How much cash can I carry while travelling from India to Poland?
I am going to travel from India to Poland.
I have a travel card, but what's the limit of cash that I can carry?
Best Answer
There is a limit, though I am surprised by Mumbai Custom website wordings. In the same website if you scroll down you will see limits on hard currency you can carry.
Travellers are allowed to purchase foreign currency notes/coins only up to US$ 2000. Balance amount can be taken in the form of traveller’s cheque or banker’s draft. Exceptions to this are (a) travellers proceeding to Iraq and Libya can draw foreign exchange in the form of foreign currency notes and coins not exceeding US$ 5000 or its equivalent; (b) travellers proceeding to the Islamic Republic of Iran, Russian Federation and other Republics of Commonwealth of Independent States can draw entire foreign exchange released in form of foreign currency notes or coins.
As a Tourist, this is a total limit
In connection with private visits abroad, viz., for tourism purposes, etc., foreign exchange up to US$10,000, in any one calendar year may be obtained from an authorised dealer. The ceiling of US$10,000 is applicable in aggregate and foreign exchange may be obtained for one or more than one visits provided the aggregate foreign exchange availed of in one calendar year does not exceed the prescribed ceiling of US$10,000 {The facility was earlier called B.T.Q or F.T.S.}. This US$10,000 (BTQ) can be availed of by a person alongwith foreign exchange for travel abroad for any purpose, including for employment or immigration or studies. However, no foreign exchange is available for visit to Nepal and/or Bhutan for any purpose.
For Business Travel
Authorised dealers can release foreign exchange up to US$25,000 for a business trip to any country other than Nepal and Bhutan. Release of foreign exchange exceeding US$25,000 for a travel abroad (other than Nepal and Bhutan) for business purposes, irrespective of period of stay, requires prior permission from Reserve Bank. Visits in connection with attending of an international conference, seminar, specialised training, study tour, apprentice training, etc., are treated as business visits. Visit abroad for medical treatment and/or check up also falls within this category.
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How much cash can I carry to Poland?
There's no limit to the amount of foreign cash you can bring with you to Poland, but if you're carrying more than the foreign currency equivalent of 10,000 and you're entering Poland from a non-EU member state, you must declare your cash.How much cash can you carry from India to Europe?
And if you are wondering how many Indian rupees you can carry while travelling abroad, it is Rs 25000 per year. It is also important to note that the total amount of foreign currency taken abroad from India for business purposes is US $ 2,50,000 per financial year.How much cash can an Indian carry abroad?
How much forex can you carry when going abroad? While going abroad, Indian residents can carry an unlimited amount of foreign currency subject to filing of declaration form in case of condition of $5000 or $10000 prescribed and also it has to be purchased/issued by RBI approved foreign exchange dealers as per norms.How much cash can you carry to Europe?
How much cash can you carry? Travellers are allowed to purchase foreign currency notes / coins only up to $3000 per visit. Balance amount can be carried in the form of store value cards, travellers cheque or banker's draft.How Much foreign Currency a foreign traveler can bring in India and bring out of India?
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Answer 2
In fact both, the Custom Department and RBI are correct. Passengers visits for different purposes. So they are entitled to different amount of foreign exchange. Foreign exchange can only be purchased from authorised persons. So there may be any amount. However specifically for tourism only US$ 10000 can be taken in a calendar year.
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