If you are living outside India and you want to exchange you Indian Currency of 500, 1000 Rupee Note that you have in the USA, Canada, UK, Malaysia, Singapore or any other foreign country then –
Exchange 500, 1000 Rupees Indian Note in the USA, Canada, UK
In a press release, the statement says, “For those who are incapable of exchanging their 500 and 1000 Notes or depositing the same in their bank accounts on or before December 30, 2016, an opportunity will be given to them to do so at specified RBI offices on later dates along with required documentation as may be specified by the Reserve Bank of India.”
Not Applicable Everywhere – 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.
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.
Still, you are facing problem then you have to visit India or any of your family member, friends, relatives before 31st March 2016 to exchange your cash from Old Currency to New Currency.
Today, 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.
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