We have an arrangement with our dealers for offering foreign currency demand drafts to be drawn in favour of the beneficiary at the best rate . You can send the foreign currency demand draft to the beneficiary who will receive the funds upon banking the draft into his/her account abroad.Foreign Currency Demand Draft can be use to make payments for various purposes like :
- Payment of University fees abroad.
- Payment for Film Shoots abroad.
- Payment for medical treatment abroad.
- Payment of application fees for various exams like TOEFL, GMAT etc.
- Making a gift remittance to a friend or relative.
- And all other permitted purposes as per the RBI guidelines.