Weizmann Forex is one of the first few entities to obtain a license to provide retail foreign exchange services in 1993. Since then it has been offering services (sales & purchase) to the corporates and leisure travellers in India. With the experience and expertise developed in the field of foreign exchange over the years, the company has in its list of clientele some of the leading names of the Indian and global corporate world.
Foreign Currency Traveller's Cheques
Travellers Cheques are a safe and easy way to protect your money when you travel. You can encash them only when you need to, and only against your signature, unlike cash which can be stolen and misused by anybody, immediately. Loss of Travellers Cheque can be reported anywhere in the world by making a single phone and the pre-fixed amount on the cheques are made refundable.
Travellers Cheques are offered in major currencies like USD, GBP, Euro, CAD, AUD and JPY. These are available in various denominations to suit your needs. At present WFL offers American Express Travellers Cheques which are widely accepted at Merchant Establishments and Financial Institutions in more than 200 countries.
Foreign Currency Cash
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Foreign Currency Cash is a convenient way of meeting personal expenses during your journey, paying for taxis / internal travel, food expenses etc.
You can buy or sell Foreign Currency Cash in USD, GBP, EURO, AUD, CAD and many
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| other currencies from our branches across India. |
Weizmann Forex Cobranded Prepaid Forex Cards
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Weizmann Forex - Citibank World Money cards (CWM),
Weizmann Forex - Axis Bank Travel Currency Card
Weizmann Forex brings you the choice of two Cobranded Prepaid Forex Cards - pre-paid traveller's cards designed to give you a secure and hassle-free travel experience.
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| No more chasing moneychangers or paying transaction charges for shopping abroad. Weizmann Forex Cobranded Prepaid Forex Cards are ideal for travellers since they can be hot listed if stolen & reloaded, while you are still abroad! In fact, it is the perfect answer to all your foreign exchange needs.
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Foreign Currency Demand Draft
You can now avail of our foreign currency "Demand Draft" facility to make payments for various purposes like:
- Payment of University fees abroad
- Making a gift remittance to a friend or relative
- Payment of application fees for various exams like TOEFL, GMAT etc.
- Payment for medical treatment abroad
- Payment for Film Shoots abroad
- And all other permitted purposes as per the RBI guidelines.
Foreign currency Demand Drafts are issued in currencies such as United States Dollars (USD), Great Britain Pounds (GBP), EURO, Japanese Yen (JPY), Australian Dollars (AUD), Canadian dollars (CAD), New Zealand Dollars (NZD), Hong Kong Dollars (HKD), Swiss Francs (CHF) and Singapore Dollars (SGD).
Foreign Currency Remittances
Weizmann Forex Ltd. is RBI approved "
AUTHORIZED DEALER - CATEGORY II" and is authorised to
RELEASE / REMIT FOREIGN EXCHANGE for the following:
- Private / Business / Leisure Visits.
- Remittance by tour operators / travel agents to overseas agents / principals / hotels.
- Medical Treatment abroad.
- Visa fees.
- Registration / Subscription / Membership fees to International Organizations.
- Fee for participation in global conferences and specialized training.
- Employment and processing, assessment fees for overseas job applications.
- Emigration and Emigration Consultancy Fees.
- Skills / credential assessment fees for intending migrants.
- Remittance for participation in international events / competitions (towards training, sponsorship and prize money).
- Overseas Education.
- Remittance under educational tie up arrangements with universities abroad.
- Remittance towards fees for examinations held in India and abroad and additional score sheets for GRE, TOEFL etc.
- Film shooting.
Weizmann Forex has entered into tie-ups with partner banks to issue foreign currency demand drafts and effect wire transfers through their correspondent banking network to any corner of the world. Demand Drafts and remittances can be issued in major currencies like US Dollar, Great Britain Pound, Euro, Australian Dollar, Canadian Dollar, and Japanese Yen.
Cash to Master
Often, foreign ships travel through India and dock their vessels at various ports / harbors in the country. One of the major requirements during such temporary stays, is that of FCY Cash that has to be made available to the Captain of the Ship for covering Crew wages or for other expenses on board the ship.
These requirements are usually met through a facility called "Cash to Master". To collect this cash, the master of the ship has to approach the branch with his passport and a duly filled up application form. This product is available only in United States Dollars, Pounds Sterling and Euro Currencies.
Please contact your nearest branch for more details.
Foreign exchange facilities can be availed by customers at any of our branches transacting in Foreign Exchange. You can buy FCY Cash, TC's and FCY DD's from any our branch and also encash your TC's and Cash at our branches.
Foreign Exchange can be availed against payments by Cash, Cheque or Pay Order/ Demand Draft. A maximum of Rs. 49,999/- (as per Indian Tax Laws) will be accepted in cash and any amount above Rs. 49,999/-, against a Pay Order or Cheque after clearance of the same. You need to carry the required Documentary Proof for issuance of Foreign Exchange.
Please contact your nearest Weizmann Forex branch for documentation.
Please choose a city to locate a Forex services Centre address.