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RRSB Forex

by RRSB Forex · Since 1912
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Active1+ countriesCloud
Quick facts
VendorRRSB Forex
Year launched1912
StatusActive
Location10, Firpo's Market, 18 A,B & C Chowringhee Road, Kolkata- 700013
Countries served1+
Languages13
Integrations1+
Free tier
Free trial
Contact salesYES

About RRSB Forex

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RRSB Forex, operated by RR Sen & Brothers Private Limited, presents itself as a comprehensive web-based platform catering to individuals seeking reliable and accessible foreign exchange services. As a currency exchange and remittance platform, it is structured to serve a broad spectrum of users including international travelers, students studying abroad, families sending money overseas, and even small businesses engaged in cross-border trade. The platform's offerings extend beyond the basic buying and selling of currency to include wire transfers, multi-currency travel cards, and investment services through an affiliated entity, Orkos Wealth. This integration of financial services broadens its appeal, positioning RRSB Forex as more than just a forex bureau—it acts as a multi-faceted financial gateway for personal and limited-scale commercial users. One of the most important aspects of RRSB Forex is its web interface, which is functional and relatively easy to use, albeit not particularly modern in design.

Pros & Cons

What users like
  • +Comprehensive Forex Services: Offers currency exchange, remittances, travel cards, insurance, and investment solutions.
  • +Live Exchange Rates: Allows users to buy or sell currency at real-time rates online.
  • +Secure Wire Transfers: Facilitates safe and convenient international money transfers for education, family support, and travel.
  • +Diverse Currency Support: Provides access to 36 destination currencies for hassle-free travel.
  • +Financial Services Beyond Forex: Includes travel insurance, term life insurance, and investment offerings through Orkos Wealth.
  • +Established Reputation: Serves a large client base with over 750,000 completed transactions and operates 27 branch offices across India.
What users flag
  • Limited Global Coverage: Services are mainly India-focused, restricting accessibility for users outside the country.
  • Rate Fluctuations: Exchange rates are subject to change, which may affect final transaction costs.
  • Dependence on External Factors: International transfers are influenced by banks, financial institutions, and regulatory policies.
  • Potential Hidden Fees: Users may need to verify costs carefully to ensure transparency in transactions.
  • Implementation Challenges for Some Services: Certain financial services like GICs and blocked accounts may require additional compliance and documentation.

Features

Key features

Live Exchange Rates
RRSB Forex offers real-time exchange rates for a wide range of currencies, allowing customers to buy or sell at current market values.
Online Order Execution
Customers can complete their currency exchange transactions online, providing convenience and accessibility.
Wire Transfer Services
RRSB facilitates safe and convenient international money transfers for various purposes like education, family maintenance, and travel.
Currency Notes Exchange
They allow customers to buy foreign currency notes in various denominations for hassle-free travel across 36 destination currencies.
Multi-Currency Travel Cards
RRSB issues travel cards that are accepted worldwide at Visa and Mastercard merchant outlets and ATMs, offering a secure way to carry foreign exchange.
Wide Range of Currencies Supported
They deal with an extensive list of currencies, catering to diverse international travel and transaction needs.

Additional features

Live Exchange Rates
Offers up-to-date currency conversion rates.
Online Order Execution
Enables customers to complete transactions through their website.
Wire Transfer
Facilitates electronic transfer of funds internationally.
Overseas Education Fund Transfer
Supports money transfers specifically for international education expenses.
Family Maintenance Fund Transfer
Enables sending money to support family members living abroad.
Gift Fund Transfer
Allows sending money as gifts to individuals in other countries.
Tour and Travel Fund Transfer
Facilitates currency exchange for international travel purposes.
Competitive Rates
Claims to offer favorable exchange rates for their services.
Currency Notes (Buy)
Allows customers to purchase physical foreign currency.
36 Destination Currencies
Offers a wide selection of currencies for physical exchange.
Denominations of Your Choice
Provides flexibility in the amounts of currency notes purchased.
Hassle-Free Travel
Aims to make carrying foreign currency easier for travelers.
Travel Card
Offers pre-loaded cards for spending in foreign currencies.
Safe Way to Carry Foreign Exchange
Provides a secure alternative to carrying large amounts of cash.
Economical Way to Carry Foreign Exchange
Potentially offers better exchange rates or lower fees compared to other options.
Convenient Way to Carry Foreign Exchange
Offers ease of use for international spending.
Accepted Worldwide (Visa and Mastercard)
Ensures broad acceptance at numerous merchants globally.
ATM Withdrawals (Visa and Mastercard Network)
Allows cash withdrawals from compatible ATMs internationally.
Travel Insurance
Offers coverage for travel-related emergencies and inconveniences.
Medical Emergencies Coverage (Travel Insurance)
Provides financial protection for health issues during travel.
Cancellations Coverage (Travel Insurance)
May cover costs associated with trip cancellations.
Lost Luggage Coverage (Travel Insurance)
Offers compensation for lost or stolen baggage.
GIC (Guaranteed Investment Certificate)
Offers a secure savings option with guaranteed returns.
Guaranteed Returns (GIC)
Provides a fixed interest rate for the investment term.
Flexible Terms (GIC)
Offers various investment durations to choose from.
Competitive Interest Rates (GIC)
Aims to provide attractive returns on investment.
Blocked Account (for Canada)
A specific type of account often required for Canadian study permits.
Low-Risk Investments (Blocked Account)
Offers a secure way to hold funds for international students.
Flywire (for International Payments)
Facilitates easy, fast, and secure cross-border transactions (Note: The text questions using the Flywire name due to a lack of arrangement).
FTS (Funds Transfer to New Zealand)
Offers services for sending money to New Zealand.
Secure Transactions (FTS)
Ensures the safety of international money transfers.
Fast Transactions (FTS)
Aims for quick processing of money transfers to New Zealand.
Reliable Transactions (FTS)
Provides dependable service for sending money.
Term Life Insurance
Offers life coverage for a specific period.
Death Benefit (Term Life Insurance)
Pays out to beneficiaries if the insured passes away during the term.
Orkos Wealth (Associate for Investments)
Provides mutual fund and other investment services.
Mutual Fund Investments (Orkos Wealth)
Offers opportunities to invest in diversified funds.
Insurance (Orkos Wealth)
Provides various insurance products.
Portfolio Management Service (Orkos Wealth)
Offers professional management of investment portfolios.
AIF (Alternative Investment Funds) (Orkos Wealth)
Provides access to non-traditional investment options.
Direct Equity & IPOs (Orkos Wealth)
Facilitates investment in individual stocks and initial public offerings.
Nationwide Forex Delivery
Implies they can deliver foreign exchange across India.
Call for Immediate Assistance
Offers phone support for urgent inquiries.
WhatsApp Support
Provides customer service via WhatsApp.
Online Query Submission
Allows customers to send inquiries through a web form.
Call Back Service
Promises to return calls to address customer queries.
Multi-Product Offering
Deals with Currency, Card, Remittance, Insurance, and others.
Buy and Sell Options
Allows customers to both purchase and sell foreign currencies.
Wide Range of Currencies Supported (List Provided)
Handles numerous global currencies.
Rate Sheet Availability
Provides a list of their current exchange rates.
Full Rate Card
Offers a comprehensive view of all their exchange rates.
Login and Signup
Requires user accounts for certain online services.
No Region Selection
Indicates a potentially unified service regardless of the user's location (within their service area).
About Us Information
Provides details about the company.
Services Overview
Explains the different services they offer.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

1
Countries served
13
Interface languages
18
Billing currencies

Available in

India

Interface languages

EnglishHindiMarathiGujaratiTamilTeluguKannadaMalayalamPunjabiBengaliUrduSindhiNepali.

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇸🇬SGD🇮🇳INR🇯🇵JPY🇨🇳CNY🇭🇰HKD🇲🇾MYR🇵🇭PHP🇮🇩IDR🇹🇭THB🇻🇳VND🇰🇷KRW🇳🇿NZD🇿🇦ZAR

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