Foreign currency exchange from Fatehpur
Foreign currency exchange from Fatehpur.
Foreign currency exchange from Fatehpur becomes an important aspect in your foreign travel. Foreign travel can be for higher education, medical treatment in a foreign country, business travel or a leisure trip. For meeting various demands in a foreign country, you have to carry some amount of foreign currency. Similarly after a foreign travel or when you come back after your business or job in a foreign country, you will be carrying some foreign currency. In both these cases, you have to depend a foreign exchange agent to get the required currencies. Through this article we will help you to understand the important points to be considered in foreign exchange, especially from Fatehpur.
Documents Required for foreign currency exchange from Fatehpur:
All foreign exchange transactions are to be done in a legal way and as per the guidelines set by Reserve Bank of India. So, you cannot simply exchange currencies with an authorized service provider. The following are the basic KYC Documents required for foreign currency exchange from Fatehpur:
For Currency Sale:
- Aadhar/ Driving License/ Voter’s ID/ Passport.
- Passport is mandatory for NRI/ Foreigner.
For Currency Purchase:
- PAN Card.
- Ticket/ Visa.
How much foreign currency can be brought from a foreign country?
You can bring any amount of foreign currency from abroad. But above certain limits, you have to get the declaration from Airport Customs Authorities. And this declaration is required while you exchange foreign currencies with an agent. This declaration form is known as Currency Declaration Form (CDF).
How to get the best foreign currency exchange rate?
Since international travel increased these days, different foreign exchange agents also available in different locations. In fatehpur also you can find different service providers. To get the best rates while you make foreign currency exchange from fatehpur, please approach the authorized and experienced service providers. They will provide the best rates possible compared to market rates with lesser service charges.
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How much foreign currency can be exchanged?
As mentioned earlier, all foreign exchange transactions are monitored by RBI. RBI set certain limits for currency exchange and to carry to a foreign country. As per the Limits set by RBI, you can carry foreign currency of $3,000 or equivalent per visit in the form of notes and coins. The overall limit for an individual, under Liberalized Remittance Scheme for Resident Individuals is $2,50,000 per financial year.
You are allowed to carry above USD 3000 if you are travelling to:
- Islamic Republican of Iran.
- Russian Federation.
- Republics of Commonwealth of Independent States.
UUnimoni India is the first Company in India to get Authorized Dealer II license and is a leader for foreign currency exchange in India with a good number of branch networks. If you are looking for foreign currency exchange from Fatehpur, please feel free to get in touch with us by visiting our website https://www.unimoni.in/ or make a call to our branch in Fatehpur or mail us at email@example.com.