Remittance Through Approved Forex Vendors

PAYMENTS FOR URGENT BOOKINGS

For urgent bookings where there is insufficient time available for making a wire transfer through you, you may make the payment to us by using the services of one of the following approved forex vendors – 

Telegraphic Transfer Through Our Approved Forex Vendors

You can make a normal telegraphic transfer through any of our approved vendors below, and once the payment is received at their end, they will issue a confirmation of payment received to us, and we will go ahead and confirm your bookings, even if the actual remittance reflects in our account on a subsequent date. You can do this from anywhere in India without having to leave your office, by just complying with the documentation requirement and transferring the funds in INR to the concerned Forex Vendor’s account.

Disclaimer: It may kindly be noted that this is merely a facility being provided for ease of remittance and neither Continental HK nor any of the approved forex vendors are liable for each other’s services, as both are independent organisations. The documentation requirements of the forex vendors, as mandated by Reserve Bank of India, must be complied with.

Currently approved vendors are –

 

RR Sen & Bros (P) Ltd

Introducing the concept of money changing in 1912, the Sen family established R.R. Sen & Brothers (Pvt) Ltd., the very first foreign exchange dealership in India, which is today famous as RRSB FOREX.

RRSB Forex is committed to providing professional services with a personal touch in all of its foreign exchange dealings. Providing risk and hassle free service, retaining its name among the top sellers of Foreign Exchange and establishing a wide network in North, South, East & West India constitutes the zealous mission of RRSB Forex.

Travel Remittances

RRB Forex are authorised by RBI for overseas remittances, being AD2 license holders, and are already providing this service to many travel trade partners in India through all their branches.

Documentation 

ONE TIME KYC DOCUMENTS REQUIRED:

  • memorandum  of the company.
  • Company incorporation certificate.
  • Company pan card.
  • Any utility bill as company address proof (Telephone, Electricity, etc).
  • list of authorised signatories on letter head (Format Attached).
  • GST Details

Note:- Kindly seal and sign all the documents.  

Following documents are required to send remittance:

  • A2 form on company letter head duly filled, seal & signed (format attached)
  • Invoice from the vendor should be signed and stamped.
  • Passport copies of passengers or you can provide list of passengers on company letter head with company seal and signature.

    Terms & Conditions

    1. It is mandatory to send above scanned documents to RRSB Forex at the time of making your initial request for remittance, without which they will not process the remittance. This should be followed by sending hard-copy to them by courier.
    2. Payment in INR to be deposited in RRSB Forex account by NEFT / RTGS / Cheque / DD only . No Cash Deposits.
    3. Please note that TT will only be processed after the funds are creditedin their account and documentation requirements are completed.
    4. Our remittance charges are INR 200 + GST 
    5. Best available conversion rates will be applied.

    Banking Details of RRSB Forex for fund Transfer are as below.

    Beneficiary Name in all the Banks  R.R.SEN & BROS. PVT. LTD is same.

    Bank Name Bank Address Account Number IFSC CODE
    1 PUNJAB NATIONAL BANK K G MARG NEW DELHI 01. 1120002100056428 PUNB0112000
    2 INDUSIND BANK LTD GOPAL DAS BHAWAN,C P NEW DELHI. 200998913560 INDB0000005
    3 AXIS BANK LTD C P NEW DELHI. 007010200062019 UTIB0000007
    4 HDFC BANK LTD K. G MARG CP NEW DELHI 01 00030410000075 HDFC0000003
    5  KOTAK MAHINDRA  BANK K G MARG NEW DELHI 01. 01722000000262 KKBK0000172
    6 THE RATANAKAR BANK LTD BABA KHARAG SINGH MARG NEW DELHI 859118 RATN0000100
    7 ICICI BANK LTD. 9A PHELPS CONNAUGHT PLACE NEW DELHI 000705041392 ICIC0000007
    8 STATE BANK OF INDIA N.D MAIN BRANCH11,PARLIAMENT STREET N.D 11084232830 SBIN0000691

    Contact Person

    Mr Deepak Chauhan – Area Manager

    RR Sen & Bros (P) Ltd

    50&68, World Trade Centre (G.F.), Babar Road, Connaught Place, New Delhi 110001

    Ph: 91-11-23412180 / 3044 / 3132 / 4004  Mobile – 91-8586985614/ 9654248936

    Email – deepak@rrsbforex.com

    Paul Merchants Limitedlogo-pml

    PAUL MERCHANTS LTD, is an ISO 9001-2008 certified company dealing in foreign exchange, a primary agent for Western Union in India, Travel & Insurance. We are  a leading player in Forex industry since 1995 and have 650+offices all over India and 18000 franchise for western union in India, (including Muthoot Finance , Punjab & Sind Bank, United Bank of India as our sub-agents, with our corporate office at Chandigarh and our registered office at Pusa Road , New Delhi.

    We are AD2 License holders that means we can do remittances just like banks for travel payments overseas to suppliers, students traveling abroad for studies, bank transfers for students for fees and various purposes,  immigration clients, people going for medical treatments, to remit money  under many more categories.

    Services – TRAVEL REMITTANCES

    We can send the payments to your overseas travel partners for any kind of hotel bookings/land & other services arrangements as we are authorised by RBI for doing the same being the AD2 license holders at better services and rates then any banks can offer. we need the following documents for the same.

    Documentation

    1. A2 form of our company to be signed & stamped by your representative.
    2. Invoice from your travel partner from overseas in your company name.
    3. Passport copies/visa copies of the passengers booked in that invoice.
    4. Request letter on your company letter head.

    ONE TIME KYC DOCUMENTS REQUIRED

    1. MEMORANDUM OF THE COMPANY-TRAVEL AGENT
    2. PAN CARD OF THE TRAVEL AGENT
    3. LATEST TELEPHONE BILL COPY FOR ADDRESS PROOF.
    4. LIST OF AUTHORISED SIGNATORIES ON LETTER HEAD.

    Terms & Conditions

    1. It is mandatory to send above scanned documents to PML at the time of making your initial request for remittance, without which they will not process the remittance. This should be followed by sending hard-copy to them by courier.
    2. Payment in INR to be deposited in PML account by NEFT / RTGS / Cheque / DD only . No Cash Deposits.
    3. Please note that TT will only be processed after the funds are credited in our account and documentation requirements are completed.
    4. We will be charging Rs. 300.00 transfer charges + service tax as applicable by the govt on the total INR amount of the remittance
    5. Best available conversion rates will be applied.

    BANK ACCOUNT DETAILS OF PAUL MERCHANTS 

    Bank Name Account No. RTGS Code Branch 

    • HDFC Bank 00030410000058 HDFC0000003 Surya Kiran building, New Delhi – 110001
    • ICICI Bank 000705017031 ICIC0000007 9A, Phelps, Connaught Place, New Delhi – 110001
    • AXIS Bank 007010200043582 UTIB0000007 Statesman Building, New Delhi – 110001

    Contact Persons 

    Ms Shalini Sehgal

    Territory Manager-Forex & Outbound

    Paul Merchants Ltd – New Delhi

    Cell 9310987223

    Email: shalini@paulmerchants.net

    Mr Rajendra Garware

    Area Manager – Forex

    Paul Merchants Ltd – Mumbai

    Cell 9373837667 / 9892599747

    Email:  rajendra@paulmerchants.net

    Mr M V Nageswara Rao

    Sr Area Manager – Forex

    Paul Merchants Ltd – Hyderabad

    Cell 91-9396640066

    Email: forexap@paulmerchants.net

     

    Centrum Direct Limited

    Incorporated in 1998, CentrumDirect has grown to become one of the largest players in retail Foreign Exchange Services with a turnover of approximately INR 10,000 crores. With our wide network of 125 branches spread across 48 cities, including major airports and tourist destinations, we strive to accomplish our mission to be where our customers are – something that is reflected in our tagline ”Think Forex, Think Centrum”. We offer a wide range of services that include Foreign Exchange, Corporate & Leisure Travel, Insurance, Visa & E-business. Our ability to constantly innovate and introduce new solutions like the first prepaid Forex card called the Centrum Travel card, has led us to be pioneers in the industry.

    Contact Person:

    Ms Nishtha Sharma, Manager – Sales

    Centrum Direct Ltd

    Unit No. : 36, First Floor , Vasant Square Mall, Vasant Kunj, New Delhi 110070

    Phone: +91 9650292757

    Email: Nishtha.sharma@centrum.co.in

    Documentation

    Before proceeding with the transaction for Continental, kindly provide the KYC documents as per below requirements—

    1. MOA, AOA and Certificate of incorporation
    2. PAN Card of Company
    3. Address Proof (Any Utility Bill)
    4. Letter of Authority LOA (Attached) on letterhead
    5. ID Proof of Signatories In LOA
    6. Ownership beneficial information
    7. GST Details and certificate

      All documents need to be certified with company’s stamp and signature. You need to provide KYC documents one time only. Documents required for each individual remittance are “Form A2 & Declaration – Tour remittance” (attachment) and Tour Invoice. These need to be provided for every remittance done by the Travel Agent with stamp and sign on each page including the Tour invoice.

      Bank Details:  

      ICICI Bank HDFC Bank
      Bank Br: Mumbai

      A/c- Centrum Direct Ltd

      A/c No- 055505003683

      IFSC-ICIC0000555

      Bank Br: R. K Puram

      A/c- Centrum Direct Ltd

      A/c No- 05880330000032

      IFSC- HDFC0000588

      Please note that the KYC is needed in hard copy. The remittance documents are to be shared digitally at the time of remittance and hardcopies need to be sent to Centrum by the end of the month.

       

      Disclaimer:

      It may kindly be noted that this tie-up with approved forex vendors (AD-II License Holders)  is purely an optional convenience service and neither Continental HK nor the listed forex vendors are responsible for each other’s services, and each organisation is  independent of each other. Please be guided by the above information for detailed terms and conditions. The remitting party is free to make the Telegraphic Transfer through any bank or other supplier of their choice, provided that the payment reaches the Hong Kong account within the given deadline. All remittances are subject to RBI regulations, and it is the responsibility of the remitting party to ensure compliance with RBI guidelines in this regard.