Seamless & Compliant Foreign Exchange Services for Tour Operators and Event Managers.
Prithvi Exchange provides specialized foreign exchange solutions for making secure and compliant payments to Destination Management Companies (DMCs) located across the globe. Whether you’re organizing FIT, group tours, MICE events, or international logistics, we help you remit funds with speed, transparency, and RBI compliance.
We serve travel agents, tour operators, DMC consolidators, and event organizers with competitive FX rates, personalized support, and accurate documentation filing under RBI’s AD-II framework.
Tour package payments to overseas DMCs
Advance booking for hotels, transport, guides, attractions
Remittances based on commercial contracts or confirmed invoices
One-time or phased payments for FIT and group departures
Purpose code tagging (e.g. S0306, S0305), Form A2, and KYC checks
Consolidated vendor payment management for international bookings
To process a DMC payment abroad, we typically need:
• PAN Card & business registration (GST/IEC) of the remitter
• Invoice or contract from the overseas DMC
• Purpose Code declaration (S0306 – Tourism, S0305 – Business)
• Form A2 filled and signed (we assist with this)
• Remitter KYC and authorized signatory letter (if a company)
Registered Indian tour operators, travel agents, and event organizers who need to send payments to DMCs overseas for services related to inbound tourism, conferences, events, or leisure travel.
Yes. We remit to DMCs across Europe, Middle East, Southeast Asia, USA, Africa, and more. You’ll need to provide the beneficiary’s bank details (IBAN/SWIFT) and a valid invoice or service contract.
We usually use:
• S0306 – Travel for tourism (for leisure-based payments)
• S0305 – Travel for business (for corporate or MICE-related travel)
Our experts help you assign the correct RBI purpose code.
Yes. Form A2 is an RBI-mandated declaration required for any foreign exchange transaction. It captures the remitter’s details, purpose, and amount. We generate and assist in signing this form for every DMC payment.
Yes. We support both one-time and batch payments to multiple vendors across countries. Each transfer is documented and tagged with the appropriate invoice and purpose code.
Typically 1–2 international working days, depending on the destination and banking network. We share SWIFT/UTR references post-transfer.
For businesses, there are no fixed outward limits, provided documentation and contracts are valid. For individuals, the remittance must fall within LRS limits (USD 250,000/year) if applicable.
TCS (Tax Collected at Source) may apply in some cases under the LRS framework (e.g., if paid by an individual). Corporate remittances for business purposes typically do not attract TCS. Our compliance desk will guide you accordingly.
• Faster processing with dedicated travel forex support
• Competitive FX rates and no hidden charges
• Personalised documentation review
• Compliant remittance with clear audit trail
• Over 25+ years of experience with tour and travel businesses
Yes. We help with KYC validation, payment scheduling, and maintaining multi-vendor remittance logs for accounts or audit teams.
PRITHVI EXCHANGE INDIA LIMITED,
Gee Gee Universal , 2nd Floor, Door no 2, Mc Nichalos Road, chetpet, chennai -600031
E-mail: [email protected]
Phone: 044-43434250
CIN: L30006TN1995PLC031931
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