TravelSpider is one of the best foreign exchange companies in Delhi NCR which deals in money exchange service in Delhi.
Foreign Exchange is one of the most critical requirements for a traveler. We are the licensed money changers in Delhi and can cater to any foreign exchange requirement within 2-3 hours of the request.
Basic Travel Quota
With effect from June 1, 2000 resident Indian citizens including infants are allowed to receive Foreign Exchange not exceeding US $10,000 or its equivalent in aggregate, in one calendar year for one or more personal visits abroad (except to Nepal and Bhutan) as against the quantum of exchange allowed under BTQ (para 10 of FLM).
Forex under Business Visits
The traveler is required to produce a letter in duplicate from the sponsoring firm / company / organization or by himself / herself in the case falling under (c) above. The letter should cover the following points:
In case requested as Special Allowance, the required documents are indicated below:
The letter should include declaration that the traveler is a Chief / Senior Executive in their organization (indicating his / her designation) and that he / she is entitled to draw exchange at the Special Scale as per the rules of the organization. The original letter and duplicate should be retained for your records.
Quantum Of Exchange
Maximum of US $ 25000 on an general Scale up to US $ 350 per day or Special Scale for Chief / Senior Executives like Chairman, Managing / Executive Director, etc is up to US $ 500 per day
Letter in duplicate from the sponsoring Firm / Company / Organization covering the following points:
In case requested of Special Allowance the required documents are indicated below:
Quantum Of Exchange
Up to US $ 300 per day per person for a period.
Business Visits against Foreign Hospitality
Letter in duplicate covering following points:
Quantum of Exchange
Up to US $ 500 if the visit is for a period not exceeding 10 days. If the period of visit exceeds 10 days, US $ 50 per day up to a maximum period of 45 days.
I am delighted with the quality of service and attention I get from TravelSpider. It takes the hassle out of travel. I rate their service a 9 out of 10. - Barun Aggarwal (CEO, BreatheEasy Consultants Pvt. Ltd.)
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