Best Deal Forex Private Limited
More Value. More Smiles.
Trusted Forex - RBI-Authorised - 25+ Years of Expertise.
Best Deal Forex Private Limited (BDFX) is an RBI-authorised Full-Fledged Money Changer offering secure and transparent foreign exchange services. With over 25 years of professional expertise, we specialise in buying and selling foreign currency notes, prepaid travel cards, and international remittances for individuals, students, and corporates.
Our philosophy is simple — care, convenience, and compliance. We focus on reducing forex costs, minimising risks, and delivering services right to your doorstep at competitive rates. Every transaction is handled with transparency and personalised attention, ensuring customers always feel confident and supported.
Led by seasoned professionals and backed by a passionate team, BDFX is redefining the forex experience in India. Whether it’s your first overseas trip, an education journey, or corporate travel, we’re here to make foreign exchange simple, secure, and customer friendly.
Our Services
Foreign Exchange Services
“Buy and sell forex at the best rates — notes, travel cards, and multi-currency solutions. Transparent, RBI-authorised, and delivered at your doorstep.”
Best Deal Forex offers a complete suite of foreign exchange solutions tailored for business travelers, tourists, and students. From buying and selling foreign currency notes to prepaid and multi-currency travel cards, we ensure every transaction is handled with transparency and RBI compliance. With competitive rates and the option of doorstep delivery, we make forex convenient, secure, and reliable.
Remittances
“Send money abroad quickly and securely for education, healthcare, or family needs. Fast transfers with complete peace of mind.”
Our international remittance services allow you to send money abroad quickly and securely. Whether for tuition fees, medical expenses, family support, or overseas business payments, Best Deal Forex ensures safe transfers through authorised banking channels. With competitive charges and fast processing, your money reaches its destination with complete peace of mind.
Travel Insurance
“Travel worry-free with insurance that covers medical emergencies, trip delays, and lost baggage. Protection when you need it most.”
Unexpected events can disrupt even the best-planned journeys. Our travel insurance services cover medical emergencies, trip cancellations, baggage loss, and travel delays. Designed for students, leisure travelers, and business professionals, these plans ensure protection and financial security wherever you go.
Travel Services
“One-stop travel support — from flights to visa assistance. We simplify your journey so you can focus on your experience.”
We go beyond forex to make travel effortless. From booking international flights to assisting with visas and related documentation, our travel services provide end-to-end support. With Best Deal Forex, you can focus on your trip while we take care of the essentials.
International SIM Cards
“Stay connected abroad with cost-effective international SIM cards. Easy setup, affordable plans, and global coverage.”
Stay connected across the globe with our affordable international SIM cards. Offering wide coverage, easy activation, and cost-effective plans, these SIMs save you from high roaming charges. Whether it’s calls, texts, or data usage, you can count on seamless connectivity abroad.
Transactions
Individuals Buying Forex for Leisure Travel
(Indian Residents / Foreigners Permanently Residing in India)
✅ Permissible Limits
-
Under the Liberalised Remittance Scheme (LRS), foreign exchange up to US$ 250,000 per financial year is permissible for multiple purposes, including tourism or private travel (except to Nepal and Bhutan).
- This limit is consolidated across all permissible uses under LRS.
-
Payment in Cash:
- Customers can pay in Indian Rupees (INR) up to ₹50,000 per transaction when purchasing forex.
- Multiple purchases within 30 days are treated as a single transaction for compliance purposes.
-
Carrying Foreign Currency Notes/Coins:
- Travellers may purchase and carry up to US$ 3,000 (or equivalent) in currency notes/coins.
- Any amount above this limit must be carried in the form of a Prepaid Forex Card.
📄 Required Documents
To buy forex for leisure travel, the following documents are mandatory:
- Valid Passport
- PAN Card
- Address Proof (any one):
- Telephone Bill
- Bank Statement
- Electricity Bill
- Ration Card
- Letter from Employer / Recognised Public Authority
- Confirmed Air Ticket
- Valid Visa (if applicable)
- Form A2 (to be signed by the applicant)
Business Customers Buying Forex
✅ Eligible Business Travel
Business-related trips such as international conferences, training programs, study tours, and official visits are classified as business visits under RBI guidelines.
💰 Permissible Limits
- Business customers may purchase up to US$ 250,000 per financial year (including all availments under LRS) for travel to any country other than Nepal and Bhutan.
- Travellers may purchase and carry foreign currency notes/coins up to US$ 3,000 (or equivalent).
- Any balance amount must be taken in the form of a Prepaid Forex Card.
📄 Required Documents
To process a forex purchase for business purposes, the following documents are required:
- Valid Passport of the traveller
- Memorandum of Association (MOA) of the company
- Company PAN Card
- Company Registration Documents
- Authorization Letter from MD/CFO with details of authorised signatories
- Foreign Currency Request Letter signed by an authorised person from the company
Forms Download
Easily access and download the forms you may need for your forex and remittance requirements. Please ensure all forms are completed accurately and submitted with the required supporting documents.
📄 Available Forms
- Form A2 – Mandatory RBI form for all outward remittances and forex purchases.
- LRS Declaration – Declaration form under the Liberalised Remittance Scheme (LRS) for permissible transactions.
- Address Declaration – Proof of residence declaration form for compliance and KYC.
- Forex Card Application (Thomas Cook) – Application form to request a new prepaid forex card.
- Forex Card Reload/Refund Application (Thomas Cook) – Form to reload balance or request a refund on your existing forex card.
- Name Mismatch Declaration – Declaration form to resolve discrepancies in name spelling across documents.
About Currency History
Money has always been at the centre of global exchange — from the days of bartering and precious metals to modern paper notes and digital wallets. Foreign currencies, in particular, have shaped trade, travel, and cultural exchange for centuries. Today, with globalisation and international mobility, carrying foreign exchange remains essential for students, travellers, and businesses. This section explores the fascinating evolution of currencies and their role in shaping the world economy.
About Forex Cards
Forex cards are prepaid, multi-currency cards designed to make overseas travel safer and more convenient. They allow you to load multiple currencies at once, lock in exchange rates, and use them for payments or ATM withdrawals across the world. Unlike carrying large amounts of cash, forex cards reduce the risk of theft, provide security features like chip-and-pin protection, and often cost less than using credit/debit cards abroad. Here, you’ll find guides, tips, and comparisons to help you get the best out of your forex card.
FAQ for Public
- How much foreign currency can I carry abroad?
- What is the Liberalised Remittance Scheme (LRS)?
- Which documents are required to buy forex?
- What’s better: cash or forex card?
- How do I send money abroad for education or medical treatment?
Our FAQ section simplifies RBI guidelines and industry best practices into easy-to-understand answers, ensuring customers are always informed and confident.
RBI Circulars & Guidelines
Foreign exchange is a highly regulated sector in India. As an RBI-authorised Full-Fledged Money Changer (FFMC), Best Deal Forex complies with all regulatory norms under FEMA and LRS. In this section, we provide links and summaries of important RBI circulars, notifications, and updates that directly affect individuals and businesses dealing in forex. Customers can easily stay updated on rules about carrying currency, remittance limits, KYC requirements, and more.
Public Sale
Quotation Management
Currency Tracker & Counter Party Management
Counter Party Management
Currency Transaction Entry
Quick Knock Off
Search Quotations
| Ref | Date | Customer | Currency | Amount | Rate | Actions |
|---|---|---|---|---|---|---|
| No results yet | ||||||
All Quotations
| Ref | Date | Customer | Currency | Amount | Total | Actions |
|---|---|---|---|---|---|---|
| No quotations available | ||||||
Recent Quotations
- No recent quotations
Quotation Reports
Go to full reports to filter and export quotation summaries.
Individuals Buying Forex for Leisure Travel
(Indian Residents / Foreigners Permanently Residing in India)
Permissible Limits
- Under the Liberalised Remittance Scheme (LRS), foreign exchange up to US$ 250,000 per financial year is permissible for multiple purposes, including tourism or private travel (except to Nepal and Bhutan). This limit is consolidated across all permissible uses under LRS.
- Payment in Cash: Customers can pay in INR up to ₹50,000 per transaction when purchasing forex. Multiple purchases within 30 days are treated as a single transaction for compliance purposes.
- Carrying Foreign Currency Notes/Coins: Travellers may purchase and carry up to US$ 3,000 (or equivalent) in currency notes/coins. Any amount above this limit must be carried in the form of a Prepaid Forex Card.
Required Documents
- Valid Passport
- PAN Card
- Address Proof (Telephone Bill / Bank Statement / Electricity Bill / Ration Card / Letter from Employer / Recognised Public Authority)
- Confirmed Air Ticket
- Valid Visa (if applicable)
- Form A2 (to be signed by the applicant)
Business Customers Buying Forex
Eligible business travel includes international conferences, training programs, study tours, and official visits.
- Business customers may purchase up to US$ 250,000 per financial year (including all availments under LRS) for travel to any country other than Nepal and Bhutan.
- Travellers may purchase and carry foreign currency notes/coins up to US$ 3,000 (or equivalent). Any balance amount must be taken in the form of a Prepaid Forex Card.
Required Documents (Business)
- Valid Passport of the traveller
- Memorandum of Association (MOA) of the company
- Company PAN Card
- Company Registration Documents
- Authorization Letter from MD/CFO with details of authorised signatories
- Foreign Currency Request Letter signed by an authorised person
Forms Download
About Currency History
Money has always been at the centre of global exchange — from the days of bartering and precious metals to modern paper notes and digital wallets. Foreign currencies, in particular, have shaped trade, travel, and cultural exchange for centuries.
About Forex Cards
Forex cards are prepaid, multi-currency cards designed to make overseas travel safer and more convenient. They allow you to load multiple currencies at once, lock in exchange rates, and use them for payments or ATM withdrawals across the world.
FAQ for Public
- How much foreign currency can I carry abroad?
- What is the Liberalised Remittance Scheme (LRS)?
- Which documents are required to buy forex?
- What’s better: cash or forex card?
- How do I send money abroad for education or medical treatment?
RBI Circulars & Guidelines
Foreign exchange is a highly regulated sector in India. As an RBI-authorised FFMC, Best Deal Forex complies with all regulatory norms under FEMA and LRS. Links and summaries of important RBI circulars will be added here.
Counter Party Balance Report
| Counter Party | Currency | We Owe | They Owe | Net Balance | Status | Last Transaction |
|---|
Recent Transactions
| Date | Counter Party | Type | Currency | Amount | Rate | Reference | Notes |
|---|
Individuals Buying Forex for Leisure Travel
(Indian Residents / Foreigners Permanently Residing in India)
✅ Permissible Limits
- Under the Liberalised Remittance Scheme (LRS), foreign exchange up to US$ 250,000 per financial year is permissible for multiple purposes, including tourism or private travel (except to Nepal and Bhutan). This limit is consolidated across all permissible uses under LRS.
- Payment in Cash: Customers can pay in INR up to ₹50,000 per transaction when purchasing forex. Multiple purchases within 30 days are treated as a single transaction for compliance purposes.
- Carrying Foreign Currency Notes/Coins: Travellers may purchase and carry up to US$ 3,000 (or equivalent) in currency notes/coins. Any amount above this limit must be carried in the form of a Prepaid Forex Card.
📄 Required Documents
To buy forex for leisure travel, the following documents are mandatory:
- Valid Passport
- PAN Card
- Address Proof (any one of): Telephone Bill / Bank Statement / Electricity Bill / Ration Card / Letter from Employer or Recognised Public Authority
- Confirmed Air Ticket
- Valid Visa (if applicable)
- Form A2 (to be signed by the applicant)
Business Customers Buying Forex
✅ Eligible Business Travel
Business-related trips such as international conferences, training programs, study tours, and official visits are classified as business visits under RBI guidelines.
💰 Permissible Limits
- Business customers may purchase up to US$ 250,000 per financial year (including all availments under LRS) for travel to any country other than Nepal and Bhutan.
- Travellers may purchase and carry foreign currency notes/coins up to US$ 3,000 (or equivalent). Any balance amount must be taken in the form of a Prepaid Forex Card.
📄 Required Documents
- Valid Passport of the traveller
- Memorandum of Association (MOA) of the company
- Company PAN Card
- Company Registration Documents
- Authorization Letter from MD/CFO with details of authorised signatories
- Foreign Currency Request Letter signed by an authorised person from the company
Forms Download
Easily access and download the forms you may need for your forex and remittance requirements.
📜 About Currency History
Money has always been at the centre of global exchange — from the days of bartering and precious metals to modern paper notes and digital wallets. Foreign currencies, in particular, have shaped trade, travel, and cultural exchange for centuries. Today, with globalisation and international mobility, carrying foreign exchange remains essential for students, travellers, and businesses.
💳 About Forex Cards
Forex cards are prepaid, multi-currency cards designed to make overseas travel safer and more convenient. They allow you to load multiple currencies, lock in exchange rates, and use them for payments or ATM withdrawals worldwide. They reduce theft risk and often cost less than using credit/debit cards abroad.
❓ FAQ for Public
- How much foreign currency can I carry abroad?
- What is the Liberalised Remittance Scheme (LRS)?
- Which documents are required to buy forex?
- What’s better: cash or forex card?
- How do I send money abroad for education or medical treatment?
📑 RBI Circulars & Guidelines
Foreign exchange is a highly regulated sector in India. As an RBI-authorised Full-Fledged Money Changer (FFMC), Best Deal Forex complies with all regulatory norms under FEMA and LRS. This section will host links and summaries of important RBI circulars, notifications, and updates that affect forex transactions (carrying currency, remittance limits, KYC, and more).
Public Purchase
Bulk Sale
Bulk Sale Module
This module will handle high-volume foreign currency sales to corporate clients.
Features coming soon:
- Corporate client management
- Bulk transaction processing
- Preferential rates
- Volume-based pricing
Bulk Purchase
Bulk Purchase Module
This module will handle high-volume foreign currency purchases from corporate sources.
Features coming soon:
- Supplier management
- Bulk purchase orders
- Inventory tracking
- Settlement processing
Customer Profile Management
Manage and verify customer details seamlessly.
Store personal, KYC, and transaction information securely to ensure compliance with RBI and AML regulations.
Simplify profile creation, document tracking, and audit verification — all in one place.
Customer Directory
| Profile ID | Name | Passport Number | Nationality | PAN Number | Status | Created Date | Actions |
|---|
Note: Customer Profile IDs follow format: FX[FINANCIAL_YEAR][MONTH][SEQUENCE]. Last updated: Just now
Add New Customer Profile
Customer Management Actions
Corporate Profile
Company Information
Edit Customer Profile
×New Customer
×Search Customers
×Bulk Upload Customers (CSV)
×Upload a CSV file with columns: Name, Nationality, Passport Number, Passport Issue Date, Passport Issued At, Passport Expiry, Address, PAN Number, Risk Category, Risk Notes, Status
Change Customer ID Numbers
×Important: This will maintain historical records of previous ID numbers for audit purposes.
Enhanced Currency Profile Management
Currency & Product Type Overview
| Code | Name | Symbol | Currency Rates | Card Rates | Remittance Rate | Type | Status | Actions |
|---|
Note: Rates are automatically synced with transactions. Last updated: Just now
Quick Actions
Add and Remove Currency
Charge Profile Management
Add/Update Service Charge
GST Information
GST will be automatically calculated and added to all selected charges in transactions and quotations.
Total charge = Base charge + 18% GST. This is applied during transaction processing.
Service Charges List
| Type | Name | Structure | Value | Min/Max | Applicable For | Status | Actions |
|---|
Charge Calculator
FFMC/AD I/AD II Profile
Full-Fledged Money Changer and Authorized Dealer profiles
User Profile
User account settings and profile management
Employee Profile
Employee information and access management
Counter Parts
Counter party management and relationships
Transaction Reports
Quotation Reports
| Ref Number | Date | Customer | Currency | Amount | Rate | INR Amount | Total Amount | Actions |
|---|
Transaction Report Filters
All Profile List
Comprehensive list of all customer and business profiles
Application Settings
Configure your application preferences and system settings
System Configuration
Configure system-wide settings and preferences
Set the default currency for new transactions
Automatically save form data as you type
Set session timeout duration (in minutes)
Show system notifications for important events
Data Management
Manage your application data and storage
Manage stored quotations, reports, and cached data
Download all your data as backup
Clear temporary data and cached files
⚠️ This will permanently delete all stored data
System Information
View system status and application details