The Indians who still have the old Rs 500 and Rs 1000 notes can get them deposited in their bank account or the post office saving accounts or exchange them for new currency at the offices of the Central Bank. The old currency notes of Rs 500 and Rs 1000 can now only be exchanged at the offices of the Central banks.
Can you spend old money?
In the US though your currency is still good. That is assuming it isn’t too tattered or counterfeit. AFAIK, all government-issued US currency is still legal tender, regardless of when they were made.
What is the last date to exchange old notes?
All Rs 500 and Rs 1,000 notes to be deposited into banks or post offices from 10th November to 30th December 2016. After 30th December 2016, Rs 500 and Rs 1,000 notes will be accepted till 31st March 2017 in several RBI branches after taking declaration from RBI.
How to find out how much foreign money is worth?
Find out how much your old foreign cash is worth. Many financial institutions have online currency converters where you can simply input how much you have in foreign currency and the country where the currency is valid, to find out how many dollars you can expect to get for the foreign money.
Where can I take my Old foreign money?
Take your old, foreign money to your local bank or the currency exchange booth of your nearest major airport. Keep in mind that sometimes in airports these booths are located after security checkpoints, so if you have an upcoming trip simply take the old, foreign money with you to the airport to avoid a separate trip to a bank.
What’s the best way to exchange foreign coins?
Save time and exchange all your currencies on one website. Use our free online service, our postal form or send in your loose currency and we will sort it for you, free of charge. Get more bang for your buck! Our exchange rates are the best rates for foreign coins and obsolete notes on the Internet. That means more money in your pocket.
Is it worth investing in old foreign money?
However, you should consider checking out this site about Old Foreign Money. All you have to do is fill out their contact form and someone should respond back with information. However, keep in mind that most money from foreign countries is not especially valuable. So do not start planning your retirement just yet.
