Foreign currency exchange from Ahmedabad
Foreign currency exchange from Ahmedabad
Traveling abroad from Ahmedabad necessitates the need for foreign currency exchange from Ahmedabad. However, the foreign exchange market is prone to frequent fluctuations, and exchanging currency without prior knowledge about the market can cause you significant losses. If you plan to exchange money from Ahmedabad and don’t know much about the market, don’t worry. Here are all the details you need to swap the currency without hassles and confusion.
While you make foreign currency exchange from Ahmedabad when did the necessity for CDF emerge?
A CDF is required when the foreign exchange in the form of currency notes and traveler’s cheques brought in by an individual at any one time exceeds US$ 10,000 or its equivalent or the aggregate value of foreign currency notes brought in by such person at any one time exceeds US$ 5,000 or its equivalent.
Documents required for foreign currency exchange from Ahmedabad:
The following are the basic KYC Documents required for foreign currency exchange from Ahmedabad:
For currency sale:
- Aadhar/ Driving License/ Voter’s ID/ Passport.
- Passport is mandatory for NRI/ Foreigner
For currencypurchase:
- Passport.
- PAN Card.
- Ticket/ Visa.
Foreign currency exchange from Ahmedabad and its limits:
As per the guidance set by RBI, a person can carry foreign currency of $3,000 or equivalent per visit in the form of notes and coins. An individual under the Liberalised Remittance Scheme’s total limit is $2,50,000 per financial year.
You are permitted to carry above USD 3000 if you are traveling to:
- The Islamic Republic of Iran.
- Russian Federation.
- Republics of Commonwealth of Independent States.
The payments for foreign currency exchange from Ahmedabad can be made by cash up to a limit of Rs 50,000 or by way of a crossed cheque or demand draft.
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Points to be considered in foreign currency exchange from Ahmedabad:
- Always approach an Authorized service provider with a license from RBI for currency exchange.
- Make a study on current foreign currency exchange rates thru online modes.
- Be familiar with standard swapping charges.
- Avoid currency exchange dealers you see in airports, train stations, and other touristy areas, which often are too expensive.
Where to contact for foreign currency exchange from Ahmedabad?
If you are looking to exchange currency from Ahmedabad, please feel free to get in touch with us by visiting our website https://www.unimoni.in/ and put a query or chat with us at the toll-free number 1800 102 0555 or WhatsApp us at +91 9946086666 or mail us at customercare@unimoniindia.com. You can also visit any nearby branches of Unimoni in Ahmedabad to avail the finest services in currency exchange and purchases.
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