The first step toward a smooth travel experience for travelers is to acquire local currency. It can be challenging to buy forex in a foreign country. Buying foreign exchange in a foreign country can sometimes be a significant hurdle, and it can certainly take the leisure out of your vacation. Nevertheless, RemitX strives to prevent that from happening. Obtaining foreign currency has never been easier and more convenient than it is today. With RemitX, you can buy foreign currency quickly and easily from anywhere in the world. It is no longer necessary to go to exchange counters at airports, trust forex touts and buy from unreliable sources. Using RemitX services, you can buy forex at the best exchange rates from the comfort of your home
How to buy your currency?
Using RemitX, the most trusted service online currency service providers in India you can purchase forex at the best rate by filling in the required information, choosing your desired currency, and completing the required fields.
With us, you won't have to worry about currency exchange! Furthermore, you can pick up the forex at your nearest RemitX branch or have it delivered to your doorstep. A variety of payment methods are available for you to use when buying currency online in India. In addition to saving your time, buying foreign exchange online with RemitX also saves your money. Essentially, we aim to provide top-notch facilities to all our customers to enhance their traveling and foreign exchange experience
Through RemitX's online forex buying service, getting foreign exchange is now extremely simple, convenient, and timesaving. As a result, you can now enjoy your leisure trip again. To get basic tips before purchasing foreign exchange, read our blogs. (CTA) Order your foreign exchange online today!
Why Choose RemitX to Buy Currency?
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Frequently Asked Questions
Travelers going to all countries other than (a) (b) and (c) below are allowed to purchase foreign currency notes / coins only up to USD 3000 or equivalent per visit. Balance amount can be carried in the form of store value cards.
Exceptions to this are:
- Travelers proceeding to Iraq and Libya can draw foreign exchange in the form of foreign currency notes and coins not exceeding USD 5000 or its equivalent per visit;
- Travelers proceeding to the Islamic Republic of Iran, Russian Federation and other Republics of Commonwealth of Independent States can draw entire foreign exchange (up-to USD 2,50,000 or equivalent) in the form of foreign currency notes or coins;
- For travelers proceeding for Haj/ Umar pilgrimage, full amount of entitlement (USD 250,000 or equivalent) in cash or up to the cash limit as specified by the Haj Committee of India, may be carried
A resident Indian can take Indian rupee outside India (other than to Nepal, Bhutan, Pakistan, and Bangladesh) as currency notes up to an amount not exceeding Rs. 25,000 per person.
Indian residents who travel to Pakistan and/or Bangladesh on a temporary visit may bring into India currency notes up to an amount not exceeding Rs. 10,000 per person.
A foreign exchange purchase can be made from an authorized person in cash for below Rs. 50,000/-. Nevertheless, if the amount of foreign exchange sold exceeds Rs 50,000/-, the entire payment must be made by a crossed cheque, RTGS/NEFT drawn on the applicant's bank account.
Yes, you can add multiple currencies & products you wish to purchase in one order. You will just need to add the currency/product in the order cart of RemitX portal and proceed to checkout.
One can encash foreign currency for any amount. If the amount is exceeding USD 5000 or equivalent, one will have to produce a CDF (Currency Declaration Form).
Form A2, application cum declaration, copy of a valid Passport, copy of PAN, current address proof, confirmed return air ticket, Visa (if available) otherwise declaration on the same are required for buying foreign currency.
Permissible foreign exchange can be drawn 60 days in advance. In case it is not possible to use the foreign exchange within the period of 60 days, it should be immediately surrendered.
The amount of currency notes may be purchased by a traveler proceeding to Iraq and Libya, up to not exceeding USD 5,000 or its equivalent in a year (total USD 2,50,000 or its equivalent). For traveler’s going to Iran, the Russian Federation and other Republics of Commonwealth of Independent States, the entire exchange (USD 2,50,000 or its equivalent) can be released in the form of currency notes. Travelers travelling by land to Pakistan, Bangladesh or Myanmar are eligible to taker currency up to USD 2,50,000 or its equivalent each financial year. In case traveler has exhausted the limit of USD 2,50,000 or equivalent in one financial year, the traveler can approach nearest office of Reserve Bank of India and obtain approval to carry foreign exchange over and above the limit.
A person going abroad on emigration can take foreign exchange from AD Category I (bank) and AD Category II forex provides for up to the amount prescribed by the country of emigration or USD 2,50,000.