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If I am visiting India, can I use travellers cheques or currency to open an account or credit my existing NRE Account?

April 26, 2017account cheques credit currency existing India NRE travellers visiting

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If I am visiting India, can I use travellers cheques or currency to open an account or credit my existing NRE Account?

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Travellers cheques can be used to credit/open the account. If you are bringing foreign currency notes & travellers cheques, you 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 opening/credit to an account.