Re:India's demonetisation of Rs. 500 and Rs. 1000 notes
by callahad on Tuesday November 08, 2016 @10:54AM
(#12901200)
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?
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Re:India's demonetisation of Rs. 500 and Rs. 1000 notes
by th0br0 on Tuesday November 08, 2016 @11:04AM
(#12901299)
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/N...
Re:India's demonetisation of Rs. 500 and Rs. 1000 notes
by callmeal on Tuesday November 08, 2016 @12:42PM
(#12902271)
That article is from 2013. They changed the law in 2014 - you're allowed to carry up to Rs 25000 out of the country.
Re:India's demonetisation of Rs. 500 and Rs. 1000 notes
by phhlho on Tuesday November 08, 2016 @11:49AM
(#12901751)
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.
Re:India's demonetisation of Rs. 500 and Rs. 1000 notes
by 0xmohit on Tuesday November 08, 2016 @04:38PM
(#12904170)
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!
Re:India's demonetisation of Rs. 500 and Rs. 1000 notes
by ncallaway on Tuesday November 08, 2016 @10:58AM
(#12901245)
Find a large currency exchange in the US and trade them for USD?
Re:India's demonetisation of Rs. 500 and Rs. 1000 notes
by callmeal on Tuesday November 08, 2016 @12:43PM
(#12902283)
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.
Re:India's demonetisation of Rs. 500 and Rs. 1000 notes
by asenna on Tuesday November 08, 2016 @03:07PM
(#12903492)
You can also get them exchanged at RBI offices by March 31st, 2017 [1]
http://economictimes.indiatimes.com/news/politics-and-nation...
Re:India's demonetisation of Rs. 500 and Rs. 1000 notes
by mridulmalpani on Tuesday November 08, 2016 @02:18PM
(#12903104)
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.