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Your trusted partner for secure and efficient remittance services β Travel, MICE, Education, DMC's Payment Collection & Business Remittance
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Agent LoginOverview
International travel, whether for vacation, business, education, or medical treatment, requires adequate foreign currency arrangements. At KRK FORX GLOBAL LLP, we simplify the process of sending and carrying money abroad with our Travel Remittance Services. We ensure every transaction is RBI-compliant, fast, and transparent, giving travelers complete peace of mind.
Why Choose KRK FORX Travel Remittance?
Global currency access (USD, GBP, EUR, CAD, AUD, JPY & more)
Flexible modes β Wire transfers, demand drafts, prepaid forex cards, or cash (within RBI limits)
Competitive exchange rates with zero hidden charges
Same-day processing for urgent needs
Personalized assistance by experienced forex experts
100% RBI & FEMA-compliant transactions
Required Documents
Valid Passport & Visa
Confirmed Air Ticket
PAN Card (for higher amounts)
Address & Identity Proof (KYC documents)
Common Use Cases
Tourism and holiday trips
Business meetings and conferences abroad
Medical treatment expenses overseas
Students traveling for higher education
Travel Remittance FAQs
Q1. How much foreign currency can I carry while traveling abroad?
As per RBI guidelines, a traveler can carry up to USD 3,000 in cash, and the remaining amount can be loaded on forex cards or travelerβs cheques.
Q2. Can I use my debit/credit card abroad instead of remittance?
Yes, but it usually attracts higher charges. Forex cards and direct remittance are more cost-effective.
Q3. Is there any tax applicable on travel remittance?
Yes, TCS (Tax Collected at Source) may apply as per income tax rules.
Q4. How long does it take to process a travel remittance?
Most remittances are processed the same day after submitting documents.
Q5. Can I remit money abroad for a relativeβs travel?
Yes, close family membersβ expenses can be covered under LRS (Liberalized Remittance Scheme).
Q6. Is travel remittance safe with KRK FORX GLOBAL LLP?
Absolutely. All transactions are secure, authorized by RBI, and fully documented.
Overview
Organizing or attending Meetings, Incentives, Conferences, and Exhibitions (MICE) abroad requires handling bulk payments and foreign currency needs. KRK FORX GLOBAL LLP specializes in MICE Remittance Services to support corporates and institutions in managing their event-related international transactions seamlessly.
Benefits of Our MICE Remittance Services
Bulk remittances made easy for groups & events
Corporate forex rates with preferential pricing
Customized forex and remittance planning
Compliance with FEMA & RBI guidelines
Dedicated relationship managers for corporates
Process
Requirement analysis and event planning
Documentation & KYC verification
Secure transaction execution (wire transfer, forex card, draft)
Detailed reporting & post-transaction support
Common Use Cases
Corporate conferences & seminars abroad
International trade fairs & exhibitions
Incentive tours & employee reward trips
Vendor payments for international events
MICE Remittance FAQs
Q1. What is MICE remittance?
It refers to sending forex abroad for corporate events such as meetings, incentive tours, conferences, and exhibitions.
Q2. Can companies send bulk forex for employees?
Yes, under RBI norms, corporates can send bulk remittances for group allowances and travel.
Q3. What documents are required?
Company KYC, PAN, event invitations, booking confirmations, and purpose declaration.
Q4. Are there limits for MICE remittances?
No fixed limit, but all transactions must comply with RBI & FEMA rules.
Q5. Can payments be made directly to foreign vendors?
Yes, funds can be remitted to hotels, organizers, and vendors abroad.
Q6. How does KRK FORX support corporates?
We offer bulk forex at better rates, fast execution, and compliance guidance.
Overview
Studying abroad is a dream for many, but it comes with financial challenges like tuition fees, accommodation, and daily expenses. KRK FORX GLOBAL LLP makes it easy with Education Remittance Services, ensuring safe, compliant, and on-time transfers for students.
Why Choose Our Education Remittance?
Direct tuition fee transfer to universities abroad
Monthly or lump-sum living expense remittances
GIC (Canada) & Blocked Account (Germany) transfers supported
Prepaid forex cards & demand drafts for students
Transparent, RBI-compliant transactions with no hidden charges
Required Documents
Admission/offer letter from the university
Fee invoice/payment request
Student passport & visa
PAN card of the remitter
KYC documents
Benefits
Fast transfers with no delays in fee payments
Compliance with LRS (Liberalized Remittance Scheme)
Best forex rates for high-value education transfers
Dedicated assistance for students and parents
Education Remittance FAQs
Q1. How much money can be remitted for education abroad?
Up to USD 250,000 per financial year under RBIβs LRS.
Q2. Can parents pay tuition fees directly?
Yes, payments can be made directly to universities/colleges.
Q3. What is GIC and how does KRK FORX help?
GIC (Guaranteed Investment Certificate) is required for Canada. We help transfer money securely to Canadian banks.
Q4. Can remittances include living expenses?
Yes, expenses for housing, food, and travel can be included.
Q5. What happens if a student visa is rejected?
Refunds can be requested from the institution, and the money can be repatriated back as per RBI rules.
Q6. Are there hidden charges?
No. Our services are fully transparent and cost-effective.
Overview
Global business requires cross-border payments for imports, exports, investments, and services. At KRK FORX GLOBAL LLP, we offer Business Remittance Services that are fast, compliant, and tailored for corporate needs.
Services Offered
Import & export payment settlements
Overseas investments & branch funding
Professional service fee payments abroad
Corporate travel expense remittances
Vendor & supplier settlements
Why Choose KRK FORX for Business Remittance?
Fully RBI & FEMA compliant services
Dedicated relationship managers for corporate clients
Fast processing for time-sensitive business needs
Tailored forex strategies for SMEs & large corporations
Competitive exchange rates with transparency
Required Documents
Import/export contracts or invoices
Corporate KYC documents
PAN & GST details (if applicable)
Purpose declaration
Business Remittance FAQs
Q1. What is business remittance?
Sending money abroad for trade, services, investments, or corporate expenses.
Q2. Can profits/dividends be remitted abroad?
Yes, companies can remit profits, dividends, royalties, and technical fees.
Q3. Is there a limit on business remittance?
No fixed limit, but all transactions must comply with FEMA guidelines.
Q4. How fast can business remittances be processed?
Usually within 24β48 hours, depending on documents.
Q5. What documents are required?
Import/export invoices, contracts, company PAN/GST, and KYC.
Q6. How does KRK FORX benefit corporates?
We ensure better forex rates, faster execution, and compliance support, reducing both cost and risk.
KRK Forx Global LLP provides seamless Payment Collection services for DMCs and agents. Collect funds globally with ease and manage settlements securely.
β Multiple Collection Methods
β Real-Time Tracking
β Easy Settlements
β Detailed Reporting for Transparency
Join KRK Forx Global LLP today and experience seamless remittance solutions.
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