**Executive Summary**
This notification, issued by the Reserve Bank of India on February 23, 2026, amends the Foreign Exchange Management (Export and Import of Currency) Regulations, 2015. It introduces a Currency Declaration Form (CDF) to be used by passengers. These regulations come into force from the date of publication in the Official Gazette on February 24, 2026.
**Key Points / Main Content**
* **Amendment Title:** Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2026.
* **Effective Date:** Regulations are effective from the date of publication in the Official Gazette (February 24, 2026).
* **Addition of Annex:** A new "Annex" is inserted into the Principal Regulations, containing the Currency Declaration Form (CDF).
* **Currency Declaration Form (CDF):**
* **Thresholds:** The CDF is not required if the aggregate value of foreign exchange (currency notes, bank notes, travellers' cheques) is below USD 10,000 or equivalent, and/or the value of foreign currency notes is below USD 5,000 or equivalent.
* **Passenger Instructions:** Passengers should present the form to authorized banks or money changers when converting foreign currency to Indian Rupees or reconverting Rupees to foreign currency.
* **Visitor Instructions:** Visitors who do not wish to encash all declared foreign exchange must retain the form to present to customs at departure to enable them to take the unutilized balance.
* **Exemptions:** Details of travelers' cheques/currency notes are not required on the form; foreign tourists are not required to indicate their address.
* **Form Completion:** The Currency Declaration Form must be completed by passengers, indicating the name of the currency, currency notes, and travelers' cheques. The total value is to be provided.
* **Customs Officer Section:** A section for customs officers to certify the declared foreign exchange.
* **Endorsement Space:** Space for endorsements to record amount changes with the stamp and signature of the bank or money changer.
**Impact Analysis**
**Passengers / Travelers**
* **Impact:** Passengers bringing foreign exchange into India may need to complete the Currency Declaration Form (CDF), depending on the amounts being brought.
* **Action Required:** Passengers who convert foreign exchange to Indian rupees, or reconvert Indian rupees to foreign exchange, should produce the completed declaration form to the authorized bank or money changer. Visitors should retain the form until their departure to account for any remaining unencashed foreign currency.
**Authorized Banks / Money Changers**
* **Impact:** The regulations impact authorized banks and money changers dealing with foreign exchange transactions.
* **Action Required:** Authorized banks and money changers must collect the CDF from passengers converting foreign exchange to Indian Rupees or vice-versa. They must complete the endorsement section of the Currency Declaration Form.
**Customs Officers**
* **Impact:** Customs officers are involved in verifying and certifying the declared foreign exchange brought by passengers.
* **Action Required:** Customs Officers need to verify the form and certify that the declared amount of foreign currency brought by the passenger is correct.
Key Entities Referenced
Foreign Exchange Management Act, 1999: The primary legislation under which the amendment regulations are issued.
Reserve Bank of India: The regulator issuing the amendment regulations.
Foreign Exchange Management (Export and Import of Currency) Regulations, 2015: The principal regulations being amended.
Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2026: The specific amendment regulations being issued.
Currency Declaration Form (CDF): The form to be completed by passengers, included as an annexure to the regulations.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-एम.एxचxx.-GअID.H-2xx4x0 22026-270430
CG-MHxx-xEG-I2D4E0x2x2x 026-270430
असाधारण
EXTRAORDINARY
भाग III—खण् ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 119] नई ददल्ली, मगं लर्ार, फरर्री 24, 2026/फाल्ग नु 5, 1947
No. 119] NEW DELHI, TUESDAY, FEBRUARY 24, 2026/PHALGUNA 5, 1947
भारतीय ररज़र् व बकैं
(जर्देिी मद्रु ा जर्भाग)
(केंद्रीय कायालव य)
अजधसचू ना
मुंबई, 23 फरर्री, 2026
जर्देिी मद्रु ा प्रबधं (करेंसी का जनयातव तथा आयात) (सिं ोधन) जर्जनयमार्ली, 2026
फा. स.ं फेमा 6 (आर)/(5)/2026-आरबी.— जर्देिी मुद्रा प्रबधं अजधजनयम,1999 (1999 का 42) की धारा- 47
की उप-धारा (2) के खडं (िीए) द्वारा प्रदत्त िजियों का प्रयोग करत े हुए भारतीय ररज़र्व बैंक जर्देिी मुद्रा प्रबंध
(करेंसी का जनयावत तथा आयात) जर्जनयमार्ली, 2015 (29 ददसंबर 2015 की अजधसूचना सं. फेमा 6 (आर)/ आरबी-2015)
(जिसे इसके बाद ‘मूल जर्जनयमार्ली’ कहा िाएगा) म ेंजनम्नजलजखत संिोधन करता ह,ै अथावत:-
1. सजं िप्त नाम और प्रारंभ -
i. यह जर्जनयमार्ली जर्देिी मुद्रा प्रबंध (करेंसी का जनयावत तथा आयात) (संिोधन) जर्जनयमार्ली, 2026
कहलाएगी।
1323 GI/2026 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4]
ii. यह सरकारी रािपत्र में उसके प्रकािन की तारीख से लाग ूहोगी।
2. अनबु धं का समार्िे न –
मूल जर्जनयमार्ली म,ें मौिूदा जर्जनयमों के बाद, जनम्नजलजखत अनुबंध िोडा िाएगा, अथावत—्
अनबु धं
करेंसी घोषणा फॉम व
[जर्जनयम 6 देख]ें
प्रर्ाजसयों के जलए अनुदेि -
1. िहा ाँ प्रर्ासी द्वारा करेंसी नोटों, बैंक नोटों अथर्ा प्रर्ासी चेकों के रूप म ें लायी गयी जर्देिी मुद्रा का कुल मल्ू य 10,000
अमरीकी डॉलर से अजधक नहीं ह ैया उसके समतुल्य नहीं ह ैऔर / अथर्ा जर्देिी मुद्रा नोटों का मूल्य 5000 अमरीकी डॉलर
से अजधक या उसके समतल्ु य नहीं ह,ै ऐसे मामलों म ेंयह फॉमव भरने की आर्श्यकता नहीं ह ै।
2. प्रर्ाजसयों को सूजचत दकया िाता ह ैदक र् ेयह फॉमव भारतीय रुपए में जर्देिी मुद्रा का पररर्तवन या रुपया का जर्देिी मुद्रा
में पुनपवररर्तवन करत े समय जर्देिी मुद्रा में कारोबार करन े हते ुप्राजधकृत बैंक अथर्ा मुद्रा पररर्तवक को प्रस्ट्तुत करें।
3. भारत का दौरा करने र्ाले आगतं ुक कृपया नोट करें दक यदद उन्ह ें नीचे घोजषत सभी जर्देिी मुद्रा का नकदीकरण नहीं
करना ह ैतो उन्ह ेंभारत स ेप्रस्ट्थान करत ेसमय सीमा िुल्क प्राजधकारी को प्रस्ट्तुत करन ेके जलए इस फॉमव को अपने पास रखना
चाजहए तादक र्े अप्रयिु िमाराजि अपन ेसाथ ल ेिा सकें।
4. यात्री चेकों/करेंसी नोटों का ब्योरे देन े की कोई िरूरत नहीं ह।ै
5. जर्देिी पयवटक अपना पता न द ें।
_______________________________________________________________________________
(प्रर्ासी द्वारा भरा िाना चाजहए)
मैं _____________________________________________________________________________
एतद ्द्वारा घोजषत करता ह ंदक भारत में मरे े आगमन के समय मेरे पास जनम्नजलजखत जर्देिी मद्रु ा ह ै -
(केर्ल कुल मल्ू य)
करेंसी का नाम करेंसी नोट यात्री चेक कुल
1.
2.
3.
हस्ट्तािर____________________________
पासपोटव संख्या _________________________
राष्ट्रीयता__________________________[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3
(सीमा िुल्क अजधकारी द्वारा भरा िाए)
प्रमाजणत दकया िाता ह ैदक उि नाम के व्यजि न े ऊपर जनर्दवष्ट दकए अनुसार जर्देिी मुद्रा अपने साथ लायी ह।ै
ददनांक____________ ____________________________________
(सीमा िुल्क अजधकारी की मुहर तथा हस्ट्तािर)
(पृष्ांकन हते ु स्ट्थान)
ददनांक नकदीकरण प्रमाणपत्रों की पररर्र्तवत राजि बैंक अथर्ा मद्रु ा पररर्तवक
स्ट्पष्ट संख्या की मुहर तथा हस्ट्तािर
1 2 3 4
एन. सेंजथल कुमार, मुख्य महाप्रबंधक
[जर्ज्ञापन-III/4/असा./694/2025-26]
रटप्पणी :
मूल जर्जनयमार्ली ददनांक 29 ददसंबर 2015 के िी.एस.आर.सं.1004(ई) द्वारा भारत सरकार के सरकारी रािपत्र के भाग II, खंड-3, उप-खंड(i) में
प्रकाजित की गई थी और बाद में इसे जनम्नजलजखत द्वारा संिोजधत दकया गया:
i) ददनांक 26.02.2019 की अजधसूचना- िी.एस.आर. सं.151(ई)
ii) ददनांक 11.08.2020 की अजधसूचना सं. फेमा 6 (आर)/(2)/2020-आरबी (18.08.2020 को रािपत्र में प्रकाजित)
iii) ददनांक 03.12.2020 की अजधसूचना सं. फेमा 6 (आर)/(3)/2020-आरबी (04.12.2020 को रािपत्र में प्रकाजित)
iv) ददनांक 28.11.2025 की अजधसूचना सं. फेमा 6 (आर)/(4)/2025-आरबी (02.12.2025 को रािपत्र में प्रकाजित)4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4]
RESERVE BANK OF INDIA
(Foreign Exchange Department)
(CENTRAL OFFICE)
NOTIFICATION
Mumbai, the 23rd February, 2026
Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2026
F. No. FEMA 6 (R)/(5)/2026-RB.— In exercise of the powers conferred by clause (ga) of sub-section (2)
of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India makes the
following amendments to the Foreign Exchange Management (Export and Import of Currency) Regulations, 2015
(Notification No. FEMA 6 (R)/RB-2015 dated December 29, 2015) (hereinafter referred to as 'the Principal
Regulations'), namely: —
1. SHORT TITLE & COMMENCEMENT:
i. These Regulations may be called the Foreign Exchange Management (Export and Import of
Currency) (Amendment) Regulations, 2026.
ii. They shall come into force from the date of their publication in the Official Gazette.
2. INSERTION OF ANNEX:
In the Principal Regulations, after the existing regulations, the following Annex shall be inserted, namely:
Annex
CURRENCY DECLARATION FORM (CDF)
[See Regulation 6]
Instructions for passengers:
1. This form need not be completed in cases where the aggregate value of the foreign exchange brought in by
the passenger in the form of currency notes, bank notes, or travellers’ cheques does not exceed U.S.$ 10,000/- or its
equivalent and/or the value of foreign currency notes does not exceed U.S.$ 5,000 or its equivalent.
2. Passengers are advised to produce this form to a bank authorised to deal in foreign exchange or money changer
at the time of conversion of foreign exchange into Indian rupees or reconversion of rupees into foreign exchange.
3. Visitors to India may please note that in case they do not wish to encash all the foreign exchange declared
below they should retain this form with them for production to the Customs at the time of their departure from India
to enable them to take with them the unutilised balance.
4. Details of travellers’ cheques/currency notes need not be furnished.
5. Foreign tourists need not indicate their address.
__________________________________________________________________________________
(To be completed by passenger)
I ______________________________________________________________________________
hereby, declare that the following foreign exchange is in my possession at the time of my arrival in India:
(Aggregate value only)
Name of the currency Currency notes Travelers’ Cheques Total
1
2
3
Signature____________________________
Passport No._________________________
Nationality__________________________[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 5
To be completed by Customs Officer
This is to certify that the above named person has brought with him foreign exchange as indicated above.
Date____________ ________________________________
(Stamp and Signature of Customs Officer)
(Space for endorsement)
Date Distinctive Number of Amount changed Stamp and Signature of
Encashment Certificate Bank or Money changer
1 2 3 4
N SENTHIL KUMAR, Chief General Manager
[ADVT.-III/4/Exty./694/2025-26]
Note:
The Principal Regulations were published in the Official Gazette vide GSR No.1004(E) dated December 29, 2015 in
Part II, Section 3, sub-section (i) and subsequently amended vide:
i. G.S.R. No. 151(E) dated 26.02.2019
ii. No. FEMA 6 (R)/(2)/2020-RB dated 11.08.2020 (published in the Gazette on 18.08.2020)
iii. No. FEMA 6 (R)/(3)/2020-RB dated 03.12.2020 (published in the Gazette on 04.12.2020)
iv. No. FEMA 6 (R)/(4)/2025-RB dated 28.11.2025 (published in the Gazette on 02.12.2025)
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.