Fast, reliable, and licensed—serving travelers and businesses with transparent rates right from the heart of Ujjain and Indore.
Expands with trust (RBI-licensed), reliability (transparent & secure), and audience (travelers, students, businesses).
Formax Forex India Pvt. Ltd. is a 100% RBI-licensed currency exchange provider located on Central Kotwai Road, Malipura, Ujjain (near Narendra Talkis). Since 2019, we’ve delivered transparent and competitive foreign exchange services tailored for travelers, businesses, and investors.
Discover MoreFrom currency exchange and international transfers to forex cards and advisory services, we provide reliable and secure solutions to meet all your foreign exchange needs.
Competitive rates for buying and selling a wide range of currencies—no hidden fees.
Fast, secure transfers with low costs and favorable rates.
Expert guidance to help navigate the forex market.
Custom strategies to mitigate currency fluctuation risks.
Exchange and transfer money in 100+ currencies across major global destinations with trusted and RBI-licensed forex services.
Fast • Secure • Hassle-Free
Skip the queues and save time – book your forex online in Ujjain or Indore and get guaranteed competitive rates instantly.
Formax Forex makes it simple to book foreign currency online for travel, studies, or business – quick, reliable, and RBI-approved.
A simple form allowing users to select currency, enter amount, choose service (notes/card/transfer), and submit their request.
Incorporate a live rate feed or mid-market rate data from services like Wise for transparency.
RBI-approved, reliable, and customer-focused, we offer competitive rates, fast service, and multiple branches across India to make your currency exchange and international transfers hassle-free.
Real currency exchange without markup—like Wise’s mid-market rates.
Fast, digital, and door-step delivery for forex cards.
Trustworthy operations, fully authorized under RBI norms.
Include major travel and business destinations, like the US, UK, UAE, Singapore, Australia, Japan, Canada, European countries, etc.