AAI allows banks to operate Currency Exchange Counters at airports free of cost

AAI allows banks to operate Currency Exchange Counters at airports free of cost

Airports opened to operate currency exchange counters

The Dollar Business Bureau

The decision of the Government of India to demonetise the currency ( 1000 and 500 notes) across the nation has led to currency hardship for airport users and air travellers.

Hence, extending its support to the campaign and facilitating airport users and air travelers, AAI has decided to allow any Scheduled Commercial Bank to open and operate (on temporary basis) Currency Exchange Counter (small) for currency exchange without levying charges for space and electricity, etc. at its airports across the country December 31, 2016 subject to availability of space.

Regional Executive Directors/Airport Directors of AAI airports have been directed accordingly. In case of query, any Regional Executive Director / Airport Director of the particular airport of AAI may be contacted.

 

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The Dollar Business Bureau - Nov 17, 2016 12:00 IST