Wall Street Finance Ltd. (WSFL) was set up in 1986 as a public limited company. Wall Street Finance Ltd. (WSFL) is a leader in foreign exchange and money remittance services in the country and has been upgraded to the status of Authorized Dealer Forex-II by the Reserve Bank of India. This prestigious license has now opened a large market for the company in the field of foreign exchange, which was earlier restricted to banks. The company will now be able to offer outward remittance services for a wide range of activities.
This has catapulted the company into a bigger league through a major expansion of its forex product portfolio. To capitalise on this huge opportunity, WSFL will soon expand its network by opening more branches across the country. The Authorised Dealer Forex-II license has been issued to the company based on its 15-year-old track record in the field of foreign exchange as well as strict compliance policies adopted by the company.
The company is one of the principal agents of Western Union Money Transfer and operates over 3500 locations for money transfer. The company has 51 branches spread across India.
WSFL is a major player in the Haj pilgrimage market and has been catering to Hajis every year for the past several years. The company is registered with the RBI as a Non-Banking Finance Company.
WSFL has also got into investment services as a distributor of various wealth management products. The company is a SEBI certified “Portfolio Manager” and offers portfolio management services to NRIs and Indian residents.
Products and services offered by the company:
- Foreign Exchange
- Retail Forex
- Outward Remittances
- Wholesale Forex
- Export of Currencies
- Import of Currencies
- HAJ & UMRAH
- Cash Withdrawal Services against Debit/ Credit Cards
- Investment Services
- Money Transfer - Western Union
Achievements/ recognition:
- Western Union - Star of Service Excellence 2001
- Western Union - Fastest Business Growth 2001
- Western Union - Agent of the Year 2001
- Western Union - Agent of the Year 2002
- Western Union - South Asia Revenue Leader 2003
- Western Union- Send & Receive Cooperation Excellence Award 2006