Money Transfer to India / Remittance On Collection Basis
We handle following instruments on collection basis from our customers:
We have tie up arrangement with following Exchnage Houses in UAE
Al Ansari Exchange LLC, Abudhabi, UAE.
UAE Exchange Centre LLC, Abu Dhabi, UAE.
Lulu International Exchange LLC, Abu Dhabi, UAE.
During your personal visit you may tender foreign currency CASH and/or Travellers cheques. (As per Reserve Bank of India guidelines, you are allowed to carry without Customs declaration amounts in Cash component up to USD 5000/-(or equivalent in other foreign currencies) along with travellers cheques with the sum total of the two aggregating USD 10,000/- or equivalent in other foreign currencies).
These limits are for each NRI visiting India. However, you may bring in any amount after declaring at the customs counter in Currency Declaration Form (CDF) signed by Customs Official.