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 Rate last updated 08 September 2010 14:10:39
 
 
  
 
Weizmann Forex has tie up with Citibank and Axis bank for issuing co- branded CWM card and Axis card which are prepaid cards. These cards can be used at Merchant outlets bearing the Visa Electron logo and at Visa / Visa Plus ATMs. The cash can be withdrawn from about 6,50,000 ATM locations worldwide, 24 hours a day, 7 days a week. Moreover, by using these cards, travelers can withdraw cash in the local currency of any country that they are visiting.

CWM cards are being issued in 3 currencies denominated in US Dollars, Pound Sterling & Euro. Axis Cards in 5 Currencies denominated in US Dollar, Pound Sterling, Euro, Australian Dollar & Canadian Dollar. These Cards can be issued upto the maximum value of USD 25,000 or its equivalent.


About Us

Weizmann Forex Ltd. is having its registered office in Mumbai and Corporate office in Bangalore. The company is authorized by the Reserve Bank of India to carry out full fledged money changing business. Though in 1990, RBI liberalized the policy of granting money changing licence, yet today only a handful of national level players remain in the fray. Having captured a significant market share by its professional and ethical business approach. Weizmann Forex Ltd. presently occupies a pride of place in this business being one of the top leading Companies in India. With a modest beginning of four branches, Weizmann Forex has grown multifold to become a leading player in the retail foreign exchange market with a network of 115 locations spread all over India. On the basis of its tenure in the industry and the compliance policy followed by the company, Weizmann Forex has been upgraded to the status of Authorized Dealer Category-II by RBI, making it as one of the first five entities to obtain this license in India. Also we deal in General Insurance, International Travel Card, Western Union Money Transfer and Wealth Management business.

Weizmann Forex Limited is a part of the WEIZMANN group. WEIZMANN is a Mumbai based Rs 7.5 billion group active in the field of Textiles Manufacturing and Exports, Wind and Hydro Power Generation, Money Changing, International money transfer and Wealth Management.

MAJOR COMPANIES OF WEIZMANN GROUP
Company Activities
Weizmann Ltd. Textile processing and exports, power generations from renewable energy sources.
Weizmann International Ltd. Textile exports.
Weizmann Corporate Services Ltd. Services to Weizmann Group
Weizmann Forex Ltd. AD Category, Money Transfer and Wealth Management
Karma Energy Ltd.  Wind farm development.
Greenweiz Projects Ltd. Wind farm development and project management.
The Weizmann Forex Ltd has wide network, spread its network across India and occupies a pride of place by its professional and ethical business approach.