The US Dollar, a global currency, is the primary reserve currency held by central banks worldwide. USD remains the most widely held reserve currency, used by central banks worldwide to diversify their foreign exchange reserves.

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When you are travelling abroad, you can carry your forex as cash. But there’s a limit to the amount can carry in cash, which varies with your travel destination.

As per RBI regulations, cash payment is permitted only if the total sale amount is below ₹50,000 for a single journey. If the amount equals or exceeds ₹50,000 (whether in a single drawl or multiple drawls for the same trip), cash is not allowed. In such cases, you must use other approved payment methods such as crossed cheque, electronic funds transfer, banker’s cheque, pay order, demand draft, or eligible debit/credit/prepaid cards under compliance norms.

It is always good to have cash on you while travelling. But travelling with a large amount of cash is not safe. A prepaid forex card allows you the flexibility of cashless payments at 31.4 million MasterCard merchant establishments and allows you to withdraw cash from around 1.9 million MasterCard ATMs across the world. That said, you should carry at least 20% of your foreign exchange as cash for use in contingencies.

Thomas Cook has been serving customers for over 170 years. We have built up a reputation as one of the most reliable foreign currency providers. We also have the required expertise in identifying genuine currency notes. You can be rest assured that the currency notes being provided to you are genuine and safe to use around the world.

You will get better rates on card than on cash as per the exchange rate that is prevalent on that day. Thomas Cook recommends that you buy your forex in a prepaid forex card which is accepted at 31.4 million merchant establishments and 1.9 million ATMs abroad.

Yes, you can retain forex up to $2,000 in cash or prepaid forex cards. You must surrender any forex above that. While we recommend that you surrender your cash, you can retain the balance in your prepaid forex card, which you can reuse during your next trip abroad.

Foreign currency is highly regulated in India. So, it is best to sell your currency through authorized entities like Thomas Cook. You can sell foreign currency, which is left over from your foreign trip, through our website, FX Now Mobile app, WhatsApp by simply saying Hi on 8879142236 or at your nearest Thomas Cook branch

for purchasing forex there is no convenience fees charged by Thomas Cook. The only additional charges will be the GST amount on forex services and payment processing fees (in case of Net Banking and Credit/Debit Card).

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