As India continues to grow and develop, more and more people are exploring opportunities to live, work, and invest in the country. However, with different types of visas, residency statuses, and investment options available, it can be challenging to navigate the...
These days, many Institutions worldwide are accepting payments through FLYWIRE and have made It compulsory. Flywire is headquartered in Boston, Massachusetts, United States and is a payments enablement and software firm with the purpose to execute the most significant...
E-BRC- A digital proof of completion of export E-BRC (Electronic-Bank Realizations Certificate) is a certification for all export businesses. Banks issue this as a confirmation to the exporters for goods they have shipped and payments they have received from...
WUBS now have commonly known as Convera. It was formerly known as Western Union Business Solutions. It is the largest non-bank B2B Cross-border payments company in the world. They offer better money moves to their customers, enabling them to generate greater...
The MTFX Group of Companies, a top supplier of technologically advanced worldwide payment solutions, offers PayMyTuition, which provides cutting-edge solutions with next-generation payment technology to several industry verticals as a dependable partner for more than...
GIC- The name “GIC” stands for “Guaranteed Investment Certificate,” and it refers to a short-term liquid investment that Canadian banks typically issue for up to a year. It is intended for Indian students who wish to enrol at universities that are part of the Student...
Interbank exchange rates refer to the exchange rates at which banks buy and sell currencies from each other. These rates are important because they affect the value of currencies for businesses and individuals who need to exchange money across different countries. In...
What is a Forex card rate? A forex card exchange rate is like a display board where a bank publishes exchange rates for buying and selling foreign currencies, travel cards, and currency notes. The spread between buying and selling currencies in a card rate is...
The government had received requests from Export Promotion Councils and leading exporters that they should continue with the current Foreign Trade Policy (2015-20), which had been extended from time to time. The government has always involved all stakeholders in...
Forward Contract Meaning: A forward contract is a contract between the bank and its customer to buy or sell a specific currency at a specified future price for delivery on a specified future day beyond the Spot Date. Period of Delivery: A contract can be booked...
What Is a Currency Forward Contract? A currency forward contract can be defined as buying or selling a specific currency at a specified future price for delivery on a specified future date. Who Can Book a Currency Forward Contract? Any importer or exporter having...
Travelling overseas is exciting because of the chance to experience new cultures, indulge in delicious cuisine, and make lifelong memories. But in all of the careful preparation and packing, one important component is frequently overlooked: carrying foreign currency...
Traveling Abroad? Here's How Much Foreign Currency You Can Take Planning a trip abroad? Whether it's a family vacation, a business meeting, or studies, there are limits on how much foreign currency you can take with you from India. This guide will outline the...
