[ All information provided on this page is by Weizmann Forex Ltd ]

Weizmann Forex Ltd., engaged in Money Changing and Money Transfer business is a subsidiary of the Rs.15 bn. Weizmann Group which has diverse interest in Hydro and Wind Power Generation, Textiles Manufacturing, Inwards Money Transfer, Exports and other Financial Services.
Since its commencement of business in 1993, Weizmann Forex Ltd. presently is proud of being one of the top leading Companies in India. With a modest beginning of four branches, Weizmann Forex has grown multifold to become a leading player in the retail foreign exchange market with a network of 115 plus locations spread all over India. On the basis of its tenure in the industry and the ethical practices followed by the company, Weizmann Forex has been upgraded to the status of Authorized Dealer Category-II by RBI, making it as one of the first few entities to obtain this license in India.
Weizmann Forex deals in all major foreign currencies for customers traveling overseas for Education, Immigration, Employment, Medical Treatment, Film Shoots, Leisure Travel, Business Travel etc. as per RBI guidelines and FEMA Act.

Weizmann Forex Ltd. is also a principal agent for Western Union Financial Services of USA for their money transfer service having over 15000 proprietary and sub agent locations which include 11 PSU banks and 2 Private sector banks. This service is provided through over 2500 branches of these banks.

We are proud to partner with:

1. American Express Inc for Traveller’s Cheque
2. Citibank and Axis Bank for selling Foreign Exchange Prepaid Cards
3. Reliance General Insurance for providing Overseas Travel Insurance, Health Insurance and Motor Insurance.
4. Bajaj Allianz for providing Life Insurance, ULIPand various Income Tax saving instruments.

In addition we are a reputed distribution house, partnering major Asset Management companies for Mutual Funds.

Students / Customers can best utilize our professional services through the vast network of branches, to avail foreign exchange and allied services. We encash foreign currency notes to Indian Rupees at competitive exchange rates and cater to both retail as well as wholesale customers.

For more details please log on to our website www.weizmannforex.com

Information on foreign exchange products and services for KIC Students

1. American Express Traveler’s Cheque

1. Prepaid Foreign Currency Cards

1. Foreign Currency

1. Foreign Currency Drafts and Remittances.

1. American Express Traveler’s Cheque

1. Weizmann Forex is one of the largest sellers of American Express Traveler Cheque.

1. Traveler Cheque are a preferred payment option opted by students traveling abroad.

1. Available in most major currencies and in varied denomination making it convenient to carry.  

Key benefits offered by American Express Traveler’s Cheque

1. Safety and security of your travel funds
1. In case of loss or theft of your American Express Traveller’s Cheque, a worldwide service helps you obtain refunds 
2. Toll free lines across the globe  function on a 24/7 basis to ensure refunds* – usually within 24 hours

1. Recognized and accepted virtually like cash anywhere in the world
1. Over 84,000 commission free encashment locations, worldwide
2. For details log onto americanexpress.co.in/travellerscheques

Travel Tips for  American Express Traveller’s Cheque:

1. On purchase sign the Traveller’s Cheque on the top left hand corner ONLY

1. Make copies of the purchase receipt and keep separately, also leave a copy at home, as back up

1. Recheck before encashing, especially at airport exchange counters and hotels, for service charges and poor rates.

1. You can pay for almost anything with American Express Traveller’s Cheque, including college fees, by writing the name of the college on the “Pay To The Order Of” line.  Please check with the college/university concerned.

If you happen to loose American Express Traveler’s Cheque.

1. Call the nearest Refund Service Centre, with all available details e.g..
1. Traveller’s Cheque numbers, amount lost, date of purchase, passport details etc.

1. File a police report, and  go to the nearest American Express Travel Service Office with a copy, as advised by the Centre

1. The toll free numbers for the country you are visiting, are printed on the reverse of your sales receipt

1. Prepaid Foreign Currency Cards

1. Weizmann Forex is one of the largest sellers of Prepaid Cards issued by Citibank and Axis Bank.

1. Prepaid cards are an alternative product to Travelers Cheque and currency

1. Operates on the VISA platform; thereby assuring greater acceptance and ease of transactions.

1. VISA guarantees superior customer services around the world, round the clock.

1. Cards can be used to withdraw cash from over 1 million VISA ATMs.

1. Card can be used to make payments at over 14 million merchant outlets across 130 countries.

Key Benefits of Prepaid Foreign Currency Cards    
    
Convenience

1. Hassle free – Walk into any VISA ATM and withdraw in the local currency. You don’t have to look for a Money changer.
2. Remotely re-loadable – Parents can top up the card remotely even as the card holder, their ward is studying abroad
3. Acceptance–VISA Cards are readily accepted and preferred over other prepaid cards.

Safe and Secure

1. Pin Protection – Ensures maximum protection if the card is lost or stolen.
2. Replaceable – In the event of loss of card, a replacement card shall be sent to the card holder and funds transferred to the new card.
3. Cash less travel– With acceptance at over 14 Million POS locations and 10 Million ATM’s across the globe the need for carrying cash is minimal, reducing risk immensely.

Comparison between Traveller’s Cheque / Prepaid Cards & Demand Drafts

Contact Details

www.weizmannforex.com
Toll Free: 1800 229 222

Branches in Mumbai:

[ All information provided on this page is by Weizmann Forex Ltd ]