सभी प्रेषण के लिए लागू जनरल प्रावधान
 

01. Foreign exchange can be purchased from any Authorized Dealer banks/money changers for private and business visits.

02. Foreign exchange cannot be released for any kind of travel to Nepal and Bhutan or for any transaction with persons resident in Nepal and Bhutan.

03. In case of travel to Nepal and Bhutan, a resident Indian is permitted to take INR of denomination of Rs. 100 or lesser denomination, without limit.

04. Amounts mentioned in US Dollars refer to amounts in any permitted currency equivalent of amount mentioned in US Dollars.

05. A traveler may be allowed to purchase maximum amount in the form of foreign currency as follows:

   i) Travelers proceeding to Iran, Russia and other Republics of Commonwealth of Independent States - full exchange amount.

  ii) Travelers proceeding to Iraq or Libya - not exceeding USD 5,000 or its equivalent.

 iii) Travelers proceeding to other countries - Not exceeding USD 3,000 or its equivalent.

06. In case the traveler does not undertake the journey, foreign exchange drawn should be surrendered to the concerned authorized dealer within 180 days from the date of the drawal of the foreign exchange.

07. The traveler is required to surrender the unspent foreign exchange, within 180 days from the date of his return to India. However, a resident is permitted to retain foreign exchange up to USD 2,000 for future use. Further, the traveler also has the facility of retaining the unspent foreign exchange in his RFC (Domestic) account.

08. There is no restriction on residents holding any number of foreign coins.

09. Residents are permitted to book their tickets in India for their visit to any third country. For example, residents can book their tickets for travel from London to New York, through domestic/foreign airlines in India itself.

09. Residents are permitted to book their tickets in India for their visit to any third country. For example, residents can book their tickets for travel from London to New York, through domestic/foreign airlines in India itself.

10. Resident and Non-residents except citizens of Pakistan and Bangladesh is permitted to take outside India (other than to Nepal and Bhutan) Indian currency notes up to  Rs. 25,000 per person.

11. A person coming into India from abroad can bring with him foreign exchange without any limit. However, if the aggregate value of the foreign exchange brought in, exceeds USD 10,000 and/or the value of foreign currency alone exceeds USD 5,000, it should be declared to Customs authorities at the airport in the Currency Declaration Form (CDF).

12. If the remittance is made out of EEFC account/RFC (Domestic) account of the remitter, the remittance amount can exceed the limits prescribed for private visits, business visits, international conference/seminar/training, employment, emigration, medical treatment etc.

13. Resident Individuals who are on a visit outside India are allowed to make payment through International Credit Cards (ICCs) towards expenses to the extent of the applicable credit limit fixed by the Card issuing banks.

14. International Debit Cards (IDCs)/Stored Value Cards/Charge Cards/Smart Cards etc. can be used only for permissible current account transactions and the item-wise limits stipulated for each purpose are equally applicable to payments made through use of these cards.

15. International Debit Cards (IDCs)/Stored Value Cards/Charge Cards/Smart Cards etc. cannot be used on internet or otherwise for purchase of items prohibited under Schedule I like lottery tickets, banned or proscribed magazines, participation in sweepstakes, payment for call back services etc. Use of these Cards for payment in foreign exchange in Nepal and Bhutan is not permitted.

16. Payment in Rupees for purchase of foreign exchange can be made as follows:

   i) Cash up to Rs. 50,000/- for travel abroad.

  ii) Wherever purchase of foreign exchange exceeds amount of Rs. 50,000, the payment must be made by a crossed cheque drawn on the applicant's bank account or by a crossed cheque drawn on the bank account of the firm/company sponsoring the visit of the applicant or by Banker's cheque/demand draft.

 iii) Payment for purchase of foreign exchange for Education, Medical Treatment, Employment, and Emigration should be made by a cheque or demand draft or by debit to his account.