* WALKINS ARE NOT ALLOWED * PRIOR APPOINTMENT TO BE TAKEN BEFORE VISITING OUR OFFICE * OFFICE TIMINGS IS 10AM - 2PM (MONDAY - FRIDAY) * POST LUNCH APPOINTMENTS ARE ONLY CASE TO CASE BASED * SUNDAYS ARE CLOSED * PASSPORT FEES ARE REVISED BY THE MINISTRY OF EXTERNAL AFFAIRS * SPECIAL US EMBASSY FEES INTRODUCED FOR EMERGENCY APPOINTMENTS

FOREIGN EXCHANGE HANDLING

Foreign exchange handling is the process of converting, managing, and recording transactions that use different country currencies. It helps businesses and banks handle international trade, pay global invoices, and reduce money loss from changing currency values.

Key Parts of Foreign Exchange Handling

Currency Conversion: Changing one local currency into another country’s currency at current market rates.

Risk Management: Using tools like forward contracts or options to lock in prices and protect money from bad market shifts.

Compliance: Following legal rules, such as local tax laws and central bank guidelines, for moving money across borders.

Multi-Currency Accounts: Holding different global currencies in one place to avoid constant change fees.