Hello Veronique 😊
As far as I know, you are only allowed to take a certain amount of Rupees out of Inida, but they never checked how much I was taking out of the country on any of my trips to India.
Mel
Reply to this I've heard someone say somewhere they bought some from Amsterdam airport and were told it was ok to take them in, but I've also heard you're not allowed to.
Ok that doesn't helpmuch does it! Sorry.
Like Mel says though, it's highly unlikely you'd get checked...but don't quote me on that.
I plan on taking a credit card and some travellers cheques.
Reply to this Be careful where you use your credit card in India. Credit card fraud is a concern there.
Reply to this Hi Veronique.
According to Wikipedia: Legally, foreign nationals are forbidden from importing or exporting rupees, while Indian nationals can import and export only up to 5000 rupees at a time, and the possession of 500 and 1000 rupee notes in Nepal is prohibited. IATA confirms that, while there's no limit on the amount of foreign currency you can take in or out, import and export of Rupees is prohibited (with a few minor exceptions). In effect, this means that you can't buy or sell Rupees except in India.
Some years ago, one was required to complete a detailed financial declaration when entering or leaving India but that seems to have gone by the board, as does the black market in USD and GBP. I've visited the country three or four times recently and never once been asked by Customs about currency, Indian or otherwise. Oh, and I still have quite a few Rupee notes for next time!
Use a credit card only as a last resort. When changing travellers cheques, avoid hotel receptions and go to a travel agency or exchange bureau and haggle to get the best rate (e.g. enquire about the rate for changing a small cheque, then ask for a better rate to change a larger amount - they always have room to move up a Rupee or two).
Keep smiling!
Mike
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