Can I exchange my old 500 notes now?

Exchanging old notes You need not visit the branch of the bank where you have an account in. If you want to exchange up to Rs 4,000 in cash, you can simply go to any bank with a valid ID proof. This limit of Rs 4,000 for exchanging old notes will be reviewed after 15 days.

Can I exchange old foreign currency?

But if you still have ancient foreign notes and coins, the good news is they’re not worthless – you CAN still exchange them. Now, it’s important to note that this research comes with a major health warning.

What can I do with old foreign notes?

For the first time, you can now donate your unwanted foreign coins and banknotes to The Royal British Legion at your local Sainsbury’s Travel Money Bureau. Simply take your currency along to the Bureau and pop it in the donation box – It’s that simple.

What can I do with old foreign currency?

10 Things You Can Do with Leftover Foreign Coins

• Give Them As Gifts. Think about the people in your life and consider if they’d enjoy receiving a coin or two.
• Donate Them to Charity.
• Make Coin Magnets.
• Head to Starbucks.
• Store Them Away.
• Loan Them to Friends.
• Trace the Coins.
• Line a Picture Frame.

Can you use old money?

No, you do not have to trade in your old-design notes for new ones. All U.S. currency remains legal tender, regardless of when it was issued.

Is ripped money valid?

American currency is valid when torn and taped, although when it is cashed the bank may destroy it to keep it out of their bank’s circulation. There are 3 things needed for a bank to replace a bill:More than 75\% of the head remains, the security strip remains, and one or more serial numbers can be identified.

How to earn Nepali currency by using Indian currency?

One can get 800 Nepali rupees in exchange for a new 500 rupee Indian note, while for an old Rs 500 note, one can get 400 Nepali notes. One can buy tokens at Nepali casinos by paying in Indian currency and earn Nepali currency in exchange. This practice in itself is legal.

Why is Nepal refusing to accept new notes from India?

Despite more than a year having passed since demonetisation, India has not been able to reach a truck with Nepal over what’s to be done with the notes in Nepal. This is the reason why Nepal refused to accept the new Rs 500 and Rs 2,000 notes from India. If playback doesn’t begin shortly, try restarting your device.

How to exchange old notes in India?

Till November 24, old notes up to Rs 4,000 in value can be exchanged. 1. Keep calm: you have 50 days time to exchange / deposit your old notes in banks / post office and lower denomination notes and coins will remain legal tender. 2. Emergency requirements have been taken care of.

What happens if you don’t deposit new notes by Dec 30?

Withdrawal of new notes will be limited to Rs 10,000 per day and Rs 20,000 per week initially so use your credit/debit card to shop. 8. If you don’t manage to deposit all your old notes by Dec 30 you still have a window.