Currency Notes
Buy currency notes from a choice of 36 destination currencies for hassle-free travel.
Buy currency notes from a choice of 36 destination currencies in denominations of your choice for hassle-free travel. Place your order with RRSB Forex and get the most competitive rates.
Key Features
- 36 currency notes available covering major destinations
- Good quality notes in denominations of your choice
- Door delivery in major cities, no minimum order size
- Competitive rates
Frequently Asked Questions
A resident Indian can buy upto USD 3000 in currency notes per overseas trip (except Nepal & Bhutan). Remaining amount can only be purchased in form of travel card. RRSB forex provides travel card in both visa and master card which is safe and convenient way of carrying forex.
There is higher currency notes limit for following countries:
- USD 5000 for travel to Iraq & Libya
- Full quota for CIS countries & Iran
- Full quota for Hajj/Umrah (subject to limit set by Hajj committee)
Traveler visiting multiple countries will be counted as single trip for issuance of forex. In a singled journey covering more than one country will be counted as one trip for issuance of foreign exchange. Maximum currency notes worth USD 3000 can be issued and balance amount to be taken in travel card or travellers cheque.
Foreigners / non residents can reconvert INR into forex against their encashment certificate subject to following :
- Valid passport and visa required
- Departure from India is within 7 days (confirmed ticket required)
- Valid encashment certificate (Not needed upto INR 10,000)
- Against ATM slip upto Rs. 50,000
Resident Indians can encash upto USD 1000 equivalent against INR cash payment. Above this payment thrugh cheque / bank transfer only. Non residents / foreigners can be paid INR cash upto USD 3000 equivalent against encashment.
Any amount of foreign exchange purchased by resident Indians is part of their annual LRS entitlement (Liberlised Remittance Scheme). As per current limits a resident indian can purchase upto USD 250,000 in a financial year for all purchases listed under LRS e.g. travel, higher studies, gift, maintenance of close relatives. This LRS limit is inclusive of LRS transactions of capital nature e.g. purchase of property abroad, investment in shares / subsidiaries. To track this usage PAN has been made mandatory and required for every release of exchange under LRS.
The authorised moneychanger has to verify originals while issuing forex. This is to part of KYC process and also required to avoid misuse of copies by someone.
For buying exchange worth Rs. 50,000 and above the payment has to be mandatoriy through bank transfer. INR cash payment is allowed below Rs. 50,000 only. Splitting of payment between INR cash and cheque / bank transfer is not allowed.