Yes, you can sell Indian rupees (INR) in the UK to convert them into British pounds (GBP) through various currency exchange services, such as eurochange, The Currency Club, and Morrisons Travel Money. Services typically allow selling banknotes online or in-branch, with some specialized services like Cash4Coins even accepting coins.
Sell Your Indian Rupees. Returned from your trip to India with unspent holiday money? Convert your rupees back to pounds with eurochange! Our currency BuyBack service is available online and in our branches, making it easy to sell your INR at a great exchange rate and with no hidden fees.
Oxfam is now partnering with Cash4Coins who help charities collect foreign currency and turn them into cash through a buy back scheme. You can drop off your unwanted currency at any Oxfam branch, use Oxfam's postal service, or send it directly to Cash4Coins via the FREEPOST service.
Travellers choose eurochange to handle millions of Indian rupee transactions - so you can be confident you'll get some of the best pound to Indian rupee rates and customer service the UK has to offer.
If you've come back from your holiday with some spare cash, take it to a Post Office branch that deals in foreign currency and we'll buy it back from you.
Who decides the Value of ₹ against $? | Currency Exchange System |
Can I sell foreign currency at my bank?
Generally, you can exchange currency at several locations: Banks or credit unions. Online currency converters or mobile apps that offer cash delivery. Airport kiosks.
Can you deposit foreign currency into a UK bank account?
You can transfer euros into a UK bank account, but depending on your bank's policies, the euros may be automatically converted to pounds upon arrival, potentially at less favourable rates.
If you come home with spare Indian rupees, they can be exchanged for British pounds either online or in store with Morrisons Travel Money. How many Indian rupees can I sell at one time? The maximum amount of Indian rupees you can sell back online at one time is up to £2,500.
Export of Indian Currency is strictly prohibited. However Indian residents when they go abroad are allowed to take with them Indian currency not exceeding Rs. 7,500.
The demand for such collectibles has recently surged. Old is gold, quite literally! If you still possess some old currency notes and coins, they could be your ladder to luxury. If your note or coin has the number 786 on it, then you can auction it online for prices between INR 3-4 lakh.
Deposit into accounts can be made without restrictions. The ₹2000 banknotes can be deposited into bank accounts and cash requirements can be drawn thereafter, against these deposits.
Although new notes of this denomination are no longer being issued and a large majority of those previously in circulation have since been returned, the ₹2,000 note continues to remain legal tender. The ₹2000 note is still a legal tender as of August 2025.
When entering the UK, you must declare cash amounting to £10,000 (approximately ₹1,000,000) or more. This declaration applies to the combined value of all currencies you're carrying, including foreign currency, travellers' cheques, and monetary instruments.
No, there is no deadline to exchange old Bank of England banknotes; they retain their face value forever and can always be exchanged at the Bank of England or through UK banks/Post Office, though Post Offices have limits (e.g., £300) and specific processes for older notes, while modern polymer notes featuring Queen Elizabeth II are still legal tender.
One crore is equal to 1,00,00,000 and one million is equal to 1,000,000. Since 1 Crore equals 1,00,00,000 and 1 Million equals 1,000,000, the number of zeros in a Million is 6, while the number of zeros in a Crore is 7. As a result, 1 crore equals 10 million. As a result, 1 crore = 10 millions.
Do I have to pay tax if I bring money from India to the UK?
Whether you need to pay depends on if you're classed as 'resident' in the UK for tax. If you're not UK resident, you will not have to pay UK tax on your foreign income. If you are UK resident, you'll normally pay tax on your foreign income. You may not have to if you're eligible for Foreign Income and Gains relief.
A lakh is a unit in the Indian numbering system equal to one hundred thousand (100,000), written as 1,00,000 in India and other South Asian countries like Pakistan, Nepal, and Bangladesh, differing from the international system's comma placement (e.g., 100,000). For example, 150,000 rupees is "1.5 lakh rupees," or ₹1,50,000.
It's easy to exchange pounds (GBP) to US dollars (USD) with the NatWest travel money service. Calculate your currency exchange and see the latest exchange rate in our hub.
We'll buy back your foreign currency bank notes at the same exchange rate you got when you bought your travel money from us, up to a maximum value of £250. We'll buy back any currency* you have above the £250 limit using the rate available on the day, which you can see on our rates board in-store.
