Title: Forex
1TRAVEL FOREX
2Documents 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.
3WHAT 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.
4Foreign 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.
5ARE 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.
6What 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).
7Thank You