Foreign Currency

RRSB Forex - The Most Trusted Name in Foreign Currency Exchange in India

RRSB Forex is the most reputed and trusted platform for foreign currency exchange in India, money remittance, and foreign travel cards in India. We built our institution and reputation on the trust bequeathed upon us by our valuable customers. The transparent business done by our customers is the reason why RRSB Forex is the only place they go. Our customers can do any foreign currency exchange with ease. Whether you want to buy, sell, or send money abroad, at RRSB Forex you are assured of the highest quality of services and the most competitive rates for the most returns on your money.

Foreign Currency Exchange in India

Over the past century, RRSB Forex has been at the forefront of propagating foreign currency exchange in India to new heights. The company has pioneered the dealings in foreign currency for the masses. With an exceptional depth of coverage all over the country, it is easy to see why the name of RRSB Forex has become synonymous with foreign currency exchange.

What Are the Ways of Exchanging Indian Rupee to Foreign Currencies and Foreign Currencies to Indian Rupee?

Indian residents can exchange Indian Rupee to foreign currencies and foreign currencies to Indian rupee through the following five methods:

Money exchangers are a common source to exchange money.
Tourists are familiar with currency exchange kiosks at most international airports in India.
Banks are a common institution to exchange money into foreign currencies.
The Reserve Bank of India has authorized some money changers in India who can exchange between Indian Rupees and other foreign currencies.
Reliable forex companies like RRSB Forex are by far the most reliable and the most profitable way to exchange between Indian Rupees and other foreign currencies. RRSB Forex has a wide network spread across most cities all over India, deals with as many as 36 currencies, and provides competitive forex rates without charging high transaction fees, service charges, or other miscellaneous expenses, while processing transactions faster, with more security, and at the complete convenience of the customer.

RRSB Forex and Foreign Currency

With RRSB Forex, you can enjoy multiple foreign currency services.

Buying Foreign Currency: You can exchange your money in Indian Rupees for an equivalent value in any foreign currency you want.
Selling Foreign Currency: You can exchange your money in any foreign currency for an equivalent value in Indian Rupees.
Transfer Money to Foreign Countries From India.

Why Choose RRSB Forex When it Comes to Foreign Currency Exchange Services?

Enjoy competitive currency exchange rates for foreign currency exchange, better than typical vendors or airport exchange terminals.
Deal with the latest and live rates of foreign currency in the market, no haggling or bargaining required.
Exchange your currency directly, without having to go through any kind of middlemen.
Complete your business with us successfully from any location in India thanks to our coverage all over the country.
Enjoy big savings when availing of our services, with very little to no transaction charges and competitive rates of foreign currency exchange.

The RRSB Advantage

Exchange your money from Indian Rupees to as many as 36 different foreign currencies, and back again.
Shop hassle-free with good quality notes in the denominations of your choice.
Enjoy the convenience of doorstep delivery in major metropolitan cities all across India.
Do foreign currency exchange free of worries with no minimum order size restrictions.
Competitive rates mean you have a one-stop shop for all your foreign currency needs with RRSB Forex.

Why Go For The Best Rates With RRSB Forex?

The live currency exchange rate of foreign currencies is the most important factor in doing business with foreign currencies. It determines the value of the money in hand which is to be exchanged. It is essential to get the best returns for the sum being exchanged in order to maximise profit. At RRSB Forex, customers enjoy the advantage of getting the live currency exchange rate when they choose to exchange their money, guaranteeing the best possible exchange value. Our rates are among the most competitive that you will find in the market. We know what our customers value, and it is our mission to bring that to them.

Why Pay More When You Do Not Need to Spend a Dime With RRSB Forex?

Transactions in foreign currencies are usually charged at high rates, making them difficult to justify. Banks and other vendors make the most of people wanting to exchange their money in foreign currencies or vice versa. With RRSB Forex, it is time to forget all about such transaction fees and service charges. “Hidden charges” is a term that we do not have in our dictionary. We deliver the best possible service all over the country, at the customer's doorstep, without charging anything extra or unnecessary.

Frequently Asked Questions

How much of currency and travel card can I buy?

A resident Indian can buy upto USD 3000 in currency notes per overseas trip (except Nepal & Bhutan). Remaining amount can only be purchased in form of travel card. RRSB forex provides travel card in both visa and master card which is safe and convenient way of carrying forex. There is higher currency notes limit for following countries: - USD 5000 for travel to Iraq & Libya - Full quota for CIS countries & Iran - Full quota for Hajj/Umrah (subject to limit set by Hajj committee)

I am travelling to two countries. Can I buy USD 3000*2 in currency notes?

Traveler visiting multiple countries will be counted as single trip for issuance of forex. In a singled journey covering more than one country will be counted as one trip for issuance of foreign exchange. Maximum currency notes worth USD 3000 can be issued and balance amount to be taken in travel card or travellers cheque.

How to reconvert INR into foreign currency while travelling back from India?

Foreigners / non residents can reconvert INR into forex against their encashment certificate subject to following : - Valid passport and visa required - Departure from India is within 7 days (confirmed ticket required) - Valid encashment certificate (Not needed upto INR 10,000) - Against ATM slip upto Rs. 50,000

I have USD 5000 to encash in Indian rupees. Can I get payment in INR cash?

Resident Indians can encash upto USD 1000 equivalent against INR cash payment. Above this payment thrugh cheque / bank transfer only. Non residents / foreigners can be paid INR cash upto USD 3000 equivalent against encashment.

Why PAN card is mandatory for buying foreign exchange?

Any amount of foreign exchange purchased by resident Indians is part of their annual LRS entitlement (Liberlised Remittance Scheme). As per current limits a resident indian can purchase upto USD 250,000 in a financial year for all purchases listed under LRS e.g. travel, higher studies, gift, maintenance of close relatives. This LRS limit is inclusive of LRS transactions of capital nature e.g. purchase of property abroad, investment in shares / subsidiaries. To track this usage PAN has been made mandatory and required for every release of exchange under LRS.

Why is necessary to have original passport and PAN card while buying exchange?

The authorised moneychanger has to verify originals while issuing forex. This is to part of KYC process and also required to avoid misuse of copies by someone.

Can I pay part in INR cash and part through bank transfer while buying exchange?

For buying exchange worth Rs. 50,000 and above the payment has to be mandatoriy through bank transfer. INR cash payment is allowed below Rs. 50,000 only. Splitting of payment between INR cash and cheque / bank transfer is not allowed.

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