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Time frame for Traveller who returned to India to surrender foreign exchange

Question:

Is there any time-frame for a traveller who has returned to India to surrender foreign exchange?

Answer:

On return from a foreign trip, travellers are required to surrender unspent foreign exchange held in the form of currency notes and travellers cheques within 180 days of return.

However, they are free to retain foreign exchange up to USD 2,000, in the form of foreign currency notes or TCs for future use or credit to their Resident Foreign Currency (Domestic) [RFC (Domestic)] Accounts.



Ref: RBI

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