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FC Demand Draft

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Foreign Currency Demand Draft

Need to make payments abroad?

A Foreign Currency Demand Draft (FC DD) is a safe, cost-effective, and reliable way to transfer money internationally. At Nishi Forex, we provide hassle-free FC Demand Draft services to help you make payments for education, visa fees, immigration, and more.

Why Choose Nishi Forex for FC Demand Draft?
 
  • icon Competitive Exchange Rates – Get the best value for your money.
  • icon Secure Transactions – Fully compliant with RBI & FEMA regulations.
  • icon Fast Processing – Quick issuance for urgent payments.
  • icon Trusted & Reliable – Backed by years of expertise in forex services.
Learn More

What is a Foreign Currency Demand Draft?

A Foreign Currency Demand Draft is a pre-paid negotiable instrument issued by a bank in foreign currency. It is widely used for payments related to university fees, visa applications, immigration, and other international transactions.

How to Get an FC Demand Draft with Nishi Forex?

1️⃣ Visit Our Branch – Locate a nearby Nishi Forex exchange center.

2️⃣ Provide Required Documents – Submit passport, visa, admission letter, and KYC details.

3️⃣ Choose Your Currency – Select the currency for your demand draft.

4️⃣ Make Payment – Pay the required amount from your bank account (cash payments not allowed).

5️⃣ Receive Your Demand Draft – Get your FC DD and send it to the beneficiary abroad.

Make Secure International Payments with Nishi Forex!

At Nishi Forex, we ensure smooth, secure, and transparent transactions for all your foreign currency needs. Get your Foreign Currency Demand Draft today and experience hassle-free international payments!

Documents required to buy an FCDD?
  • Valid Passport, VISA, Ticket (Depending on the purpose, if travelling)
  • Application cum declaration under LRS Scheme
  • Fore A2 & FEMA declaration
  • PAN Card
  • Invoice / Any communication with details of Fee to be paid from the relevant beneficiary
Payment Method
  • Payment has to come from the DD purchaser’s bank account only.
  • Payment up to Rs. 50000/- can be paid in cash.
  • The DD issue charge – Rs. 500/-
  • The GST is applicable on total transaction value.
Advantages
As per RBI guidelines a traveller can carry maximum 3000 USD/equivalent in currency and rest should be in other products such as forex card/travel card/multi-currency card/demand draft/traveller’s cheque.
 
Demand draft is one of the recommended products for people travelling abroad for immigration and employment purposes as they plan to carry huge amount in foreign currency. Charges that are applicable for forex cards is higher compared to DDs. If you are planning to travel abroad for above mentioned purposes don’t forget to include this product in your kitty.