Muthoot Fincorp

Muthoot Fincorp, a prominent name in India's financial landscape, extends its trusted services to the realm of foreign exchange through strategic partnerships, including with Extravelmoney. Built upon a century of experience in providing accessible financial solutions, Muthoot Fincorp now facilitates seamless forex transactions for the past 30+ years for its vast customer base. Leveraging its extensive network of branches, they offer convenient access to essential forex services.

Customers can benefit from services like foreign currency exchange, prepaid foreign cards, outward remittance services, providing a reliable channel for managing forex transactions. Their commitment to customer convenience and reliability aligns perfectly with Extravelmoney's mission to simplify foreign exchange transactions.

By partnering with Muthoot Fincorp, Extravelmoney brings accessible forex solutions to a wider audience across India. This collaboration ensures that customers can confidently manage their international financial needs, backed by the trusted name of Muthoot Fincorp and the streamlined services of Extravelmoney.

• Provide exchange rates to ExTravelMoney for multiple currencies and remittance purposes.
• Receive the customer lead when their quoted rate is the best in the customer’s location.
• Verify the customer’s eligibility, collect & confirm the required KYC documents.
• Accept payment from the customer as per the approved estimate.
• Execute the transfer to the beneficiary via its partner AD1 banks.
• Share the SWIFT copy and the GST invoice, along with the required breakups, with the customer.

Expected time for beneficiary credit: International remittances (Wire/TT/SWIFT) are credited within three international working days, subject to AML and compliance clearance at both ends.

• Outward Remittance from India under LRS
• Buy & Sell of Foreign Currency Notes
• Prepaid Forex Travel Card