Import of currency by post: limited postal clearance allowed with customs authorisation; larger consignments require RBI no objection.

Import of currency by post requires RBI permission under FEMA and is generally restricted; Indian currency notes and coins may not be imported by post. Customs may permit limited postal importation of small-value currency to expedite mail clearance if authorised by an Assistant/Deputy Commissioner of Customs and required records- including remitter and addressee details-are maintained, with unusual increases reported to the RBI. Parcels above the small-value threshold must be detained, adjudicated and can be released only on presentation of a No Objection Certificate from the RBI. Authorised Dealers may import currency from overseas branches for normal banking needs without specific RBI clearance.

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