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Buy Foreign Currency

As an RBI-authorized entity and AD II license holder, Santamonica ensures you get foreign currency at competitive rates. Whether you're traveling for personal reasons, business, education, work, or emigration, we are your go-to source for currency exchange. Experience exceptional customer service with simplified paperwork and minimal wait times, guaranteeing prompt delivery of your currency.

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How to Purchase Foreign Currency from Santamonica

Buying foreign currency from Santamonica is simple and straightforward. Follow these steps to complete your purchase:

  • Visit your nearest Santamonica branch.
  • Bring your passport or other valid identification documents.
  • Inform the cashier of the amount and type of currency you wish to buy.
  • Make the payment for the currency.
  • Receive your foreign currency.

Process of Buying Foreign Currency

Only resident Indians can purchase foreign currencies. Non-resident Indians (NRIs) and foreigners can reconvert their unspent currencies up to the unspent balance or ₹50,000, whichever is lower, by providing a valid encashment certificate in the customer's name. You can reconvert up to ₹10,000 without an encashment certificate. With ATM receipts and other relevant documents, you can reconvert up to ₹50,000.

It is advisable to carry some foreign currency as cash for immediate needs like food, drink, or transportation when traveling abroad. The maximum amount one can carry in the form of currency notes is USD 3,000. Any excess amount can be carried using Prepaid Forex Travel Cards. Santamonica offers three unique Forex cards: Multi-Currency Forex Travel Card, One Currency Forex Travel Card, and Study Abroad Forex Travel Card.

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