Welcome to KRK Forx Global LLP

Your trusted partner for secure and efficient remittance services – Travel, MICE, Education, DMC's Payment Collection & Business Remittance

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Destination Management Companies can join & manage remittances.

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Admin access for approvals, monitoring, and management.

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🌍 Explore Our Services

✈🌍 Travel Travel Remittance

Overview

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 – 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 traveler’s 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 relative’s travel?
Yes, close family members’ 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.

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🏒🀝 MICE Re MICE Remittance

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.

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πŸŽ“ Educatio Education Remittance

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 RBI’s 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.

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πŸ’Ό Business Business Remittance

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 24–48 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.

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πŸ’³ Payment Collection Service

KRK Forx Global LLP provides seamless Payment Collection services for DMCs and agents. Collect funds globally with ease and manage settlements securely.

βœ” Multiple Collection Methods
βœ” Real-Time Tracking
βœ” Easy Settlements
βœ” Detailed Reporting for Transparency

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