💱 FFMC License Registration Services in India

Get RBI Approval with Expert Guidance

If you're planning to offer foreign exchange services like currency exchange or traveler’s cheques, obtaining a Full-Fledged Money Changer (FFMC) License from the Reserve Bank of India (RBI) is a mandatory step. At legalTax Coin, we provide comprehensive consultancy and support for securing your FFMC License in a hassle-free manner.

💬 “Your gateway to global currency operations starts with the right license.”

📌 What is an FFMC License?

A Full-Fledged Money Changer License authorizes a company to buy and sell foreign exchange for specific permitted purposes like:

• Travel-related needs
• Education abroad
• Medical treatment
• Business travel
• Forex prepaid cards
• Traveler’s cheques

Only RBI-licensed entities can operate as authorized money changers in India under the Foreign Exchange Management Act (FEMA), 1999.

✅ Eligibility Criteria for FFMC License

To apply for an FFMC License from RBI, the applicant must:

✔️ Be a company incorporated in India under the Companies Act
✔️ Have a minimum Net Owned Fund (NOF) of:
• ₹25 lakhs for a single branch
• ₹50 lakhs for multiple branches
✔️ Have a clean track record – No convictions under FEMA, RBI Act, or other financial laws
✔️ Submit detailed business plans and KYC/AML compliance protocols
✔️ Ensure adequate infrastructure and systems for currency handling and reporting

⚙️ FFMC License Services at LegalTax Coin

Our expert team guides you through every stage of the licensing process:

🔹 Eligibility assessment
🔹 Preparation of detailed application to RBI
🔹 Drafting of Board resolutions & business plan
🔹 CA certification of Net Owned Funds
🔹 Assistance in KYC/AML compliance setup
🔹 Guidance for infrastructure readiness
🔹 Responding to RBI queries & follow-ups
🔹 Ongoing compliance advisory after license grant

💬 “We make RBI licensing simple, strategic, and swift.”

📞 Get Your FFMC License Today

Whether you're a startup or an established business entering the forex space, we provide professional assistance for FFMC License from the Reserve Bank of India.

📧 Email:
📍 Based in Delhi – Serving clients PAN India