FFMC Licence – Full-Fledged Money Changer Licence
FFMC Licence – Full-Fledged Money Changer Licence What is FFMC License ? A Full-Fledged Money Changer (FFMC) Licence is an authorisation issued by the Reserve Bank of India (RBI) under Section 10(1) of the Foreign Exchange Management Act (FEMA), 1999. It permits an authorised entity to carry out specified foreign-exchange activities, including purchasing foreign …
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