FEMTA logo FEMTAForex & Money Transfer Association

Membership

Join India’s forex & money-transfer fraternity

FEMTA offers three categories of membership. Choose the one that fits you, review what it involves, then apply online — fill the form, upload your documents, and track the review to approval.

Prime Membership

₹5,000

For RBI-licensed money-changing companies.

Registered companies/entities engaged in the money-changing business, duly licensed by the Regulator (RBI). The entity is represented by up to two authorized persons designated by the company.

Who can apply
  • A registered company/entity in the money-changing (forex) business.
  • Holds a valid RBI licence (FFMC / AD-Category II).
  • Represented by a maximum of two authorized persons.
6 documents required · fee payable from the company account only

Associate Membership

₹1,000

For individuals affiliated with a FEMTA member company.

Individuals affiliated with a member company who seek to engage with FEMTA for market insights and participation in industry activities — branch heads, franchise owners, employees and authorized representatives.

Who can apply
  • Affiliated with an existing FEMTA member company.
  • Branch head, franchise owner, employee or authorized representative.
  • Requires a No-Objection Certificate (NOC) from the member company.
3 documents required · fee payable from the member company account only

Affiliate Membership

₹2,500

For independent forex-industry professionals.

Individuals who are not affiliated with any member company but have a professional link to the forex industry — independent consultants, auditors, legal & compliance advisors, ex-regulators, and trainers — wishing to engage with FEMTA for knowledge enrichment and industry awareness.

Who can apply
  • Not affiliated with any FEMTA member company.
  • A professional link to the forex industry (consultant, CA/CS, auditor, compliance, ex-regulator, trainer).
  • Able to evidence the profession with a certificate / licence.
5 documents required · fee payable from the individual’s personal account only
How approval works. The Executive Committee reviews every application. Membership is valid only after the Board’s approval. The membership fee is paid by bank transfer (no cash); if an application is not approved, the fee is refunded to the same account. You’ll be asked to sign in or create a free account before you apply.

Member benefits

  • Representation before regulators and industry forums.
  • Timely circulars and alerts on RBI / FEMA developments.
  • Access to the member knowledge base and downloadable resources.
  • Listing in the FEMTA member directory.
  • Participation in events, training and networking.
  • Access to the FEMTA Placements portal to hire trained talent.

Eligibility

  • A valid RBI authorisation (FFMC / AMC / franchisee) or allied forex service licence.
  • Commitment to FEMTA’s code of fair practice.
  • Completed application with supporting documents.

How to apply & pay

Submit the enquiry form below. Our secretariat will contact you with the application form, fee details and the list of documents required. Applications are reviewed by the membership committee before approval.