• USD

  • EURO

  • AED

  • THB

  • SAR

  • GBP

  • SGD

Our key customers are corporate travelers who travel under business visits on behalf of their companies. We also issue forex for their personal requests. Some of our major clients include:
  • Revvity Healthcare Group

  • NSE

  • TotalEnergies India Pvt. Ltd.

  • Shoppers Stop Ltd.

  • Sony (Culver) Entertainment Pvt. Ltd.

  • Student Forex
    • Copy of Passport
    • Copy of Student Visa
    • Admission Letter with Fee Structure & Validity of Course Period
    • Copy of PAN Card
    • Copy of Air Ticket
    • I-20 Form (if applicable)
  • Corporate Forex

    Corporate KYC documents to be maintained for forex issuance:

    • Certificate of Incorporation
    • GST Certificate
    • PAN Card
    • Memorandum of Association (MOA)
    • Articles of Association (AOA)
    • Company Letter with List of Authorized Signatories
    • List of Directors
  • Forex Card
    • Copy of Passport
    • Copy of Visa
    • Copy of PAN Card
    • Copy of Air Ticket
    • LERMS Letter (if traveling under business visit)
  • Who can issue foreign exchange & how much?

    Foreign exchange can be purchased from any authorized person, such as an AD Category-I Bank, AD Category-II, or Full-Fledged Money Changer (FFMC).

    • Exchange can be released for both business and private visits.
    • Under the Liberalised Remittance Scheme (LRS), an individual can draw up to USD 250,000 per financial year (April – March).
  • How much foreign currency can be carried in cash for travel abroad?
    • Travellers can carry up to USD 3,000 per visit in currency notes.
    • The balance amount can be carried in the form of stored value travel cards.
  • How much can be paid in cash for forex purchase?
    • For purchases below ₹50,000, rupee payment can be made in cash.
    • For purchases ₹50,000 and above, payment must be made through a crossed cheque, banker’s cheque, RTGS, NEFT, debit card, or credit card.
  • Is there a time frame to surrender unused foreign exchange after returning to India?

    Yes. On return from a foreign trip, travellers must surrender unspent foreign exchange held in the form of currency notes or traveller’s cheques within 180 days of return.

  • How much foreign exchange can be brought into India?
    • A person can bring foreign exchange into India without any limit.
    • However, if the aggregate value of foreign exchange in the form of currency notes exceeds USD 10,000 or its equivalent, and/or the value of foreign currency alone exceeds USD 5,000 or its equivalent, it must be declared to Customs Authorities at the airport using the Currency Declaration Form (CDF) upon arrival.

Our Services

Forex Management services

Which currencies do we deal with regularly?

USD, Euro, AED, THB, SAR, GBP, SGD, etc.

Who are our major customers for forex? Exclusive only forex dealing

We have corporate travelers who travel under business visits on company behalf. We also issue forex on their personal request.

  • Revvity Healthcare Group

  • NSE

  • TotalEnergies India Pvt. Ltd.

  • Sony (Culver) Entertainment Pvt. Ltd.

  • IPCA Ltd.

  • Dorf–Ketal Chemical Ltd.

  • The Supreme Industries Ltd.

  • Praj Hi-Purity Systems & Many More

Who are our major customers for forex? Exclusive only forex dealing

Student forex
Mandatory documents required from student:
  • Copy of Passport

  • Copy of Student Visa

  • Copy of Admission Letter with Fee Structure & Validity of Course Period

  • Copy of PAN Card

  • Copy of Air Ticket

  • I-20 Form (if applicable)

Corporate Forex
Corporate KYC required for corporate forex issuance:
  • Certificate of Incorporation

  • GST Certificate

  • Copy of Student VISA

  • Memorandum of Association (MOA)

  • Articles of Association (AOA)

  • Company letter with List of Authorised Signatories

  • Letter & List of Directors

Forex Card
Mandatory documents required:
  • Copy of Passport

  • Copy of Visa

  • Copy of PAN Card

  • Copy of Air Ticket

  • LERMS Letter (if travelling under business visit)

FOREIGN Exchange can be issued By Whom & How Much.

Foreign exchange can be purchased from any authorised person, such as an AD Category-I bank and AD Category II. Full-Fledged Money Changers (FFMCs) are also permitted to release exchange for business and private visits. who can draw entire foreign exchange (up-to USD 250,000) under LRS – SCHEME from Financial Year APRIL – TO MARCH

How much foreign currency can be carried in cash for travel abroad.

Ans. Travellers going to all countries other than (a) and (b) below are allowed to purchase foreign currency notes only up to USD 3000 per visit. Balance amount can be carried in the form of store value TRAVEL CARDS,

How Much Can We pay by cash full rupee equivalent of foreign exchange being purchased for travel abroad

Ans. Foreign exchange for travel abroad can be purchased from an authorized person against rupee payment in cash below Rs.50,000/-. However, if the sale of foreign exchange is for the amount equivalent to Rs 50,000/- and above, the entire payment should be made by way of a crossed cheque/ banker’s cheque/ RTGS/NEFT/ debit card / credit card only.

Is there any time-frame for a traveller who has returned to India to surrender foreign exchange

Ans. On return from a foreign trip, travellers are required to surrender unspent foreign exchange held in the form of currency notes and travellers cheques within 180 days of return.

How much foreign exchange can be brought in while visiting India

A person coming into India from abroad can bring with him foreign exchange without any limit. However, if the aggregate value of the foreign exchange in the form of currency notes, brought in exceeds USD 10,000 or its equivalent and/or the value of foreign currency alone exceeds USD 5,000 or its equivalent, it should be declared to the Customs Authorities at the Airport in the Currency Declaration Form (CDF), on arrival in India.

Gilpin > Our Services > Forex Management

Trusted forex for corporates

Global Currency Coverage

  • USD $

  • GBP £

  • EUR €

  • AUD A$

  • BHD د.ب

  • CAD C$

  • EGP £

  • HKD HK$

  • JPY ¥

  • JOD د.ا

  • KWD د.ك

  • MYR RM

  • NOK kr

  • OMR ر.ع

  • QAR ر.ق

  • SAR ر.س

  • SGD S$

  • ZAR R

  • CHF Fr

  • THB ฿

  • AED د.إ

  • CNY ¥

  • DKK kr

  • SEK kr

  • USD $

  • GBP £

  • EUR €

  • AED د.إ

  • BHD .د.ب

  • CAD C$

  • EGP £

  • HKD $

  • JPY ¥

  • JOD د.ا

  • KWD د.ك

  • MYR RM

  • NOK kr

  • OMR ر.ع.

  • QAR ر.ق

  • SAR ر.س

  • SGD S$

  • ZAR R

  • CHF ₣

  • THB ฿

  • AED د.إ

  • CNY ¥

  • DKK kr

  • SEK kr

Trusted forex for corporates

Global Currency Coverage

  • USD $

  • GBP £

  • EUR €

  • AUD A$

  • BHD د.ب

  • CAD C$

  • EGP £

  • HKD HK$

  • JPY ¥

  • JOD د.ا

  • KWD د.ك

  • MYR RM

  • NOK kr

  • OMR ر.ع

  • QAR ر.ق

  • SAR ر.س

  • SGD S$

  • ZAR R

  • CHF Fr

  • THB ฿

  • AED د.إ

  • CNY ¥

  • DKK kr

  • SEK kr

Trusted forex for corporates

Global Currency Coverage

  • USD

  • EURO

  • AED

  • THB

  • SAR

  • GBP

  • SGD

  • USD $

  • GBP £

  • EUR €

  • AUD A$

  • BHD د.ب

  • CAD C$

  • DKK kr

  • EGP £

  • HKD HK$

  • JPY ¥

  • JOD د.ا

  • KWD د.ك

  • MYR RM

  • NZD NZ$

  • NOK kr

  • OMR ر.ع

  • QAR ر.ق

  • SAR ر.س

  • SGD S$

  • ZAR R

  • SEK kr

Comprehensive Forex Management Services for Corporate Travel in India

 

Managing foreign exchange during corporate travel can be complex, but with the right partner, it doesn’t have to be. At Gilpin Travel Pvt. Ltd., we simplify the process through streamlined corporate travel payment and forex solutions that ensure transparency, efficiency and control.

Our forex management services are built around one goal – to help organizations manage international travel expenses with clarity and confidence. From currency conversion and prepaid forex cards to remittances and expense reconciliation, we handle each aspect with accuracy and compliance. Our experts monitor exchange rates, regulations and market trends to help clients make informed decisions and reduce unnecessary costs.

We also extend reliable forex remittance services for individuals and corporations, designed to support smooth cross-border payments for travel, conferences, or business operations. Whether it’s a single transaction or an ongoing travel program, Gilpin ensures that every forex movement is secure, optimized and fully aligned with your company’s policies.

Gilpin’s Comprehensive Corporate Forex Services for International Travel

Multiple Currencies

Global business travel often involves navigating diverse currencies. Gilpin enables clients to make payments and manage bookings across multiple currencies with ease. Our smart multi-currency payment platform in India helps reduce exchange losses and simplifies international transactions, allowing your business travellers to even pay using their local currency if they prefer.

Travel Card

Gilpin’s travel card brings convenience and flexibility to your employees on the move. It can be used across multiple modes of transportation and offers benefits such as discounted fares, unlimited rides and quick top-ups. For businesses managing frequent domestic or international travel, it supports simplified expense management for business travellers across destinations.

Education Forex

Gilpin makes overseas education payments simple and secure. Our Student Forex services help you manage tuition fees, living expenses and other international payments with ease. Enjoy competitive exchange rates, quick transfers and complete transparency – so you can focus on your studies while we handle the currency part.

Forex Card

Gilpin’s prepaid Forex Card is a safe and practical alternative to carrying cash abroad. Loaded in one or multiple currencies, it offers competitive exchange rates and can be used for purchases, ATM withdrawals, or online transactions. It is widely accepted across countries and designed to offer security and convenience for every traveller.

Remittance

Gilpin facilitates its international remittance services in Mumbai with speed and clarity. Whether it’s for business payments, overseas employees, or family support, our comprehensive corporate forex services for international transactions ensure your funds reach their destination securely. We manage documentation and compliance, so you can focus on your core business.

Currency Notes

For clients who prefer physical currency, we provide genuine and verified currency notes issued by central banks for a wide range of destinations. Each exchange is processed quickly, offering peace of mind and readiness for travel from the moment you depart.

Let Gilpin take care of your forex needs with precision and reliability.

Get in touch with our forex specialists today. Fast service • Competitive rates • Trusted support

Moving Money the Right Way

At Gilpin, our approach to corporate forex solutions in Mumbai is rooted in precision and trust. We support enterprises, institutions and individuals with solutions that simplify global transactions, whether for business travel, education, or corporate operations abroad. Every service is designed to ensure value, transparency and ease, so your global journey remains uninterrupted.

Our Forex Banking Partners, India

ICICI Bank
Indusland Bank
ICICI Bank
Federal Bank
HDFC Bank
Indusland Bank
Dorf Ketal Chemical Ltd.

Trusted by leading corporates

Our Banking Partners

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    Trusted by leading corporates

    Our Corporate Forex Clients

    Our primary clientele includes corporate professionals traveling for business on behalf of their organizations. We also facilitate forex issuance for their personal travel needs. Some of our valued clients include:

    Revvity Healthcare Group
    NSE
    TotalEnergies India Pvt. Ltd.
    Shoppers Stop Ltd.
    Sony (Culver) Entertainment Pvt. Ltd.
    Dorf Ketal Chemical Ltd.

    Quick checklist for compliance

    Essential Forex Documents

    Student Forex
    • Copy of Passport

    • Copy of Student Visa

    • Admission Letter with Fee Structure & Validity of Course Period

    • Copy of Air Ticket

    • Copy of PAN Card

    • I-20 Form (if applicable)

    Corporate Forex
    • Certificate of Incorporation

    • GST Certificate

    • PAN Card

    • Memorandum of Association (MOA)

    • Articles of Association (AOA)

    • Company Letter with List of Authorized Signatories

    • List of Directors

    Forex Card
    • Copy of Passport

    • Copy of Visa

    • Copy of PAN Card

    • Copy of Air Ticket

    • LERMS Letter (if traveling under business visit)

    Rules for safe transactions

    Forex Exchange Guidelines

    • Who can issue foreign exchange & how much?

      Foreign exchange can be purchased from any authorized person, such as an AD Category-I Bank, AD Category-II, or Full-Fledged Money Changer (FFMC).

      • Exchange can be released for both business and private visits.
      • Under the Liberalised Remittance Scheme (LRS), an individual can draw up to USD 250,000 per financial year (April – March).
    • How much foreign currency can be carried in cash for travel abroad?
      • Travellers can carry up to USD 3,000 per visit in currency notes.
      • The balance amount can be carried in the form of stored value travel cards.
    • How much can be paid in cash for forex purchase?
      • For purchases below ₹50,000, rupee payment can be made in cash.
      • For purchases ₹50,000 and above, payment must be made through a crossed cheque, banker’s cheque, RTGS, NEFT, debit card, or credit card.
    • Is there a time frame to surrender unused foreign exchange after returning to India?

      Yes. On return from a foreign trip, travellers must surrender unspent foreign exchange held in the form of currency notes or traveller’s cheques within 180 days of return.

    • How much foreign exchange can be brought into India?
      • A person can bring foreign exchange into India without any limit.
      • However, if the aggregate value of foreign exchange in the form of currency notes exceeds USD 10,000 or its equivalent, and/or the value of foreign currency alone exceeds USD 5,000 or its equivalent, it must be declared to Customs Authorities at the airport using the Currency Declaration Form (CDF) upon arrival.

    Quick help and support

    Frequently Asked Questions

    Does Gilpin provide foreign exchange services?

    Yes, Gilpin offers foreign exchange services to help you with your currency needs for international travel.

    We deal with most major international currencies. Please contact our FOREX department for the availability of specific currencies.

    Our exchange rates are competitive and are updated regularly based on market fluctuations. Please contact us for the current rates for your required currency.

    You can inquire about our FOREX services through our website, by phone, or by visiting our office Contact Page We will guide you through the process and documentation required.

    Yes, there are regulations regarding the amount of foreign currency you can buy or sell, as per the guidelines of the Reserve Bank of India (RBI). We will inform you about these limits based on your travel purpose.

    At Gilpin, we leverage advanced travel management technology to make every stage of your corporate travel journey seamless and efficient. Our platform simplifies booking, approvals, tracking, compliance and expense — all in one place.

    • Book flights, hotels, and ground transport instantly within company policy.
    • Receive real-time alerts on flight changes, delays, and gate updates.
    • Access digital itineraries and travel documents anytime, anywhere.
    • Automate expense capture and reconciliation, reducing manual effort and errors.
    • View policy compliance and spend analytics through intuitive dashboards, helping organisations control costs and optimise travel budgets.

    For travel managers, Gilpin’s technology provides centralised control, transparent GST-compliant invoicing, and detailed reporting for audits and insights — ensuring both savings and accountability. When booking through Gilpin, you will experience how our technology can elevate your corporate travel experience with smarter, faster and safer journeys.

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