The Synthetic & Rayon Textiles Export Promotion Council

Forex Management Webinar on 25th May 2021

20th May 2021

To: Members of the Council

 

Dear Members, 

 

We are pleased to inform you that council has arranged to hold a webinar on Forex trading & management with The Clearing Corporation of India Ltd. (CCIL) Since long time exporters have been complaining that they are not getting fair price for the forex transactions executed through their registered banks. To bring in transparency and fair pricing for exporters and all customers, CCIL ltd. has launched FX-Retail platform.  

 

The platform www.fxretail.co.in has been developed under the initiative of RBI  

  • Users can directly place orders and Buy & Sell USD on CASH, TOM, SPOT basis & book FORWARD Contracts on this platform. 

  • Once the user registers, the registration request is sent to the selected Bank. 

  • Bank approves the user’s registration request, and the user receives login ID & password. 

Benefits of trading on the platform:

  • Buy/sell US Dollar at best exchange rates

  • Substantial savings in foreign exchange cost

  • Online dealing along with access to current inter-bank USD/INR rates(IBR) 

  • Trading through web based electronic trading platform 

  • Transparency and fair pricing to the Customers 

  • Multi Bank portal

  • Trade execution confirmation on SMS and email 

  • Order and Transaction Reports are available

Kindly pre-register (limited seats) for an exclusively arranged webinar for members of SRTEPC

Date: Tuesday, 25th May 2021  

Time: 4.30pm to 5.30 pm  

Pre-registration link for the webinar: https://tinyurl.com/forex2021
 

Members are requested to attend the session and get enlightened about the new initiative taken by RBI for exporters & importers forex management.  

Regards, 


S. Balaraju 

Executive Director