1. How much cash can I carry to Australia from India?
You can carry up to USD 3,000 or its equivalent in Australian dollars as cash. If you want to carry more money, RBI allows up to a maximum of USD 10,000 or its equivalent Australian dollars. Beyond the limit of USD 3,000 (or equivalent in any currency) in cash the rest of the money must be carried in forex card or traveller’s cheque.
2. How to get Australian dollars in India?
You can buy Australian dollars in India from your bank or from RBI approved money changers. Simply go to your bank or a money changer store in your locality and intimate the request for buying Australian dollars. The bank or money changer will quote their own Australian dollar - Indian rupee exchange rate which will be always higher than the interbank rate. Deposit the money into the bank/money changer’s account and get the Australian dollars. Also, you’d be required to submit the necessary KYC (know your customer) documents as per RBI rule. Avoid all these hassles by looking up AUD-INR exchange rates of forex centres in your locality through extravelmoney.com and place your order online itself from the comfort of your home.
3. What are the documents required for buying Australian dollar in India?
The documents required for buying Australian dollars are ;
1. A valid Indian Passport
2. A confirmed air ticket showing travel within 60 days to Australia from date of buying currency
3. PAN card (if required and mandatory for Forex card)
4. Valid Visa
4. How to carry money from India to Australia?
You can carry money from India to Australia as cash by buying Australian dollars before your trip. Otherwise, you can load Australian dollars in prepaid forex travel cards or traveller’s cheques. Also, your international debit/credit card can be used to carry money to Australia.
We recommend, calculating your rough total trip expense beforehand. Carry 40% of this total trip estimate as cash by converting Indian rupee to Australian dollar. The rest 60% of the total trip estimate can be loaded and carried in forex card.
You can read more about this strategy here;
Best way to carry cash when travelling abroad
Use debit/credit card sparingly as backup emergency funds only.
Traveller’s cheques have become mostly irrelevant and more of an inconvenience in this age of digital and card payments. Thus, they can be safely avoided.
5. Which is the best forex card for Indian students in Australia?
The best forex card for Indian students in Australia is one which gives them the best exchange rate at the time of loading Australian dollars into the forex card by converting Indian rupee. Also, other factors to consider when looking for the best forex card are if they have activation fees, ATM usage fees, inactivity fees etc.
Different banks and money changers offer forex card with different features and advantages. To look for the card that will suit your purposes and offer the best INR-AUD exchange rate, visit extravelmoney and compare prepaid forex travel cards offered by banks and money changers in your town/city. Find the card offering the best exchange rate and book the forex card online itself.
6. Can I use US dollars in Australia?
No, you will not be able to use US dollars in Australia. The official currency and the accepted legal tender of Australia is the Australian dollar. You need to convert your local currency or the US dollar you have in hand to Australian dollar to spend money there.
7. How to buy Australian dollars online in India?
ExTravelMoney gives you the best exchange rates for buying Australian dollars online. Through ExTravelMoney web portal, compare the exchange rates offered by banks and money changers in your location for Australian dollars. Select the forex centre offering you the best exchange rate on Australian dollar. Simply book the order online through ExTravelMoney and even get the currency delivered to your chosen address location!
8. What are the various australian dollar denominations?
The Australian dollar is available as both currency notes and coins. Australian dollar notes are available in denominations of $5, $10, $20, $50 and $100 notes. Coins are divided and available as 5, 10, 20 and 50 cent and $1 and $2 denominations.
9. How to find Australian dollar buying & selling rates in India today?
Buying & selling rates of Australian Dollar in India keeps fluctuating everyday depending on the demand and availability of the currency.Find out the Australian Dollar buying & selling rates in cities across India through ExTravelmoney. You can even buy Australian dollar online and get the currency delivered to your home within the same day of booking the order.
10. How can I sell sell leftover Australian dollars after returning to India?
You can sell leftover Australian dollar by visiting your bank or an RBI authorized money changer. However your bank or money changer would have their own set exchange rates. Also, you’d have to physically visit or enquire through phone call the exchange rate of your bank and each individual money changer store in your locality. This is a time consuming process.
Instead, sell foreign currency with ExTravelMoney and find out online the exchange rates of forex stores in your location. Sell your Australian dollars online and even get the forex store to come to your home and pickup the currency. Money will be credited directly to your provided bank account.
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