5 ms·

Doh! I was in India earlier this year and forgot to change currencies on the way out. Any ideas for a US national holding 9 of the Rs500 notes?

manojlds 10y ago
May be they will arrange something at an embassy.
ncallaway 10y ago
Find a large currency exchange in the US and trade them for USD?
th0br0 10y ago
No can do. You're officially not allowed to remove rupees from India as far as I know: http://timesofindia.indiatimes.com/business/india-business/NRIs-foreigners-cant-leave-with-rupee/articleshow/22679752.cms http://timesofindia.indiatimes.com/business/india-business/N...
- callmeal 10y ago
  That article is from 2013. They changed the law in 2014 - you're allowed to carry up to Rs 25000 out of the country.
phhlho 10y ago
Same problem! I always hold some rupee notes so I have some cash on hand until I get to my hotel. My plan is to find a co-worker travelling there over the holidays and give them a good exchange rate to cash them in.
kc10 10y ago
You should be able to exchange it at currency exchange places like travelex.
callmeal 10y ago
If you can make a visit by Dec 31, you can get them exchanged at a bank or post office. You may need an account. Details of exchange are not clear.
- asenna 10y ago
  You can also get them exchanged at RBI offices by March 31st, 2017 [1] http://economictimes.indiatimes.com/news/politics-and-nation/in-an-attempt-to-curb-black-money-pm-narendra-modi-declares-rs-500-1000-notes-to-be-void-from-midnight/articleshow/55315932.cms http://economictimes.indiatimes.com/news/politics-and-nation...
mridulmalpani 10y ago
You can exchange your old notes anytime after Dec 30, from a RB branch nearest to you. You just have to give a self declaration for it.
0xmohit 10y ago
It'd not be unusual even for a resident to be out of the country for a few months. They now need to figure whether it makes more sense to let the cash lying turn worthless or make a trip to "exchange" it!

manojlds 10y ago

May be they will arrange something at an embassy.

ncallaway 10y ago

Find a large currency exchange in the US and trade them for USD?

th0br0 10y ago

No can do. You're officially not allowed to remove rupees from India as far as I know: http://timesofindia.indiatimes.com/business/india-business/NRIs-foreigners-cant-leave-with-rupee/articleshow/22679752.cms http://timesofindia.indiatimes.com/business/india-business/N...

callmeal 10y ago
That article is from 2013. They changed the law in 2014 - you're allowed to carry up to Rs 25000 out of the country.

phhlho 10y ago

Same problem! I always hold some rupee notes so I have some cash on hand until I get to my hotel. My plan is to find a co-worker travelling there over the holidays and give them a good exchange rate to cash them in.

kc10 10y ago

You should be able to exchange it at currency exchange places like travelex.

callmeal 10y ago

If you can make a visit by Dec 31, you can get them exchanged at a bank or post office. You may need an account. Details of exchange are not clear.

asenna 10y ago
You can also get them exchanged at RBI offices by March 31st, 2017 [1] http://economictimes.indiatimes.com/news/politics-and-nation/in-an-attempt-to-curb-black-money-pm-narendra-modi-declares-rs-500-1000-notes-to-be-void-from-midnight/articleshow/55315932.cms http://economictimes.indiatimes.com/news/politics-and-nation...

mridulmalpani 10y ago

You can exchange your old notes anytime after Dec 30, from a RB branch nearest to you. You just have to give a self declaration for it.

0xmohit 10y ago

It'd not be unusual even for a resident to be out of the country for a few months. They now need to figure whether it makes more sense to let the cash lying turn worthless or make a trip to "exchange" it!