RBI Forex License Drives Trust in Global Transactions

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RBI Forex License Drives Trust in Global Transactions

WSFx Global Pay Limited, a Reserve Bank of India (RBI) licensed authorized dealer Category II Foreign Exchange House, has launched 'Student Pay' – a Visa Forex Card specifically designed for Indian students studying abroad.

As an RBI-authorized entity, WSFx Global Pay adheres to all regulatory standards, ensuring secure and compliant foreign exchange services. The 'Student Pay' card offers students a convenient and reliable method to manage their finances internationally, reflecting the company's commitment to innovation within the parameters set by the RBI.

The RBI's authorization process for entities like WSFx Global Pay involves rigorous evaluation to ensure compliance with financial regulations and the ability to provide secure Forex services. This oversight is important in maintaining the integrity of foreign exchange operations in India.

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