$$ issues

milkyway · Oct 24th, 2003, 01:06

I will be bringing about 5,ooo to live on and I was wondering the best way to bring it and carry it around.
traveller's cheques,
cash,
keep in a canadian bank account?

Also what is the policy on bringing money into and out of India (how much, where to exchange etc.)

pooch · Oct 24th, 2003, 11:50

If possible bring Euros. I got a paltry Rs. 43.30 per USD at Thomas Cook the other day while the market rate is in the region of 45.35. You wouldn't need to declare $5000 at customs but converting at least $3000 officially if your stay exceeds 3 months and keeping the receipts till departure will help you with railway bookings, hotel reservations etc. A combination of both cash and TCs (a Visa card obviosuly a plus) is what most tourists bring in.

Oct 24th, 2003, 01:06	#1
milkyway Member Join Date: Oct 2003 Location: Canada Posts: 24	$$ issues I will be bringing about 5,ooo to live on and I was wondering the best way to bring it and carry it around. traveller's cheques, cash, keep in a canadian bank account? Also what is the policy on bringing money into and out of India (how much, where to exchange etc.) __________________ it's hip on the mothership

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Oct 24th, 2003, 11:50	#2
pooch Senior Member Join Date: Jan 2002 Location: Middle East <---->India Posts: 384	If possible bring Euros. I got a paltry Rs. 43.30 per USD at Thomas Cook the other day while the market rate is in the region of 45.35. You wouldn't need to declare $5000 at customs but converting at least $3000 officially if your stay exceeds 3 months and keeping the receipts till departure will help you with railway bookings, hotel reservations etc. A combination of both cash and TCs (a Visa card obviosuly a plus) is what most tourists bring in.

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