Indian residents travelling abroad may need foreign currency, while foreign tourists and non-resident Indians visiting India may need to convert foreign currency into Indian rupees. It may purchase foreign currency from eligible persons and sell foreign currency to travellers for permitted purposes. Sale of Foreign Currency for Foreign TravelAn FFMC may sell foreign currency notes and travellers’ cheques to eligible persons travelling outside India. Maintenance of Books and RecordsThe FFMC must maintain accurate and updated records of foreign currency purchased, foreign currency sold, customer identification, payment method and supporting documents. The return contains information relating to the purchase and sale of foreign currency notes, including prescribed information on foreign currency notes written off.