After Globalization and further developments, people travel to different countries more freely than before. It can be for a leisure trip or for higher education or for business development. The number of people travelling from Jalandhar to foreign countries also increased considerably. In all these foreign travels or after returning from a foreign country, you may want to do currency exchange from Jalandhar to meet various demands. So naturally you have to depend on foreign exchange service providers exchanging the currency. So, here we will help you to equip with all the important points to be considered in foreign currency exchange from Jalandhar to save time and money.
Know about CDF:
Currency Declaration Form (CDF) issued by Airport Customs Authorities.
A CDF is required where the foreign exchange in the form of currency notes and traveler’s cheques brought in by a person 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.
Tips to Get Better Foreign Exchange Rates:
- Always approach an Authorized service provider with a license from RBI for currency exchange.
- Research on current foreign currency rate through online modes.
- Be familiar with normal transaction charges and prevailing market rates.
- Avoid currency exchange dealers you see in airports, train stations, and other touristy areas, which often are too expensive.
Documents Required for Currency Exchange from Jalandhar
For currency Sale:- Aadhar/ Driving License/ Voter’s ID/ Passport.
- Passport is mandatory for NRI/ Foreigner.
- Passport.
- PAN Card.
- Ticket/ Visa.
Why Unimoni Jalandhar?
Unimoni India is an Authorized Dealer II and is a leader for foreign currency exchange in India with a good number of branch networks. Unimoni India is the first Company in India to get Authorized Dealer II license and there is no better dealer in Jalandhar than Unimoni where you can experience fastest currency exchange with best rates.
What are the limits in foreign currency exchange from Jalandhar?
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 Liberalised 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.
The payment for foreign exchange can be made by cash up to a limit of Rs 50,000 or by way of a crossed cheque or demand draft.
If you want to exchange foreign currency with Unimoni, the following Cash Limits are applicable:
- Resident Indian – USD 1,000 or its equivalent
- NRI & Foreigners – USD 3,000 or its equivalent
In all other cases, payment should be made as Account Payee Cheque / DD/ Online Transfer only.
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