Ritco Travels and Tours Pvt. Ltd. is a wholly owned subsidiary of Transcorp International Ltd. which initiated its operations out of Mumbai in 1994. Today, the company has grown to be a name to reckon with. Transcorp primarily operates in money exchange and transfer. The company has been one of the principle agents of Western Union since 1997. Transcorp is licensed by the Reserve Bank of India as an FFMC ( Full fledged Money Changer ) since 1994 and has been carrying out foreign exchange dealings for its clients.