![]() | #2056 |
Distinguished - BHPian ![]() ![]() Join Date: Apr 2005 Location: AU
Posts: 2,201
Thanked: 5,532 Times
| ![]()
..which said overseas citizens can come and exchange the notes even after 30th Dec 2016 at RBI. Perhaps they should have said which RBI? Are we dealing with a shady e-bay retailer or the GOI? Agree. That's THE most simplest thing to do. People ship a whole lot of things through friends/relatives/colleagues. Last edited by navin : 16th January 2017 at 12:20. Reason: removed reference because orignal post is edited |
![]() |
|
![]() | #2057 | |
Senior - BHPian Join Date: Jul 2006 Location: Bombay
Posts: 1,355
Thanked: 1,876 Times
| ![]() Quote:
Also, its not about the amount, its about the principle. The reason why people across the world hold the US$ and the British Pound is because their governments ensure the stability of their currencies. Last edited by navin : 16th January 2017 at 12:25. Reason: removed comment from the original post | |
![]() |
![]() | #2058 |
Senior - BHPian Join Date: Dec 2008 Location: Bangalore
Posts: 3,043
Thanked: 3,714 Times
| ![]() |
![]() |
![]() | #2059 | |
Senior - BHPian Join Date: Jul 2006 Location: Bombay
Posts: 1,355
Thanked: 1,876 Times
| ![]() Quote:
However, once these notes ceased to be legal tender, then legally, there is no law prohibiting their import. Also, in light of the demonetization exercise, there should have been some process for NRI's/ Indians on long term overseas stints to be able to exchange their demonetized notes overseas in their respective embassies. To expect them to actually travel to India and personally carry the currency is ridiculous. Even SGIITK's suggestion of giving the currency to a friend is not feasible since there is a maximum limit of 25k and many Indians/NRI's easily have that much or more on their person when they leave India. | |
![]() |
![]() | #2060 | |
Team-BHP Support ![]() ![]() | ![]() Quote:
It is this same attitude of lack of empathy towards others that we see on our streets and traffic manners, or lack of it. | |
![]() |
![]() | #2061 |
Senior - BHPian ![]() Join Date: Apr 2011 Location: Dubai/Bengaluru
Posts: 2,960
Thanked: 9,096 Times
| ![]() Yeah thats the process. Have the customs stamp the number of currency youre having, then next step; RBI Chennai. Last edited by noopster : 16th January 2017 at 17:33. Reason: Fixed quote tag |
![]() |
![]() | #2062 |
Senior - BHPian ![]() Join Date: Jul 2006 Location: bangalore
Posts: 2,107
Thanked: 4,478 Times
| ![]() ATM withdrawal limit has been raised to Rs 10K/Day with the weekly limits remaining the same. http://www.ndtv.com/india-news/atm-w...e-bank-1649373 |
![]() |
![]() | #2063 |
BHPian Join Date: Jul 2015 Location: Bangalore
Posts: 117
Thanked: 154 Times
| ![]() Wife found some more old notes, is there still a process to change them or should I just forego it? |
![]() |
![]() | #2064 |
Senior - BHPian Join Date: Jul 2006 Location: Bombay
Posts: 1,355
Thanked: 1,876 Times
| ![]()
As per the Nov 8th announcement you have time until March end, unfortunately that's been proved to be a falsehood. Now the only option is if you have an NRI or Indian who is returning from an overseas stint and can prove it with his passport and visa stamps. Else preserve it and If its in good condition the notes might fetch even higher value for numismatic reasons after a few decades. |
![]() |
![]() | #2065 |
Senior - BHPian ![]() | ![]()
There is no process. Congrats, you have just involuntarily become a contributor to the black money tally.I guess it is NRI's like sebring and unfortunate people like you who the govt is banking on to shore up the numbers of black money recovered. |
![]() |
![]() | #2066 |
BHPian Join Date: Sep 2015 Location: Pune
Posts: 465
Thanked: 469 Times
| ![]() What we are forgetting is the huge impact this has had in limiting terrorism and Naxalites. If you just count the average lives saved in past 2 months, I think this so called pain was well worth it. You may not like the implementation but also look at the scale of the issue at hand. I can't remember if any other govt change that was ever implemented so successfully and so rapidly. |
![]() |
|
![]() | #2067 | |
Distinguished - BHPian ![]() ![]() | ![]() Quote:
See, support it all you like, but do recognize the fallacies when you term the implementation "grand". | |
![]() |
![]() | #2068 |
Senior - BHPian ![]() | ![]() |
![]() |
![]() | #2069 |
Senior - BHPian Join Date: Jul 2006 Location: Bombay
Posts: 1,355
Thanked: 1,876 Times
| ![]() |
![]() |
![]() | #2070 |
Senior - BHPian ![]() | ![]() |
![]() |
![]() |