Please read these terms carefully before using our services.
By using the services of Best Deal Forex Private Limited ("BDFX", "we", "us", or "our"), you agree to be bound by these Terms of Service and all applicable laws and regulations. If you do not agree, please do not use our services.
BDFX is an RBI Authorised Full-Fledged Money Changer (FFMC) licensed under the Foreign Exchange Management Act (FEMA), 1999. Our services include:
All transactions are subject to applicable RBI guidelines, FEMA regulations, KYC norms, and AML requirements. Customers must provide valid identity documents as required. BDFX reserves the right to decline any transaction that does not meet regulatory requirements or appears suspicious.
Exchange rates quoted are indicative and subject to change without notice. The rate applicable to any transaction is the rate confirmed at the time of actual transaction and payment. BDFX is not liable for any loss arising from rate fluctuations between quote and transaction.
Transactions are subject to limits prescribed by the RBI from time to time, including LRS limits (currently USD 2,50,000 per financial year per individual), cash purchase limits, and documentation thresholds. BDFX may apply additional limits at its discretion.
Currency exchange transactions, once executed, are generally non-refundable. Cancellation requests for pending transactions must be made before processing begins. International remittances, once initiated via SWIFT, cannot be recalled without incurring bank charges. Any refunds will be processed at the prevailing buy rate at the time of refund.
BDFX's liability is limited to the value of the specific transaction in dispute. We are not liable for any indirect, consequential, or special damages arising from use of our services. BDFX is not responsible for delays caused by correspondent banks, SWIFT network issues, or regulatory holds beyond our control.
Your use of our services is also governed by our Privacy Policy, which is incorporated into these Terms by reference.
These Terms are governed by the laws of India. Any disputes shall be subject to the exclusive jurisdiction of the courts in Hyderabad, Telangana.
BDFX reserves the right to modify these Terms at any time. Changes will be posted on our website. Continued use of our services constitutes acceptance of the updated Terms.
For questions about these Terms: info@bestdealfx.com | +91 9676321959