Full Fledge Money Changer License
Full-Fledged Money Changer is a company that that carries out trading activities like forex currency after a prior approval from the Reserve bank of India. These companies are sanctioned under the Foreign Money Exchange Act, 1999. The Reserve Bank of India authorizes the Business entities to deal with foreign exchange for specific purposes. These business entities are referred to as Authorized Money Changers or AMCs.
From Forex trading to money changing, from dollars to rupees to any other currencies, becoming an authorised money changer can assist you a lot.