March 30, 2024
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March 30, 2024
March 30, 2024
October 19, 2024
Buy, Sell, Transfer your forex with us
Do you have leftover currency from your international trip and have no idea how to sell it? You’ve come to the right platform. We offer a seamless and secure forex selling experience that you can enjoy from the comfort of your home.
When individuals travel to a foreign country, they often acquire local currency for their expenses. However, upon returning to their home country, they may find themselves with leftover foreign currency. In such cases, the unspent currency needs to be converted back into their domestic currency. This process is called “selling forex”. And that’s where we step in. At Prune, we offer competitive exchange rates, fast and secure transactions, and multiple payment options to make selling forex as easy and convenient as possible.
The Foreign Exchange Management Act, 1999 (FEMA) and the Foreign Exchange Management (Possession and Retention of Foreign Currency) Regulations, 2015 (the Regulations) govern the possession and retention of foreign currency in India. The Regulations provide for the following limits on the possession and retention of foreign currency by a resident of India:.
This limit applies to all people resident in India, including citizens, non-citizens, and minors. The limit applies to the aggregate amount of foreign currency notes, bank notes and foreign currency travellers' cheques that a person may possess and retain at any given time.
Selling forex with Prune offers numerous benefits that make the process easy and convenient:
To exchange currency in India, you typically need to provide the following documents: