$ 200 US exchange facility for Nepali nationals traveling abroad

Desk by Karuna

The Tribhuvan International Airport will allow up to 200 US dollars in exchange for Nepali nationals traveling abroad. According to a report in Kantipur Online, the Nepal Rastra Bank issued a notification allowing money exchangers authorized to trade foreign currency to offer this service.

Only authorized money changers will now offer this service at Tribhuvan Airport for the sale of foreign currencies. This was not the case for a few years. The department of foreign exchange management at Rastra Bank’s executive director, Ramu Poudel, stated that this arrangement will make it simpler for individuals to travel.”If it seems that the cash foreign currency is not enough, citizens can get this facility based on their passport from the money changer at the licensed international airport within the maximum limit,” he said.

There is a provision that allows travelers who are traveling abroad to receive a maximum credit of $1500 from the bank. Those who have previously used the bank’s 1500-dollar credit will not be eligible for any more services from the money changer. They will receive the facility of up to 200 dollars extra from the airport as they previously received the facility of 1300 dollars or less from the bank. There is a 200-dollar maximum for going abroad. They will need to use the bank’s similar facility.

Source: CRI Nepali

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