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Exchange 500, 1000 Indian Notes in UK, Dubai, UAE, Australia, Japan {Abroad India} | What can NRIs Do?

Exchange 500, 1000 Rupees Indian Notes (Currency) in the United Kingdom (UK), Australia (Aus), Dubai, Japan, United Arab Emirates (UAE). What can NRIs do with 500, 1000 Notes?

NRIs Exchange 500 and 1000 Notes Abroad India {UK, USA, AUS, Dubai, Japan, UAE}

Indian Prime Minister Narendra Modi announced on 8th November that the notes of notes of 500 and 1000 are banned from midnight of 8th November and a proposition for new 500 and 2,000 rupee notes have been cleared by the Reserve Bank of India.

There is certain questions or doubt in the mind of NRIs (Non-Resident India) who are living in UK, USA, Aus, Dubai, Japan, UAE, Malaysia or abroad India. what to do or how to convert Rs 500 and Rs 1000 Indian Notes.

Airports have foreign money exchange stations (currency exchange), which will accept the 500 and 1000 Rupee notes until December 30th, 2016. So, if you have any Indian money (Rupees) that you carried with you in change lying around, go to the nearest Airport (or any legal money exchange centers) and get them converted to the local currency before it is too late.

Exchange Indian Note 500, 1000 abroad India, USA, UK, Aus, Japan

Also, when you go to the money exchange center, make sure you carry a valid ID. You cannot get foreign money exchange done without a valid ID (passport, Driving license etc). A question is If I am an NRI and hold NRO account, can the exchange value be deposited in my account? Yes, you can deposit the Specified banknotes to your NRO account.

NRI could deposit Indian currency in local SBI at their country supporting with passport copy (or) these can be changed at RBI with a declaration tourists can change the notes at airports. Time limit up to 31 march 2017. Best Way to send all the money you have to someone in India (or your own NRE/NRI/NRO account) using a remittance service from your country. You will have to go to their local outlet to convert the money, though.

Best Way to send all the money you have to someone in India (or your own NRE/NRI/NRO account) using a remittance service from your country. You will have to go to their local outlet to convert the money, though. Still, you are facing problem then you have to wait for the Indian Government and RBI next announcement regarding this. Be patient, there is a lot of time.

Indian Prime Minister Narender Modi announced that the notes of 1000 and 500 are banned in India from 8th November 2016 midnight. The new note of 500 will be available in the market from 10th or 11th of November and the note of 2000 will be available soon in the banks and ATM.

Yes, Indian Prime Minister N. Modi announced today the stopping of 500 and 1000 Rupees note because the cycle of fake notes in India is increasing day by day and this is the strong step towards black money.

Still, you are facing problem then you have to wait for the Indian Government and RBI next announcement regarding this. Be patient, there is a lot of time.

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