HomeNewsTrendsCurrent AffairsAustralia govt asks citizens visiting India to use e-payments

Australia govt asks citizens visiting India to use e-payments

In the latest advisory issued yesterday, Department of Foreign Affairs and Trade (DFAT) said, "Indian authorities have replaced withdrawn 500 and 1,000 notes with new 500 and 2,000 rupee notes slowly entering circulation."

January 06, 2017 / 12:14 IST

Australian government has advised its citizens travelling to India to ensure their trip is planned in such a way so as not to depend on the availability of cash, claiming that some visitors are facing difficulties in exchanging 100 dollar notes in India after demonetisation.

In the latest advisory issued yesterday, Department of Foreign Affairs and Trade (DFAT) said, "Indian authorities have replaced withdrawn 500 and 1,000 notes with new 500 and 2,000 rupee notes slowly entering circulation." "Withdrawals from ATMs are subject to a daily limit of 4,500 rupees (around 90 Australian dollars), which applies to international bank cards. Expect queues and cash shortages at ATMs and note that many ATMs will not accept cards issued by foreign banks. Foreigners are permitted to exchange foreign currency up to 5,000 rupees (around 100 Australian dollars) per week at banks and foreign exchange bureaus." It advised travellers to use electronic payments such as bank and credit cards wherever possible.

"Due to the ongoing uncertainty of obtaining cash, ensure your trip is planned in such a way so as not to depend on the availability of cash," it said.

"Be aware that some travellers have reported difficulties in exchanging 100 dollar notes for local currency in India," it also said.

However, the overall advisory of exercising high degree of caution while travelling to India was kept unchanged for the travellers.

first published: Jan 6, 2017 11:46 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347