndia #MoneyChangerLicense #RBIFFMC #Corpzo #ForexBusinessIndia #RBILicense #FinancialServicesIndia #FEMACompliance #ForexLicenseIndia