EbixCash World Money is the first Authorised Dealer Category-II (AD-II) entity to receive a perpetual RBI licence with an expanded scope under the Reserve Bank of India's revised FEMA framework, allowing it to process trade remittances of up to Rs 25 lakh and family maintenance remittances. Ebix

EbixCash World Money is the first Authorised Dealer Category-II (AD-II) entity to receive a perpetual RBI licence with an expanded scope under the Reserve Bank of India's revised…

Under RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and family maintenance remittances, opening a direct, bank-free payments…