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You are here: Personal Banking > Forex & Trade Services > Forex Limits         

Forex Services
Overview
Forex Services
Retail Foreign Exchange Sale Limits at a glance.

Purpose Limit Documentation
Basic Travel Quota (BTQ) - For Holidays, Personal vists etc
USD $10,000.00 per financial year
Application Form, Form A2 and Self Declaration
Business Travel
USD $25,000.00 per Trip
Application Form with authorisation from the Company, Form A2, Letter from the Company stating that the employee is going abroad on business with details of places of stay
Immigration - For people who settle abroad in countries like Canada, New Zealand etc.
USD $100,000.00 per year
Application Form, Form A2 and Self Declaration
Employment Abroad - For a person who is going to work abroad
USD $100,000.00 per year
Application Form, Form A2 and Self Declaration
Medical Treatment - For people who are travelling abroad for treatment
USD $100,000.00 per year
Application Form, Form A2 and Self Declaration
Studies Abroad - For students pursuing studies abroad
USD $100,000.00 per academic year
Application Form, Form A2 and Self Declaration
Maintenance of close relatives abroad
USD $100,000.00 per year
Application Form, Form A2 and Self Declaration
Investments overseas in shares, property, Gifts & Donations etc (under liberalised remittance sche me only)
USD 200,000/- per financial year
Application form, Declaration for purchase of foreign exchange under the liberalised remittance scheme of USD 200,000 and Form A2 (Only for Individual residents a/c holders)

Important points to note:
  • Out of the overall foreign exchange being sold to a traveller, exchange in the form of foreign currency notes and coins may be sold up to the limit indicated below:
    1. Travellers proceeding to countries other than Iraq, Libya, Islamic Republic of Iran, Russian Federation and other Republics of Commonwealth of Independent States - not exceeding USD 2000 or its equivalent.
    2. Travellers proceeding to Iraq or Libya - not exceeding USD 5000 or its equivalent
    3. Travellers proceeding to Islamic Republic of Iran, Russian Federation and other Republics of Commonwealth of Independent States - full exchange may be released.
  • HDFC Bank offers American Express Travellers Cheques
 
  Whatever your Forex requirements are, we can fulfil them.
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