Passenger Details :

1. Valid Passport ID Page and Address Page.
2. Confirmed Air Ticket with return.
3. LRS – Application cum Declaration
4. Pan Card
5. Valid Visa (Exempted upon Visa on Arrival Nations).

Company Documents :

1. Proprietor Pan Card.
2. Current Business Trade License.
3. Current Electricity Biil/Telephone Bill/Bank Statement.
4. Specified Authorized Signatory on Company Letterhead.
5. ID Copies of Authorized Signatory.
6. GST Certificate.
7. Specified Business Travel Declaration on Company Letterhead.

Passenger Details :

1. Valid Passport ID Page and Address Page.
2. Confirmed Air Ticket with return.
3. Pan Card
4. Valid Visa (Exempted upon Visa on Arrival Nations).

1. Company Pan Card.
2. Company Partnership Deed.
3. Current Business Trade License.
4. Current Electricity Biil/Telephone Bill/Bank Statement.
5. Specified Authorized Signatory on Company Letterhead.
6. ID Copies of Authorized Signatory.
7. ID Copies of Partners.
8. GST Certificate.
9. Specified Business Travel Declaration on Company Letterhead.

Passenger Details :

1. Valid Passport ID Page and Address Page.
2. Confirmed Air Ticket with return.
3. Pan Card
4. Valid Visa (Exempted upon Visa on Arrival Nations).

1. Company Pan Card.
2. Company MOA,AOA,Certificate of Incorporation.
3. Current Business Trade License.
4. Current Electricity Biil/Telephone Bill/Bank Statement.
5. Specified Authorized Signatory on Company Letterhead.
6. ID Copies of Authorized Signatory.
7. ID Copies of Partners.
8. GST Certificate.
9. Specified Business Travel Declaration on Company Letterhead.

Passenger Details :

1. Valid Passport ID Page and Address Page.
2. Confirmed Air Ticket with return.
3. Pan Card
4. Valid Visa (Exempted upon Visa on Arrival Nations).

Mode of Release of Foreign Exchange:-

1. Maximum of USD 3000/- or equivalent, in foreign currency notes for Individual travel.
2. Not exceeding USD 5000/- in foreign currency notes for persons travelling to Iraq / Libya.
3. Entire entitlement may be released in foreign currency notes for travel to Russia, CIS* or Iran.FX can be purchased in a combination of Currency Notes, Prepaid Forex Cards subject to proper documents/supporting.
4. Not exceeding USD 250K (USD DOLLARS TWO HUNDRED FIFTY THOUSAND) for the financial year for the organization and for all business visits including conferences, seminars, specialized training, fairs, exhibition and personal visits / No INR Cash transactions at all.

Mode of Payment:-

Cash Payment may be accepted only if the face value of transaction does not exceed Rs. 49,999/-
If the customer does not have a PAN Card/PAN No. at all (not issued to him/her), then only should a Form 60 be filled in. Please check Income Tax website.
Bank Transfers , UPI Payment where the Rupee equivalent exceeds Rs. 49,999/- by debit to the account

*CIS Countries = Ukraine, Kazakhstan, Belarus, Azerbaijan, Uzbekistan, Turkmenistan, Armenia, Tajikistan, Kyrgyzstan and Moldova.

** NOTE: – In the case of Cheques received from Customers the following policy norms would apply: –

In case of all casual customers (walk-in-customers) exchange should be released only after clearance of the cheque and confirmation of credit to our bank account is obtained.

*Release of foreign exchange for visits to Nepal and Bhutan are not permitted by the RBI.

*Foreign Exchange should not be released in the form of Prepaid Forex Travel Card to NRIs and Foreign Nationals.

What are the Documents needed for Selling Foreign Exchange By a Individual Customer ?

Passenger Details :

1. Valid Passport ID Page and Address Page.
2. Pan Card

General guidelines of Foreign Exchange Transaction :