(i) Exchange brought back to India by a traveller should be surrendered to an authorised dealer against payment in rupees within 90 days from the date of return of the traveller if the unspent exchange is in the form of currency notes. If such exchange is in the form of travellers cheques, the same should be surrendered to an authorised dealer within 180 days from the date of return. Exchange so retained can be utilised by the traveller for his subsequent visit abroad within the aforesaid period in terms of Reserve Bank Notification No.FERA.172/97-RB dated 24th February 1997.

(ii) Authorised dealers may, if requested by the traveller, record under their stamp and signature, details of the exchange surrendered by the traveller on the latters passport.

NOTE: In view of the general permission granted under the Central Government Notification referred to in NOTE D under paragraph 3E.1, the requirement of surrender of unspent foreign exchange brought back would apply to foreign currency/ies held in excess of U.S.$ 2000 or its equivalent inclusive of foreign currency/ies, if any, held for numismatic purpose.