CCIL FX RETAIL

RBI in its “Statement on Developmental and Regulatory Policies” dated June 06, 2019 announced the introduction of a Foreign Exchange Trading platform for buying and selling foreign exchange for the Customers of Banks.
The platform was rolled out on 05/08/2019.
RBI highlighted the advantage of transparency and better pricing for the customers.
TJSB Bank is offering this facility through all category A &B branches.
Nominal administrative charges are levied by TJSB for this facility.
CCIL notifies its charges at https://www.ccilindia.com/AboutUs/Documents/Schedule of Fees and Charges.pdf

A separate Registration portal https://www.fxretail.co.in is provided by CCIL.
The user credential which includes a login name and password will be provided by CCIL.
The Cash, Tom, Spot and Forward orders placed by the Customers.
The Customer is allowed to place orders based on the limits set by the Relationship Bank.
Moving from phone based trading to electronic trading.
Web based forex dealing in USD/INR

Customers need to apply with required details at https://www.fxretail.co.in by selecting TJSB Bank as relationship bank.
Customer to submit signed printout of above application together with the request letter to its home Branch.
After successful activation customer can login at FX-Retail website through email/mobile number and obtained password.