What is Foreign Exchange?
Forex (Foreign Exchange) refers to the conversion of one country's currency into another at agreed exchange rates. It is the world's largest financial market, enabling international trade, investment, travel, and remittances. Forex exchange services provide individuals and businesses with the facility to buy, sell, and transfer foreign currencies securely and conveniently.
How to avail Foreign Exchange Services?
At Abacus Capital, we offer reliable and transparent forex exchange services. Whether you are traveling abroad, sending money to family, or conducting international business transactions, our services ensure you get competitive exchange rates and quick processing.
To avail forex services, you need to:
- Provide valid KYC documents (PAN card, Aadhaar card, Passport, etc.).
- State the purpose of forex purchase (travel, education, remittance, business, etc.) as per RBI guidelines.
- Complete necessary forms for foreign remittance or purchase.
Funds can be exchanged either in cash, forex cards, demand drafts, or direct bank transfers depending on your needs.
Different Types of Foreign Exchange Services
We offer a wide range of forex exchange services catering to different customer needs:
- Currency Exchange Buy and sell major global currencies like USD, EUR, GBP, JPY, and more at competitive rates.
- Forex Travel Cards Prepaid multi-currency cards for international travelers. Secure, easy to carry, and accepted worldwide.
- International Remittances Send money abroad quickly and safely for education, medical expenses, family maintenance, or business payments.
- Traveler's Cheques & Demand Drafts Convenient modes of carrying foreign exchange for business or leisure travel.
- Business Forex Solutions Customized forex services for corporates, exporters, and importers to facilitate smooth cross-border transactions.
