CCIL launched Forex Category on Bharat Connect through FX-Retail Platform

Nov 10, 2025 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Clearing Corporation of India Limited (CCIL) on October 07, 2025, launched Forex Category on Bharat Connect through FX-Retail Platform.

The Forex category has been launched on Bharat Connect through the FX-Retail platform by RBI Deputy Governor Shri T. Rabi Shankar on October 7, 2025, during the Global Fintech Fest in Mumbai.

This integration facilitates seamless onboarding and forex transaction booking for customers via banking and third-party applications linked to Bharat Connect.

In its first phase, the facility allows individual customers to purchase US dollars through these apps, promoting greater transparency, efficiency, and convenience in forex transactions.


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