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Can I deposit foreign currency travelers cheques / cash, when Im visiting India?

April 26, 2017cash cheques currency deposit foreign India traveler visiting

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Can I deposit foreign currency travelers cheques / cash, when Im visiting India?

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Travellers Cheques can be used to credit the account. NRIs bringing Foreign Currency Notes & Travellers Cheques will have to submit a Currency Declaration Form (CDF) to the customs authorities on arrival in India if the foreign currency notes exceed USD 5,000/- or Travellers Cheques and notes exceed USD 10,000/-. You must produce the CDF for endorsement by the bank when you submit the money for credit to an account.