Have any question. Look here now

Currency Exchange

What is the currency Exchange?

A currency exchange is a licensed business that allows customers to exchange one currency for another, for example swap the U.S. dollar for the PKR through authorized currency exchange dealer in the market.

When we need to exchange the currency?

Traveling Abroad: When you travel to a foreign country, you’ll need to exchange your home currency for the local currency to pay for goods and services.

When engaging in currency exchange, it’s important to consider exchange rates, fees, and the most convenient method for your needs, such as, currency exchange services, or online platforms.

What are the requirements to Exchange the Currency?

For Selling Transactions: CNIC along with copy must be require for every transaction. Passport with valid visa for foreigners.

For Buying Transactions: We need Visa, Ticket and Passport for traveling purpose and bank statement or bank opening letter, CNIC for bank account deposit.

Note: 2000 USD or above we need funds through cross cheque and IBFT.

Telegraphic Transfer

What is the Telegraphic Transfer?

A telegraphic transfer (TT) is an electronic method of transferring funds used primarily for overseas wire transactions into the bank account only.

What types of TT Ravi Exchange Do?

Ravi Exchange offers TT services for the following purposes.

  • Health
  • Education
  • Family Remittance
How Much Time To Take Transfer Fund Through Telegraphic?

Telegraphic transfer is completed in 3-4 business days, depending on the origin and destination of the transfer.

Is Ravi Exchange Do Personal Name Telegraphic Transfer?

Yes, Ravi Exchange offers telegraphic transfer on a personal name.

What is The Requirement for Telegraphic Transfer for personal name?
  • Remitter details including name, Father/Spouse Name, account number, bank name, Dob, nationality & valid ID number
  • Remitters source of income
  • Beneficiary details including name, Father/Spouse name, account number, DOB, Nationality & ID number
  • Purpose of remittance
  • Relationship with beneficiary (proof of relationship such as NADRA tree or any other evidence.)
  • Contact details with address and contact number of remitters

Underlaying documents at minimum:

Original Remittee’s source of income and underlying transaction proceeds along with documentary evidence, sale agreements, bank statements, govt. securities encashment certificates etc.

Ultimate beneficiary’s income source and residence details, along with documentary evidences.

Home Remittance

Does Ravi exchange send and receive money services of Western Union Money?

Yes, Ravi Exchange provides money transfer send and receive services for Western Union, MoneyGram, and RIA.

What is the Procedure to Send Money via Western Union and MoneyGram?

If any person wants to send money abroad must visit our location along with all necessary information Like as, (CNIC of sender, Beneficiary name as per passport, also they will made payments through cross cheque in case of 2000 USD and above.

How to Receive Money with Wester Union, MoneyGram and Ria??

For receiving payments, we need below mentioned information.

  • The Money Transfer Control Number (MTCN)
  • A government-issued (CNIC, NICOP,)
  • Foreign National (Passport with valid Visa)
  • The approximate amount of the money transfer (+/- 10%)
  • The sender’s full name
  • The sending country (City & State if US/Mexico)
  • The answer to the test question (if any)

Be sure to check the status of your money transfer using the MTCN number it is ready to pick up.

How can I find out our western union, MoneyGram and RIA transaction if my money transfer has been paid?

The track your (MTCN) number online printed on your receipt to verify through the link if the money transfer has been paid.

https://www.westernunion.com/ca/en/web/global-service/track-transfer

https://secure.moneygram.com/embed/track

https://www.riamoneytransfer.com/track-a-transfer/

How do I Know My Recipient Received Their funds via RIA?

Track a Transfer your Order Number, PIN, or reference number that is on your confirmation email.

Can We Send money abroad through Ravi Exchange?

Yes, you can transfer your funds abroad through Ravi Exchange by using Western Union and MoneyGram.

Is Ravi Exchange have Jazz Cash Services?

Yes, Ravi Exchange offers Jazz Cash services.

What types of Ravi Exchange do services of jazz cash?
  • Deposit Money
  • Withdrawal money
  • Utility Bill Payment
  • Money Transfer. (Send and Receive Money Mobile to Mobile Account)