Foreign Exchange
- As a Reserve bank of India Authorized Full-fledged Money changer Flexi Forex can release Foreign Exchange for the following purposes:
- Private Visit/Basic Travel Quota (BTQ).
- A Maximum amount of USD 10,000 or its equivalent can be drawn by a leisure traveler in the form of
currency notes, traveler’s cheques or prepaid travel cards during a single financial year.
- Business Travel (LERMS)
- A Maximum amount of USD 25,000 or its equivalent can be drawn by a business traveler in the form of
currency notes, traveler’s cheques or prepaid travel cards on Every Business Trip!!!
Payment terms:
- Foreign Exchange can be availed against payments by Cash, Cheque or Pay Order/ Demand Draft. A
maximum of Rs. 50,000/- (as per Indian Tax Laws) will be accepted in cash and any amount above Rs.
49,999/-, against a Pay Order or Cheque after clearance of the same. You need to carry the required
Documentary Proof for issuance of Foreign Exchange.
- Please contact Flexi Forex branch for documentation.