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Chennai’s trusted forex partner since 2005
RBI licensed Full Fledged Money Changer. Competitive rates, zero hidden charges, and doorstep delivery across Chennai.
WhatsApp us now
RBI FFMC licensed
Established 2005
4.6 ★ on Justdial
2 office locations
Doorstep delivery
What we offer
Foreign currency
Buy & sell 30+ currencies at best daily rates
Forex travel card
Prepaid multi-currency card, accepted worldwide
Send money abroad
TT & drafts for education, medical, travel
Receive remittance
Western Union & MoneyGram payouts
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Why Venus Forex?
20+
Years in business
RBI
FFMC licensed
4.6★
Justdial rating
2
Office locations
How it works
1
Check live exchange rates
View today’s rates or WhatsApp us for a quick quote
2
Walk in or book doorstep delivery
Visit Adambakkam or Mamallapuram office, or we come to you across Chennai
3
Bring your KYC documents
PAN + passport + air ticket + visa. We handle all the paperwork.
4
Pay & collect
Cash up to ₹49,999 · NEFT/UPI for higher amounts · Currency in hand instantly
What our customers say
★★★★★
“Best forex rates in Chennai. Got my USD on the same day. Staff was very helpful with all the paperwork.”
— Rajesh K., Adambakkam
★★★★★
“Used doorstep delivery for my daughter’s education remittance to the US. Smooth process, great rates.”
— Meena S., Velachery
Quick enquiry
Reach us directly
📞 +91 9444170065 ✉ venusforex2005@gmail.com
Mon – Sat · 9:30 AM – 6:00 PM
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About Venus Forex
Trusted foreign exchange services in Chennai since 2005
Our story
Venus Forex Private Limited was founded in 2005 by a team of experienced forex professionals in Chennai. Authorized by the Reserve Bank of India as a Full Fledged Money Changer (FFMC) under Section 10 of FEMA 1999, we have spent over two decades making foreign exchange simple, transparent, and accessible for every traveler, student, patient, and business in Chennai. From our main office in Adambakkam and our franchisee location in Mamallapuram, we serve individuals and families across Tamil Nadu with competitive rates and genuinely personal service.
Our milestones
2005 — Founded & RBI licensed
Incorporated under the Companies Act. Obtained FFMC authorization from the Reserve Bank of India, Chennai regional office.
2007 — Franchisee in Mamallapuram
Expanded to serve foreign tourists along the heritage Coromandel Coast corridor.
2010 — Western Union & MoneyGram
Became an authorized channel partner for inward remittance services.
2015 — Full service portfolio
Added prepaid forex travel cards, international SIM cards, and travel insurance.
2026 — Present
Serving thousands of customers each year across travel, education, medical, and business forex needs.
Mission & vision
Mission
To simplify foreign exchange for every customer — making it safe, transparent, and affordable with no hidden charges.
Vision
To be the most trusted forex partner in Chennai, known for integrity, competitive rates, and a customer-first approach.
Board of directors
SR
Swaminathan Raja
Director
SS
Srinivasan Sathish
Director
SM
Sundaram Manoharan
Director
Company credentials
RBI licence typeFull Fledged Money Changer (FFMC)
CINU67190TN2005PTC055410
Incorporated17 February 2005
Governing actFEMA 1999, Section 10
Paid-up capital₹50,00,000
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Our services
Complete foreign exchange solutions for every need
Foreign currency exchange
Buy & sell foreign currency notes
Exchange Indian Rupees for 30+ foreign currencies or sell your unspent foreign currency back to us. Rates updated every morning. Competitive pricing with no hidden charges.
Cash carry limit
Up to USD 3,000 in cash abroad
LRS annual limit
USD 2,50,000 per year per person
Documents required
PAN card — mandatory for all transactions
Valid passport with 6+ months remaining validity
Confirmed air ticket — travel within 60 days
Valid visa for destination country
Cash payments accepted up to ₹49,999 only. Above that, pay via NEFT / UPI / cheque.
Prepaid forex travel card
Multi-currency card for international travel
Load multiple currencies on a single card before you travel. Use at ATMs and POS terminals worldwide. Safer than carrying cash.
15+
Currencies
Global
ATM access
Online
Top-up
Documents required
PAN card
Valid passport
Confirmed air ticket (within 60 days)
Valid visa
Unused card balance can be converted back to INR within 180 days of return.
Outward remittance — send money abroad
Telegraphic Transfer (TT) & Demand Draft
Send money internationally through our authorized dealer bank partners. Covers education fees, medical expenses, tour costs, family maintenance, and more.
Education
University tuition & living costs
Medical
Hospital payments abroad
Travel
Tour cost, visa & hotel payments
LRS limit: USD 2,50,000/year · TCS at 20% on remittances above ₹7 lakh
Documents required
PAN card + valid passport
Form A2 — outward remittance declaration
Education: admission letter / fee demand from university
Medical: hospital estimate or doctor’s letter
Travel: confirmed itinerary & air ticket
Payment must be via bank transfer (NEFT / RTGS). No cash for remittances.
Receive money — Western Union & MoneyGram
Instant inward remittance payout
Receive money sent by family or friends from abroad through Western Union or MoneyGram. Fast, secure, and paid out in Indian Rupees on the spot at our office.
Documents required
MTCN / Reference number from the sender
Valid government photo ID — Aadhaar, passport, or voter ID
Mobile number linked to the transfer
Additional services
Traveler’s cheques
Purchase & encashment. Certificate issued on request.
International SIM cards
Stay connected in 100+ countries. Pre-activate before departure.
Travel insurance
Medical, trip cancellation & baggage coverage for international travel.
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Exchange rates
Live rates updated daily from global markets
Live · Auto-updates on load
Rates are indicative only. Final rate confirmed at time of transaction. Spread applied over mid-market rate. GST & TCS applicable.
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Applicable taxes
GST on forex transactions
Up to ₹1,00,0000.18% (min ₹45)
₹1 lakh – ₹10 lakh₹180 + 0.09% of excess
Above ₹10 lakhMaximum ₹990
TCS on outward remittances
TCS at 20% is collected on LRS remittances above ₹7 lakh per financial year (Finance Act 2023). Fully creditable when filing your income tax return.
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Contact us
Monday to Saturday · 9:30 AM – 6:00 PM · We reply within 1 hour
Our offices
Main office — Adambakkam
AddressNo. 64 Kakkan Nagar Main Rd,
Adambakkam, Chennai – 600 088
HoursMon – Sat · 9:30 AM – 6:00 PM
Franchisee — Mamallapuram
AddressMamallapuram (Mahabalipuram),
Tamil Nadu
HoursMon – Sat · 9:30 AM – 6:00 PM
Send us a message
Frequently asked questions
What documents do I need to buy forex?
+
PAN card, valid passport, confirmed air ticket (travel within 60 days), and a valid visa for your destination country.
How far in advance can I buy foreign currency?
+
Up to 60 days before your travel date, as per RBI guidelines.
Is doorstep delivery available?
+
Yes, across Chennai. Book at least 24 hours in advance by calling or WhatsApp-ing us at +91 9444170065.
What is TCS and does it apply to me?
+
TCS at 20% applies on outward remittances above ₹7 lakh per financial year. Fully creditable against your income tax when you file your ITR.
Can I sell back unused foreign currency?
+
Yes. Bring unspent notes or your forex card balance to our office within 180 days of return and we convert them back to INR at the prevailing rate.
What is the maximum cash payment allowed?
+
Cash payments are accepted only up to ₹49,999 per transaction as per RBI guidelines. Above that, payment must be via NEFT, RTGS, UPI, or cheque.