What Foreigners can do to exchange Rs. 500 and Rs. 1000 notes? : The sudden announcement of the pulling out of the highest currency notes of the India has caused a massive turmoil in the country. With the voices are raising for the circumstances of the sudden ban of the Rs. 500 and Rs. 1000 notes. There have been numbers of worries regarding the common people of India and how they will survive in this week.However, we are forgetting about the concern of those people who visits India as a tourist and are carrying the notes of Rs. 500 and Rs. 1000. India has been a country where tourist does come to a great population irrespective of the seasons.
It must be a concern for the tourists who had landed in India just before two days and converted their local currency into the Indian INRm most probably into the Rs. 500 and Rs. 1000 notes.
Well, if you are a tourist and carrying the banned notes, then there is no need to worry as the Indian government has provided the facility for the tourist to change the notes. You just needs to visit the airport exchange counters within 72 hours after the notification and can exchange the cash around Rs. 5000.
Meanwhile, the RBI has introduced the new notes of Rs. 500 and the brand new note of Rs. 2000 and these two will replace the old notes of Rs. 500 and Rs. 1000. The decision has been taken for tackling the multiple problems and terrorism, and black money are the two core significant reason behind taking this massive decision.
However, people can still use the Rs.f Rs 1, 2, 5, 10, and even coins are valid in the India. Also, one is free to make online payment as the net banking will not affect from the pulling out of Rs. 500 and Rs. 1000 notes.