There is no way you can exchange that money now. The government has passed an ordinance way back in December and according to it, 31st December was the cutoff time for exchange. Indians staying abroad can exchange till 31st June, but the procedure is that they have to disclose the amount of old currency they are carrying at the customs on arrival, who will give them a paper, which has to be provided to the RBI and then exchanged.
So now, you have to somehow send the cash abroad, the NRI has to bring it and disclose at the customs, get the paper and then approach the RBI fr exchange.
Topic: 50,000rs (500rs of old currency) for bitcoins (Read 2760 times)
Later there was some supreme court order instructing government to allow every citizen to exchange notes till 31st march 2017
Did you visit RBI after 21st / 22nd march ??
Did you visit RBI after 21st / 22nd march ??
if u dont change your old money...hold 50 year...and sell OLX....10X rate....its just jocks....
Holding old notes is a punishable crime as per the ordinance passed by central government. wap.business-standard.com/article/economy-policy/ordinance-will-make-possession-of-old-rs-500-1000-notes-criminal-offence-116122800426_1.html
Op must be very careful in taking any random advice even if it was meant to be a joke
Standing on the footboard of rails and trains is also an act punishable under the purview of the Indian penal code.
if u dont change your old money...hold 50 year...and sell OLX....10X rate....its just jocks....
Holding old notes is a punishable crime as per the ordinance passed by central government. wap.business-standard.com/article/economy-policy/ordinance-will-make-possession-of-old-rs-500-1000-notes-criminal-offence-116122800426_1.html
Op must be very careful in taking any random advice even if it was meant to be a joke
if u dont change your old money...hold 50 year...and sell OLX....10X rate....its just jocks....
If you still need them exchanged. let me know at veryyyyyy earliest. percentage will be high !
That's good to hear
you should PM him so he gets a mail for it to check it asap
If you still need them exchanged. let me know at veryyyyyy earliest. percentage will be high !
what is the use of buying old and useless notes ?
Same use as replying back with one liner nonconstructive posts on a new account. That is, it pays in the future.
I think it is black money...
Seriously what is wrong with people? Spreading fuds left & right like its their dead cat's birth anniversary.
Black, white, green, it is HIS money and that's the most anyone should be concerned about.
what is the use of buying old and useless notes ?
I believe you can exchange it at RBI
Go to them with proper proof of withdrawl of your 50k. It's your money in the end and 50k is a good amount- hell any amount needs to be changed.
Many people have forgot their money or found it stashed away.
give it a try
I think it is black money that is the only reason I could think up for him afraid to go to bank and get it changed to new notes.Go to them with proper proof of withdrawl of your 50k. It's your money in the end and 50k is a good amount- hell any amount needs to be changed.
Many people have forgot their money or found it stashed away.
give it a try
Op you are not required to disclose anything because 50k is well within limit.
If you think you can, i can give you bank statement and notes, just make exchange and take whatever commission you want.
Anyway I have one of my relative based in foreign and he keep sending money to India.But he is not NRI,can he be of any help?
hahaha you're really in big trouble but not that big, just go to rbi counter and exchange that amount is not that big if you got pan card etc to verify your identity. 
I believe you can exchange it at RBI
Go to them with proper proof of withdrawl of your 50k. It's your money in the end and 50k is a good amount- hell any amount needs to be changed.
Many people have forgot their money or found it stashed away.
give it a try
bro .. I made a contact with them, even told them that i've a proper proof of withdrawl of money but they still refused. I also contacted a bank manager, he too told that no one other than NRI could help. Now, only an NRI could help me or any indian who was in foreign at the time of demonetization. Go to them with proper proof of withdrawl of your 50k. It's your money in the end and 50k is a good amount- hell any amount needs to be changed.
Many people have forgot their money or found it stashed away.
give it a try
I even tried with a foreigner, but why he be messing himself for a low amount of 50,000rs.
Yes, i know 50,000 inr is a damm good amount for any indian, let's see what will happen to them.
Damn!
That suck
I don't think why a NRI would do that for you and it's rather hard to find who was away for all that time
Good luck
I believe you can exchange it at RBI
Go to them with proper proof of withdrawl of your 50k. It's your money in the end and 50k is a good amount- hell any amount needs to be changed.
Many people have forgot their money or found it stashed away.
give it a try
I think it is black money that is the only reason I could think up for him afraid to go to bank and get it changed to new notes.Go to them with proper proof of withdrawl of your 50k. It's your money in the end and 50k is a good amount- hell any amount needs to be changed.
Many people have forgot their money or found it stashed away.
give it a try
Op you are not required to disclose anything because 50k is well within limit.
If you think you can, i can give you bank statement and notes, just make exchange and take whatever commission you want.
I believe you can exchange it at RBI
Go to them with proper proof of withdrawl of your 50k. It's your money in the end and 50k is a good amount- hell any amount needs to be changed.
Many people have forgot their money or found it stashed away.
give it a try
bro .. I made a contact with them, even told them that i've a proper proof of withdrawl of money but they still refused. I also contacted a bank manager, he too told that no one other than NRI could help. Now, only an NRI could help me or any indian who was in foreign at the time of demonetization. Go to them with proper proof of withdrawl of your 50k. It's your money in the end and 50k is a good amount- hell any amount needs to be changed.
Many people have forgot their money or found it stashed away.
give it a try
I even tried with a foreigner, but why he be messing himself for a low amount of 50,000rs.
Yes, i know 50,000 inr is a damm good amount for any indian, let's see what will happen to them.
I believe you can exchange it at RBI
Go to them with proper proof of withdrawl of your 50k. It's your money in the end and 50k is a good amount- hell any amount needs to be changed.
Many people have forgot their money or found it stashed away.
give it a try
I think it is black money that is the only reason I could think up for him afraid to go to bank and get it changed to new notes.Go to them with proper proof of withdrawl of your 50k. It's your money in the end and 50k is a good amount- hell any amount needs to be changed.
Many people have forgot their money or found it stashed away.
give it a try
Op you are not required to disclose anything because 50k is well within limit.
I believe you can exchange it at RBI
Go to them with proper proof of withdrawl of your 50k. It's your money in the end and 50k is a good amount- hell any amount needs to be changed.
Many people have forgot their money or found it stashed away.
give it a try
Go to them with proper proof of withdrawl of your 50k. It's your money in the end and 50k is a good amount- hell any amount needs to be changed.
Many people have forgot their money or found it stashed away.
give it a try
For the record. I bought 70k at raddi rates from someone local. So won't be needing yours anymore. Good luck.
Hello friends.. sadly i found my bunch of 500rs of old currency worth 50,000rs. But i know its too late, 31st december is over. I want to exchange it for new one. I am also ready to give some part of my money to the exchanger. I think our respectable prime minister has also given a date for 31st march 2017.
I am also ready to exchange it for bitcoins.
Please someone help me in this regards
Actually here are only two option of exchange your old currency with new note .I am also ready to exchange it for bitcoins.
Please someone help me in this regards
First option is to hire a person who remain in the foreign country and then exchange your currency with the name of that people if he is agree .
Second option is to contact RBI directly and give the proof that how does you got this 50k INR , If you will get success to do the best honestly then you will be able to exchange your old currency legally .
The first option is good, but unfortunately, i don't know any NRI.
So the very last option which is left with you is to give all your friends and relatives 1 note each as a souvenir of old note which was once used in India. Unfortunately now you do not have any option left.
Hello friends.. sadly i found my bunch of 500rs of old currency worth 50,000rs. But i know its too late, 31st december is over. I want to exchange it for new one. I am also ready to give some part of my money to the exchanger. I think our respectable prime minister has also given a date for 31st march 2017.
I am also ready to exchange it for bitcoins.
Please someone help me in this regards
Actually here are only two option of exchange your old currency with new note .I am also ready to exchange it for bitcoins.
Please someone help me in this regards
First option is to hire a person who remain in the foreign country and then exchange your currency with the name of that people if he is agree .
Second option is to contact RBI directly and give the proof that how does you got this 50k INR , If you will get success to do the best honestly then you will be able to exchange your old currency legally .
The first option is good, but unfortunately, i don't know any NRI.
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