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.
Foreign currency Demand Drafts are issued in major currencies such as :-
- United States Dollars
- Great Britain Pounds
- Euro
- Japanese Yen
- Australian Dollars
- Canadian Dollars
- Swiss Francs
- Singapore Dollars