Under the exchange company license, REC is authorized to deal in the business of currency exchange, travelers' Cheques, notes, postal notes, money order, bank drafts and inward/outward remittances in a regulated environment. The company is authorized to set up its own branches or grant franchise arrangements for full range of services. The Company is also allowed to establish its own or franchised payment booths for inward remittances all over Pakistan.
REC has presently its branches in ten cities viz.

• Lahore
• Gujranwala
• Gujrat
• Jhelum
• MirPur (AK)
• Islamabad
• Faisalabad
• Multan
• Murree Payment Booth
• Sialkot Payment Booth

Twelve more are in process which would be opened Inshaallah by December, 2006.
REC have planned to open 100 branches in 2007 and another 100 in 2008, so as to have more than 200 branches by 2008 Inshaallah.

REC is a customer focused company and has always offered and maintained products, services and policies aimed at best satisfying the customer needs. The infrastructure, systems and procedures are regularly reviewed and improved to ensure the customers are provided with speedy, convenient and secure delivery of service.
The Company is a good corporate citizen. It always operates within the provision of the national and international law. It is working closely with the regulatory authorities to promote the awareness and implementation of all regulatory requirements. It is fully aware and responsive to its role & responsibilities in the international anti-money laundering drive.

Some of the Core features of REC Web Portal
Real Time Forex Rates:
One of the most unique features of Raviexchange is the availability of the current currency rates to the users, which is almost rare on the web from Pakistan. These rates are provided through the courtesy of Ravi Exchange Company (Pvt) Ltd. which are updated round the clock. The purpose of providing most updated information on our portal is to facilitate our valued users and for the justification of visitors
National & International Market Research:
A little effort to provide on air national and international economic news to our visitors, the news section is there. The national news section is covered with the Forex news of Pakistan collaborated with the different News Groups of Pakistan while International news is being grabbed from world's most authentic news sources. These features infect keeps our visitors well informed with the latest and current issues happening in the Market.
Research News and Analysis:
The coverage of national and international stock markets with graphical representation with the help of charts is another addition to the site. This section is helpful in gaining access to the important events and news marking the national and international stock markets