FOREIGN EXCHANGE ENCASHMENT PROCEDURE Saturday March 6 2021

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FOREIGN EXCHANGE ENCASHMENT PROCEDURE Saturday, March 6, 2021 Gautam Kumar Slide : 1/15

FOREIGN EXCHANGE ENCASHMENT PROCEDURE Saturday, March 6, 2021 Gautam Kumar Slide : 1/15

Scope Authorized agencies Licenses and documents used Different currencies and their FOREX RATES. Category

Scope Authorized agencies Licenses and documents used Different currencies and their FOREX RATES. Category of guests entitled HMCT - 503 FRONT OFFICE OPERATION-V Slide : 2/15

Authorized agencies Which are the agencies authorized to do FOREX ? Who give authorization

Authorized agencies Which are the agencies authorized to do FOREX ? Who give authorization to these agencies ? HMCT - 503 FRONT OFFICE OPERATION-V Slide : 3/15

Authorized agencies What are the check points in this regard ? Shall anyone enter

Authorized agencies What are the check points in this regard ? Shall anyone enter in this business ? HMCT - 503 FRONT OFFICE OPERATION-V Slide : 4/15

Licenses and documents used Which Types of licenses are required for Forex ? Who

Licenses and documents used Which Types of licenses are required for Forex ? Who issues these licenses? HMCT - 503 FRONT OFFICE OPERATION-V Slide : 5/15

Licenses and documents used HMCT - 503 FRONT OFFICE OPERATION-V Slide : 6/15

Licenses and documents used HMCT - 503 FRONT OFFICE OPERATION-V Slide : 6/15

Different currencies and their FOREX RATES What is Forex Rate ? Which currencies are

Different currencies and their FOREX RATES What is Forex Rate ? Which currencies are considered International Currency and why ? HMCT - 503 FRONT OFFICE OPERATION-V Slide : 7/15

Different currencies and their FOREX RATES Is Rupya is an International currencies? What is

Different currencies and their FOREX RATES Is Rupya is an International currencies? What is bilateral exchange system of currency? HMCT - 503 FRONT OFFICE OPERATION-V Slide : 8/15

Category of guests entitled Who are the people can carry foreign currency in India?

Category of guests entitled Who are the people can carry foreign currency in India? Why not everyone is allowed to carry foreign cash in India? HMCT - 503 FRONT OFFICE OPERATION-V Slide : 9/15

Exchange Policy How any can exchange the foreign currency he/she have ? What is

Exchange Policy How any can exchange the foreign currency he/she have ? What is conversion / exchange rate ? HMCT - 503 FRONT OFFICE OPERATION-V Slide : 10/15

Precautions What things one should care about while handling foreign currency ? HMCT -

Precautions What things one should care about while handling foreign currency ? HMCT - 503 FRONT OFFICE OPERATION-V Slide : 11/15

Authorized agencies Licenses and documents used Different currencies and their FOREX RATES. Category of

Authorized agencies Licenses and documents used Different currencies and their FOREX RATES. Category of guests entitled Exchange Policy Precautions HMCT - 503 FRONT OFFICE OPERATION-V Slide : 12/15

Home Work Ø Make a detailed report over foreign currency not accepted in India?

Home Work Ø Make a detailed report over foreign currency not accepted in India? Ø List out current exchange rate of currencies of member countries of G 20, BRICS, & SAARC? Ø Send the soft copy on tp@teamhiht. com before next class ? HMCT - 503 FRONT OFFICE OPERATION-V Slide : 13/15

Next Class Revision Test HMCT - 503 FRONT OFFICE OPERATION-V Exam Time ! Slide

Next Class Revision Test HMCT - 503 FRONT OFFICE OPERATION-V Exam Time ! Slide : 14/15

You can put on you questions now ? s n o i t s

You can put on you questions now ? s n o i t s e u Q HMCT - 503 FRONT OFFICE OPERATION-V Slide : 15/15