Partnering for Excellence
Trust our wide network and expertise for the best forex services
At BookMyForex, we take pride in building strong and strategic partnerships with leading financial institutions and service providers. These associations enable us to offer our customers unparalleled forex services. Here’s a closer look at our key partnerships and the unique benefits they bring to our customers:
1. Yes Bank
Our collaboration with Yes Bank, one of India’s leading private sector banks, enables us to provide a wide range of forex products, including forex cards and international money transfer services. Customers benefit from reliable forex solutions, ensuring their international payments are smooth and hassle-free.
2. RBL Bank
By partnering with RBL Bank, a reputed bank known for its efficient banking services, we offer our customers quick and safe money transfer services. This association ensures that sending money abroad is a seamless and worry-free experience, with fast processing times and secure transactions. View More
| Legal Name |
RBL Bank Limited (AD Cat I) |
| RBI License Number |
6160073-6000009 |
| Products offered on BookMyForex |
Outward remittances |
| Customer Rate quoting mechanism |
The Forex product rates are driven by the best rate quoted by the authorized dealer over the prevailing Interbank rates. |
| Estimated timelines to credit to the beneficiary |
Generally the remittances are credited to the beneficiary within 48 working hours of successful processing from the partner’s end subject to KYC and AML compliances |
| Roles and responsibilities of the partner |
- Quote competitive rates for outward remittance on BookMyForex.
- Receive leads referred by BookMyForex based on the customer’s requirements for outward remittance.
- Adhere to RBI KYC and AML policies and execute orders accordingly.
- Execute the transfer to the beneficiary and share the SWIFT copy and GST invoice with the customer.
- Make sure the remittances are executed in timely manner.
|
| Important links |
RBL’s Grievance Redressal Policy: https://shorturl.at/hHP8l
RBL’s Privacy Policy: https://shorturl.at/hHP8l
|
3. Instarem
Our partnership with Instarem, a specialized money transfer service provider, enables us to offer fast, secure, and affordable international money transfers. Customers can send money abroad with ease. Additionally, we ensure that customers get great value for their money. View More
| Legal Name |
Instarem India Private Limited (AD Cat II) |
| RBI License Number |
BLR-ADII-0001-2023 |
| Products offered on BookMyForex Platform |
Outward remittances
Prepaid Forex Cards
Foreign Currency Notes
|
| Customer Rate quoting mechanism |
The Forex product rates are driven by the best rate quoted by the authorized dealer over the prevailing Interbank rates. |
| Estimated timelines to credit to the beneficiary |
Generally the remittances are credited to the beneficiary within 48 working hours of successful processing from the partner’s end subject to KYC and AML compliances |
| Roles and responsibilities of the partner |
- Quote the competitive rates for the outward remitance on BookMyForex
- Receive leads referred by BookMyForex basis customer’s requirements for the outward remittance
- Adhere to the RBI’s KYC and AML policies and execute the order accordingly
- Execute the transfer to the beneficiary and share the SWIFT copy and the GST invoice with the customer
- Make sure the remittances are executed in timely manner.
|
| Important links |
Instarem’s Grievance Redressal Policy:
Nodal officer : Ms. Neha Sharma
Email: reachus@instarem.co.in
Contact Number: 9611163050
Privacy Policy: Global Privacy Policy | Nium
|
4. Matrix Forex Services Pvt. Ltd
Partnering with Matrix enables us to provide one of the best and known outward remittance services. Matrix gives us confidence of trusted and convenient outward remittance experience. View More
| Legal Name |
Matrix Forex Limited (AD Cat II) |
| RBI License Number |
NDL-ADII-0023-2023 |
| Products offered on BookMyForex |
Outward remittances
Foreign Currency notes
|
| Customer Rate quoting mechanism |
The Forex product rates are driven by the best rate quoted by the authorized dealer over the prevailing Interbank rates. |
| Estimated timelines to credit to the beneficiary |
Generally the remittances are credited to the beneficiary within 48 working hours of successful processing from the partner’s end subject to KYC and AML compliances |
| Roles and responsibilities of the partner |
- Quote the competitive rates for the outward remittance on BookMyForex
- Receive leads referred by BookMyForex basis customer’s requirements for the outward remittance
- Adhere to the RBI’s KYC and AML policies and execute the order accordingly
- Execute the transfer to the beneficiary and share the SWIFT copy and the GST invoice with the customer
- Make sure the remittances are executed in timely manner.
|
| Important links |
Greivance officer details:
Nodal officer : Archna Singh
Email: nodalofficer@matrixforex.in
Contact Number: 9560202789
Matrix’s Privacy Policy:Privacy Policy at Matrix
|
5. 100+ RBI Approved Forex Vendors
We have partnered with over 100+ RBI-approved forex vendors across India. The vendors quote their rates, and our website shifts through the quotations to compare rates in real-time, so customers get the absolute best rates, no matter where they live in India.
BookMyForex Grievance Redressal Mechanism –
Click Here
