Planning a trip abroad? Currency regulations can be a hidden hurdle. Many countries restrict the amount of cash foreign visitors can carry. These limitations help fight financial crimes and maintain a stable monetary system. Here is a quick guide for Indian travellers to avoid cash woes at popular destinations:
European Union
Heading to Paris for a leisurely walk, a gondola ride in Venice, or dancing at a fiesta in Spain? France, Italy, Spain, and Germany, popular European hotspots, all have €10,000 cash limit. Packing more Euros? Declare it upon arrival, but you might need prior approval.
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United States
If you travel to the USA from India, please note that the Reserve Bank of India (RBI) permits a maximum of USD 3,000 in cash. For larger sums, opt for more convenient options like traveler’s cheques, bank transfers, or cards for your financial needs in the USA.
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Canada
Canada, a top pick for Indian immigration and tourism, has a CAD 10,000 cash limit. Exceeding this amount could lead to confiscation by authorities.
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Thailand
Thailand, a tourism powerhouse with tourism revenue accounting for roughly 18% of GDP, also has a cap on cash that visitors can bring into the country. Solo travellers can carry THB 10,000, families up to THB 20,000, with a total limit of THB 50,000.
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United Kingdom
The UK imposes a GBP 10,000 cash restriction for solo travellers and groups. Declare this amount upon entry, or face potential penalties for exceeding it.
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Australia
Down Under, Australia allows AUD 10,000 as cash for foreign visitors. Travellers carrying more require special permission. Avoid unnecessary hassle and check the regulations before you pack your bags.
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Nepal
Nepal, a popular destination for Indian tourists, allows visitors to carry up to NPR 25,000 in cash. Notably, denominations exceeding NPR 100 are prohibited.
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Bhutan
Dreaming of snapping a photo at the iconic Tiger’s Nest monastery in Bhutan? Forget fat stacks of cash in Bhutan. While you can use Indian rupees freely, leave the high-value notes (INR 500 and above) at home.
The Bhutanese Ngultrum is nearly equivalent to the Indian Rupee. This restriction aims to prevent confusion regarding exchange rates.
Dubai
Dubai restricts cash carried by foreign travellers to curb illegal financial activities. Indian visitors can carry up to AED 100,000. Amounts exceeding this limit must be declared to the authorities.
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Travel Tip
Remember, while cash limitations exist, digital transactions offer a reliable alternative. To avoid any hassles, always verify the latest cash carry limits with your destination country before you travel. Knowledge is power; in this case, it can save you from a financial headache!
