
If you have travelled abroad, there’s every pos...


If you have travelled abroad, there’s every possibility that you have some leftover foreign currency notes and funds in your forex card. Once you are back from the foreign land, you have the choice to either convert it there and then or play the waiting game if you think the currency value of the notes you have will rise. There are a few rules that you must be aware about while keeping the foreign currency. One is that the maximum amount of foreign currency notes allowed is USD 3, 000, and any excess must be declared at the airport by completing a CDF form which is also known as Currency Declaration Form. According to Reserve Bank of India policy, an Indian person has the right to keep up to 2, 000 US dollars in foreign currency or its equivalent indefinitely. Foreign currencies worth more than the previously mentioned limit must be encashed within 180 days once you are back in India. Khanna forex Pvt Ltd Money changer Forex Remittances Visa Pitam pura Nsp Shalimar bagh Punjabi bagh Ashok vihar
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