Join date: Jun 17, 2022


A Full Fledged Money Changer (FFMC) is a licenced organisation that can buy foreign currency from non-residents and residents of India and sell it to those travelling overseas for personal or business reasons. There are three sorts of full-fledged money changers (FFMCs), often known as authorised money changers:

Authorized Dealer Category – I Banks (AD Category – I Banks),

Authorized Dealer Category – II (AD Category – II),

Fully Fledged Money Changers.


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