TRAVEL FOREX

DOCUMENTS NEEDED TO BUY FOREIGN CURRENCY NOTES

• For seamless exchange Travel Companies demand Valid Passport, Confirmed Tickets or Visa.

• Basic Travel Quota (BTQ) Form and Residence Permit is required in case of Foreign Nationals.

• LERMS(Liberalized Exchange Rate Management System) Letter is required for business travel.

WHAT IS THE LIMIT FOR CARRYING FOREIGN CURRENCY

Maximum limit for foreign currency per traveller for a leisure trip is USD 10,000 in a year as per Indian regulations but only $3000 can be carried as currency notes as per Indian regulations and the balance has to be carried in the convenient form of Prepaid Forex cards or Foreign Currency Travellers Cheques.

FOREIGN CURRENCY TRAVELER'S CHEQUE

The Foreign Currency Travellers Cheques are convenient and easy to use while travelling abroad and allows you the convenience of cash as well as purchases (At select establishments) and hence are a great way to carry your foreign currency while travelling.

ARE TRAVELER'S CHEQUE GLOBALLY ACCEPTED

The Foreign Currency Travellers Cheques are accepted worldwide in over 400,000 locations spread across 200 countries. They can either be enchased or used at Exchange bureaus, Banks, Hotels Shops, Restaurants and other establishments, thereby making your travel smooth and hassle free.

WHAT ARE THE VARIOUS FOREIGN CURRENCIES FOR WHICH TRAVELLERS CHEQUES ARE AVAILABLE

Many travel companies makes it convenient for you to carry your money in the following currencies through a Foreign Currency Travellers Cheque: United States Dollars (USD) Great Britain Pounds (GBP) EURO Japanese Yen (JPY) Australian Dollars (AUD) Canadian dollars (CAD).

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