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Home   »  Foreign Exchange and Money Transfer In India

foreign exchange and money transfer in india

Ritco ToursWe are one of the few leading travel agents in India who are authorized as “Full Fledged Money Changers”- hence we stock Traveller’s Cheques and Cash, in all major currencies at our premises. As a part of our service package, we also provide our clients with doorstep delivery of the same.

There are no restrictions on the amount of foreign currency or travelers' checks a tourist may bring into India provided he makes a declaration in the Currency Declaration Form given to him/her on arrival. This will enable him not only to exchange the currency brought in, but also to take the unspent currency out of India on departure. Cash, bank notes and travelers' checks up to US$ 10,000 or equivalent, need not be declared at the time of entry. Any money on the form of travelers' checks, drafts, bills, checks, etc. in convertible currencies, which tourists wish to convert into Indian currency, should be exchanged only through authorized money changers (which we are) and banks who will issue an encashment certificate that is required at the time of reconversion of any unspent money into foreign currency. Exchanging of foreign exchange other than through banks or authorized money changers is an offense under the Foreign Exchange Regulations Act 1973.

Our money transfer service is a fast, convenient and easy way to exchange money. While other money transfer (currency exchange) services can take days, or even weeks, our money transfer service is almost instantly and safely done. So if you need exchange your money quickly, conveniently and securely, we are your best option.














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