SOTC Travel Ventures into the Forex Business


SOTC Travel has ventured into the Forex business to provide customers with a one stop solution for their entire travel related requirements, including enabling the traveller to book Forex as well. Users will have access to the best rates for foreign exchange and based on the customer’s requirement it could either be collected from the store or have it home delivered.

To bring complete transparency,  SOTC showcases the exchange rates in real time and delivers the order to the customer’s doorstep. SOTC engages in the FFMC business which enables it to not only service such requirements internally, but also make an entry into the retail and wholesale foreign exchange business, thereby opening up another revenue stream.

Speaking on the launch, Vishal Suri, Managing Director, SOTC Travel said,  “The main priorities of Indians travelling abroad are secure and hassle-free travel, easy access to foreign currency and convenience of making payments. With the launch of the forex business, SOTC offers all these benefits and more. It aims to provide the ease of travel with best security features to the target audience. As a company, SOTC is focusing on the growing travel requirements of the millennial, and looks forward to making a mark in this segment. Since its launch in Mumbai, SOTC has observed immense potential in this business and has recently extended its forex services in Delhi as well.”