Foreign Exchange Services
Foreign Exchange Services
Sanah Forex and Travels provides foreign exchange related services like sell and purchase of foreign currency for private visit and business visit to overseas travel. Remittance service (Send Money Abroad) also available through our official bankers.
Using the services our customers can buy pre-paid foreign currency card in multiple currencies , currency notes, traveler's cheques, demand drafts or wire transfers all of which can either be provided . Orders can even be door delivered provided our branch of Sanah Forex and Travels in Delhi / NCR location chosen processes door delivery requests. All orders are processed after confirmation of transaction / deal by the customers. The rate will be extremely competitive and better than most banks' and money changers rates.
We also offer to our customer’s free consultation regarding foreign exchange services at our locations and it is applicable for high volume transaction like regular remittance / study abroad.
We deals in all major currencies and listed in below
• US Dollar (USD)
• Euro (EUR)
• British Pounds (GBP)
• Australian Dollars (AUD)
• New Zealand Dollars (NZD)
• Canadian Dollars (CAD)
• UAE Dirham (AED)
• Saudi Riyal (SAR)
• Qatari Riyal
• Kuwait Dinar
• Omani Riyal
• Japanese Yen (JPY)
• Swiss Franc (CHF)
• Hong Kong Dollar (HKD)
• Singapore Dollar (SGD)
• Swedish Krona (SEK)
• Thai Bahts(THB)
Prepaid travel foreign currency cards
Now the market current culture changing as per the economy and most of payment solution adopting Online gateway or using plastic money the plastic money. In the same scenario we are emphasizing / advising to same to our customers.
Prepaid travel cards are VISA/Master cards similar to credit and debit cards, but with certain additional advantages. You can use prepaid cards at ATMs worldwide to withdraw cash and at most businesses throughout the world. You can load these cards with the desired amount of foreign currency at a fixed rate. This is highly recommended to students who going abroad for study.
Some of the key benefits of prepaid travel cards are as follows:
• Most recommended and safest form of carrying currency nowadays. Prepaid travel cards are pin protected, have configurable spending limits and are fully replaceable incase stolen or lost.
• Convenient - can be re-loaded anytime. 24x7 customer care service.
• Travel cards (VISA or MasterCard) are accepted at most foreign establishments (hotels, stores etc.) without any charge.
• Ability to withdraw cash from ATMs abroad for a small charge usually between US $1.5 to $2.
• Comes with a free insurance cover
Foreign Currency notes (Cash)
Currency notes are regular paper cash. Although most popular, their use is declining as carrying cash is extremely unsafe. Currency notes are totally unprotected against loss and counterfeits. Smaller amounts of currency notes should however be carried for small and unplanned expenses.
Traveler's Cheques (TC's)
Traveler's cheques are pre-printed fixed amount cheques that have to be signed twice, once upon delivery and once at the time of use, to encash. Traveler's cheques have been losing popularity and have been mostly replaced with prepaid travel cards. Although safer than currency notes, traveler's cheques are not as safe as pre-paid travel cards and are also not accepted by most foreign establishments. It is therefore recommended to use prepaid travel cards in place of traveler's cheques.
Demand Draft (DD)
Demand drafts are a very popular instrument for sending money overseas. They are issued by a bank, where the customer holds an account, in favor of a certain beneficiary (an individual, a company or an establishment). Demand drafts are secured payment instruments and guarantee the availability of funds since a bank issues them. For this reason, certain establishments (such as universities etc.) only accept DDs and not personal cheques. Demand draft transactions require the customer to enter the beneficiary's personal details.
Wire Transfer (TT)
Wire Transfers are also a very common method of remitting money overseas. Using this method, funds can be transferred electronically to a foreign bank account. International wire transfers are processed using the SWIFT protocol and require the customer to enter the beneficiary's personal details and bank details (bank name, routing number and account number). This service can avail by all persons wants to send money to overseas in following purpose:
1. Overseas University Education Fee
2. Student Living Expenses
4. Medical Expenses
5. Sending money to close relatives.