Originally Posted by David D
What's the best way of changing money? I'm coming over for 2 weeks with a view to a much longer stay in October. Should I bring Rupees, Sterling, Travellers Cheques, or withdraw money in Goa with my cash card?
either your cash card has quoted by catpat123 or sterling, the diffence is that if you use a cash card you still get a reduced exchange rate of 2.5% approx less than the streets, there are lots of money exchange shops about here, and you get that days rate, plus if paying for presents etc they will give you a better rate by paying in sterling,
do not bring rupees as it is illegal to take indian money in or out of the country,
if coming for long term as you mention it is not allowed to bring more that $10,000 sterling (approx £5000 english) or $20,000 travellers cheques (approx £10,000 english) unless it is declared (not advisable)
you do not say when you are coming for 2 weeks, but if the gap between the holiday and the long term stay in october is not more than 6 months you can open a bank account here and swift money across, when you get here or before you leave (takes approx 5 - 10 days)
most goan banks here use lloyds of london to swift from your uk account to
the one here,