How much foreign currency can be carried for trips abroad?
It depends on the purpose of the visit. For leisure trips, one is allowed to carry up to $10,000 (Rs 550,000) per financial year. Those travelling for a business purpose can carry $25,000 (Rs 13,75,000) on each visit, irrespective of the number of times or days one travels for. Patients and students are allowed to carry $100,000 (Rs 55,00,000).
Are there any further restrictions?
These norms might not hold true for all nations. Currency limit is lower for leisure and business trips to Nepal and Bhutan. Travellers are allowed to carry more in cash while visiting Iraq and Libya ($5,000 or Rs 275,000). Those going to Iran and Russia can take the entire amount in cash.
It depends on the purpose of the visit. For leisure trips, one is allowed to carry up to $10,000 (Rs 550,000) per financial year. Those travelling for a business purpose can carry $25,000 (Rs 13,75,000) on each visit, irrespective of the number of times or days one travels for. Patients and students are allowed to carry $100,000 (Rs 55,00,000).
Are there any further restrictions?
These norms might not hold true for all nations. Currency limit is lower for leisure and business trips to Nepal and Bhutan. Travellers are allowed to carry more in cash while visiting Iraq and Libya ($5,000 or Rs 275,000). Those going to Iran and Russia can take the entire amount in cash.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%