Foreign currency exchange from Navi Mumbai
Foreign currency exchange from Navi Mumbai.
Foreign currency exchange from Navi Mumbai is now an important aspect in abroad trips. Now a days people travel abroad for higher education, medical treatments, business meetups or for leisure trips. For meeting various needs in a foreign country, you need to carry some amount of foreign currency. Similarly, after when you come back from a foreign trip, you will be having some leftover currencies which you need to swap to Indian rupee. In both these cases, you have to make foreign currency exchange from Navi Mumbai, for which you need to depend a foreign exchange agent. Through this article we will help you to understand the important points to be considered while you make currency exchange from Navi Mumbai.
Documents Required for foreign currency exchange from Navi Mumbai:
All foreign exchange transactions are to be done in a legally and as per the guidelines set by the apex monetary institute- Reserve Bank of India. The following are the basic KYC Documents needed for foreign currency exchange from Navi Mumbai:
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 exchanged as per the RBI guidelines?
As all foreign exchange transactions are monitored by RBI, it has set a certain limit for foreign currency exchange and to the amount that can be carried to a foreign country. As per the Limits put forth 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.
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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 statement from Airport Customs Authorities. And this statement is required while you make foreign currency exchange from Navi Mumbai with an agent. This statement form is known as Currency Declaration Form (CDF).
How to get the best currency exchange rate while you make foreign currency exchange from Navi Mumbai
Since international travel has increased during the past decades, different foreign exchange agents has also increased along with it. In Navi Mumbai also you can find different service providers. To get the best rates while you make foreign currency exchange from Navi Mumbai, please approach the authentic and experienced service providers. They will provide you the best rates for your currency.
Where to contact for the best foreign currency exchange from Navi Mumbai?
If you are looking to exchange currency from Navi Mumbai, then 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 firstname.lastname@example.org. You can also visit any nearby branches of Unimoni in Mumbai to avail the finest services in currency exchange and purchases.