If you are going abroad for medical treatment, you can get foreign currency exchange up to USD 2,50, without any estimate from a doctor or hospital in India or abroad. You can gift or donate up to USD 2,50, each financial year as gift or donation to a person or organization abroad. Suggested Read: Great tips for buying Forex while travelling. Forex Prepaid Cards are smart, convenient and secure alternative to carry foreign currency while travelling abroad.

Multicurrency Forex Card or Borderless Prepaid Travel Card, like one available at Thomas Cook, is one of the best and safest options to carry out smooth transactions when traveling to different countries at reasonable foreign currency exchange rates. Carrying credit and debit cards are another safe option for smooth transactions abroad at reasonable foreign exchange rates.

Get your Travellers Cheque from Thomas Cook for safe, smooth, and easy transactions in foreign countries without any concerns. So, make no delay in contacting Thomas Cook for your foreign exchange requirements to enjoy a hassle-free trip abroad.

If you have planned everything about your travel and not about the currency you should be carrying, then this might bother you while you are away for some fun time. Read our blogs to know everything about foreign currency exchange while traveling from India.

These FAQs attempt to put in place the common queries that users have on the subject in easy to understand language. Who are authorized by the Reserve Bank to sell foreign exchange for travel purposes? How much foreign currency can be carried in cash for travel abroad? Exceptions to this are a travellers proceeding to Iraq and Libya who can draw foreign exchange in the form of foreign currency notes and coins not exceeding USD or its equivalent per visit; b travellers proceeding to the Islamic Republic of Iran, Russian Federation and other Republics of Commonwealth of Independent States who can draw entire foreign exchange up-to USD , in the form of foreign currency notes or coins.

How much Indian currency can be brought in while coming into India?

A resident of India, who has gone out of India on a temporary visit may bring into India at the time of his return from any place outside India other than Nepal and Bhutan , currency notes of Government of India and Reserve Bank of India notes up to an amount not exceeding Rs. Any person resident outside India, not being a citizen of Pakistan and Bangladesh and also not a traveller coming from and going to Pakistan and Bangladesh, and visiting India may bring into India currency notes of Government of India and Reserve Bank of India notes up to an amount not exceeding Rs.

How much foreign exchange can be brought in while visiting India? A person coming into India from abroad can bring with him foreign exchange without any limit.

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Can one pay by cash full rupee equivalent of foreign exchange being purchased for travel abroad? Foreign exchange for travel abroad can be purchased from an authorized person against rupee payment in cash below Rs. Is there any time-frame for a traveller who has returned to India to surrender foreign exchange?

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On return from a foreign trip, travellers are required to surrender unspent foreign exchange held in the form of currency notes and travellers cheques within days of return. Should foreign coins be surrendered to an Authorised Dealer on return from abroad?

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Is there any category of visit which requires prior approval from the Reserve Bank or the Government of India? Dance troupes, artistes, etc. The Foreign Contribution Regulation Act, is administered and monitored by the Ministry of Home Affairs whose address is given below:. Banks authorised to deal in foreign exchange are permitted to issue International Debit Cards IDCs which can be used by a resident individual for drawing cash or making payment to a merchant establishment overseas during his visit abroad.

No prior permission from Reserve Bank is required for issue of such cards. However, the use of such cards is limited to permissible current account transactions and subject to the LRS limit. Resident individuals maintaining a foreign currency account with an Authorised Dealer in India or a bank abroad, as permissible under extant Foreign Exchange Regulations, are free to obtain International Credit Cards ICCs issued by overseas banks and other reputed agencies.

The remittance for this purpose, should also be made directly to the card-issuing agency abroad, and not to a third party.