Foreign currency can be exchanged in State Bank of India at Manali. The
bank exchanges a maximum of US$ 500 per person a day. In special
cases this amount may exceed. The State Bank of India, Manali
exchanges US Dollar, Pound Sterling, French Francs, Swiss Francs,
Japanese Yen, Euro, Canadian Dollar, Australian Dollar, Deutsche
Some private agencies like Western Union Money Transfer at Manali
are also engaged in exchange of foreign currency.
State Bank of India, Manali Ph: +91-1902-52405
State Bank of India, Manali: +91- 1902- 52405,
State Bank of India, Manali and State Bank of Patiala, Kullu accept
travelers' cheques. The banks provide exchange upto a maximum
of $500 per person a day. The widely accepted travelers' cheques
are American Express, Thomas Cook, Visa, etc. Various private
agencies like Western Union Money Transfer, Universal Express,
etc. are also in the business.
State Bank of Patiala, Kullu: +91- 1902- 22457.
Certain shops & hotels in Kullu & Manali towns accept credit cards.
The most widely accepted cards are Master Card & Visa. Cash is
not advanced for cards anywhere in the valley but Bank of Baroda
in Mandi (67km from Kullu) gives cash advance on Visa Card.
Western Union Money Transfer in Kullu & Manali facilitate international
If short of time, unauthorized dealers or open marketers too deal
in foreign exchange. Though there is a slight risk involved in
open market, the exchange is faster and could fetch you extra
If you exchange money at banks and authorized agencies it is advisable
to obtain an encashment certificate from the concerned agency.
This certificate helps in re- exchanging excess rupees for hard
currency while leaving India. The bank charges Rs.25 for providing