Reserve Bank licenses authorised dealers, primarily banks dealing in foreign exchange, and full-fledged money changers. Post author By admin Post date December 27, 2023 RBI to Launch New Money Changer Category On Tuesday, the Reserve Bank of India unveiled its intention to create a new… 27 December 2023, • < 1 mins read Tags Dealers, FCS, FEMA, Forex Correspondent Scheme, Forex Correspondents, FxCs, money changers, RBI, Reserve Bank, Reserve Bank of India