Is there any specific RBI Regulation for bringing in foreign currency travellers cheques into India?
RBI has granted general permission to any person to bring foreign currency into India from any place outside India without limit. However, they have indicated certain limits in excess of which a person has to declare the foreign currency brought into the country to the Customs Authorities on arrival.
Related Questions
- Can proceeds of foreign currency notes/ travellers cheques brought by NRIs during their visit to India be credited to their NRE accounts without any restriction?
- Are there any RBI Regulations governing changing foreign currency travellers cheques to Indian Rupees by tourists or NRIs?
- Is there any specific RBI Regulation for bringing in foreign currency travellers cheques into India?
