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FULL FLEDGE MONEY CHANGER LICENSE IN INDIA (FFMC) Any company which intent to do a forex currency exchange activity or money changing activity in India have to obtain

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Full Fledge Money Changer License in India, FFMC | Enterslice

The Reserve Bank of India cancelled 201 licences for full-fledged money changers (FFMC) in Chennai, including units of big names like American Express

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