Foreign Exchange

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Sell Forex Online

Forex exchange, also known as Forex, refers to converting one currency into another currency. If you are a foreign traveller, an NRI, or an Indian with foreign currency from a previous trip abroad, we may assist you in exchanging your foreign currency for Indian rupees or withdrawing the remaining balance on your forex card.

How To Sell Forex Online?

Gone are the days of the cumbersome process of selling Forex online. Prune has revolutionised the game with cutting-edge online forex buying and selling services.

Visit Prune: Visit or download the app to sell foreign currency online at the best exchange rate.

Add Details: Fill in all the required fields. Prune handles everything from foreign currency, and forex cards, to traveller’s checks with ease.

Collection: Get your currency collected at home and say goodbye to the stress and frustration of traditional forex selling, and try Prune today!

What Documents Do I Need To Exchange Currency In India?

To exchange currency in India, you typically need to provide the following documents:

Photo ID: A government-issued photo ID such as a PAN card, Aadhaar card, or driving license. For transactions above Rs. 25000, you need a Passport.

Address proof : A document that verifies your residential address, such as a utility bill, bank statement, or passport.

Purpose of travel: If you are exchanging currency for travel purposes, you may need to provide a copy of your ticket and visa.

Proof of funds: If you’re exchanging a significant amount, you may need to provide evidence of the source of the funds.

How Much Foreign Money Can I Keep In India?

As per current regulations, residents can retain up to $5,000 worth of foreign currency per financial year, provided they have declared it to the Reserve Bank of India (RBI) upon arrival.

What Are The Individual Foreign Exchange Limitations In India?

The individual foreign exchange limitations in India are as follows:

Travel Abroad: Indian residents can take up to $250,000 per financial year for personal travel abroad. If you require more, you must obtain prior approval from the Reserve Bank of India (RBI).

Money Transfers to Other Countries: Indian residents can send up to $250,000 annually for gifts, maintenance of close relatives abroad, and studies abroad.

Returning to India: Residents returning to India can bring in an unlimited amount of foreign currency, provided they have declared it to the RBI at the time of arrival.

Why Sell Forex With Prune?

Selling currency with Prune is easy! Here's how you can benefit:

Convenience: Selling Forex with Prune is easy and convenient as it can be done from the comfort of your home through the Prune website or app.

Best Rates: Prune offers you the best forex rates, ensuring you get the most out of your money by using a currency converter.

Doorstep Collection: Prune sends its executives to collect the foreign currency at your door, making the entire process hassle-free. Also, the whole process is safe and secure.

Easy Transactions: The forex currency selling process with Prune is simple, requiring only a few clicks.

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