Travel Money

If you have travel plans to have fun in foreign destinations, then it is extremely important to have foreign currency in your hand, otherwise you will have a tough time even surviving abroad. It is possible to make purchases with a debit or a credit card, but there is a risk of getting your money wasted on foreign fees. One solution to this problem is by getting hard cash through the means of foreign currency exchange . There are many ways how you can save when doing foreign currency exchange . Some of them are by avoiding currency exchange at airports, by avoiding withdrawal of currency, and by buying currency online. Ways to Save When Exchanging Foreign Currency: ·       One of the best ways to save when exchanging foreign currency is by avoiding exchange at airports. If you have not ordered cash online, then it is better to make last minute withdrawals from a local bank or money exchange stores near you in your hom...

Planning on a foreign holiday and making arrangements? You must have wondered about forex currency exchange by now. Are you wondering whether to buy foreign currency notes but don’t know how to go about it? Read on for a guide on what are the international currency exchange rules that apply in India as per the Reserve Bank of India (RBI), before you get currency exchange. How much can you carry? If you are travelling to any foreign country, you can seek forex currency exchange of up to US $2,50,000 from an authorised dealer in one financial year. This applies to business or leisure travel, emigration, education or even employment. You could be visiting a country for a seminar, training, study tour, and you would be treated as a business traveller. If you plan a private visit to a foreign country for tourism, you will still be able to draw up to US $2,50,000 for a financial year for your visits abroad, irrespective of the ...