43. Foreign Currency Exchange in India

Question: I am visiting India in a few months. I will be going on the Golden Triangle tour. I have today been told that I cannot buy rupees in England and take them with me on my trip. Please can you advise me the best currency to use in India and how I go about purchasing it. Thank you for your help. C Burrell. Answer: Indian currency cannot be legally bought or sold abroad. You can exchange foreign currency at the airport or at most banks in India. Many hotels also provide currency exchange services but their exchange rates are not going to be in your favor. Most major cities have money exchangers now, especially in cities like Delhi where they provide a far better rate of exchange than banks. However banks are the safest bet when it comes to currency exchange for foreigners. Thomas cook and American express outlets are other options. You don't want any hassles and there is always a chance of getting fake currency in India. So it is best to stick with banks, American express or Thomas Cook for currency exchanges and get a receipt. When you exchange currency the bank receipt will allow you to reconvert the Indian Rupees you have left over when you leave India. So keep all money conversion receipts with you. If you have the time we would appreciate your feedback on your 'Golden Triangle Tour'. I host another website called Travel India Smart and would be glad to post any photographs or comments you may have regarding your India trip if you choose to share your experience with others. Good luck with your trip.
Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail. © Copyright 2006 Nriinformation.com
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43. Foreign Currency Exchange in

India

Question: I am visiting India in a few months. I will be going on the Golden Triangle tour. I have today been told that I cannot buy rupees in England and take them with me on my trip. Please can you advise me the best currency to use in India and how I go about purchasing it. Thank you for your help. C Burrell. Answer: Indian currency cannot be legally bought or sold abroad. You can exchange foreign currency at the airport or at most banks in India. Many hotels also provide currency exchange services but their exchange rates are not going to be in your favor. Most major cities have money exchangers now, especially in cities like Delhi where they provide a far better rate of exchange than banks. However banks are the safest bet when it comes to currency exchange for foreigners. Thomas cook and American express outlets are other options. You don't want any hassles and there is always a chance of getting fake currency in India. So it is best to stick with banks, American express or Thomas Cook for currency exchanges and get a receipt. When you exchange currency the bank receipt will allow you to reconvert the Indian Rupees you have left over when you leave India. So keep all money conversion receipts with you. If you have the time we would appreciate your feedback on your 'Golden Triangle Tour'. I host another website called Travel India Smart and would be glad to post any photographs or comments you may have regarding your India trip if you choose to share your experience with others. Good luck with your trip.
© Copyright 2006 Nriinformation.com
Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail.
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