KAPNOX, Foreign Exchange & Money Changers, Reserve Bank of India Guidelines for Liesure Travellers
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PERSONAL VISIT


As per the Reserve Bank of India statutes the leisure traveller can avail of foreign currency notes, travellers cheques and prepaid travel currency cards up to US$ 10,000/- or its equivalent, during a single calendar year. Since KAPNOX FOREX stocks notes, travellers cheques and prepaid travel currency cards in various currencies and in various denominations, the leisure traveller can avail of his/her choice of multiple currencies to make travel easier and even more leisurely.


Reserve Bank of India Statutes

Eligibility
- Resident Indians
- Foreign Nationals permanently resident in India

Quantum of exchange
Up to a maximum of USD 10,000 or its equivalent in a Financial Year.
Currency component maximum of USD 3000 (May 04 Notif (ication) equivalent per visit.

Documents
Resident Indian
- Basic Travel Quota form – available with Kapnox Forex. 
- Valid original Indian Passport
- Copy of Air Ticket
Foreign Nationals
- In addition to above documents:
- Declaration for not availing facilities by way of remittance in Foreign Currency & in terms of FEMA regulations.
- Copy of residential permit.





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The following form may be forwarded to us along with your passport and ticket

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