| |
 |
| |
| |
BTQ Tourism
Foreign Exchange for holidays, leisure
travel including pilgrimage
|
| |
| Documentation required |
|
•
|
Basic Travel Quota application
|
|
•
|
FEMA declaration - cum
- Form A2
|
|
•
|
Copies of Passport,
Visa and Ticket
|
|
| Quantum of exchange |
|
•
|
USD 10,000/- per calendar
year
|
|
| Note: No entitlement while
traveling to Nepal or Bhutan |
|
|
| | | |
| |
Business
Travel
Foreign Exchange/ Remittance Services
for Corporate Travel
|
| |
| (1) General
Business Travel |
| Documentation required |
|
•
|
Request letter from
sponsoring Company/ Firm/ Institute
giving name, designation and passport
details of the traveler and full details
of the visit (Formatted Application)
|
|
•
|
FEMA declaration-cum-Form
A2
|
|
•
|
Copies of passport,
visa and ticket
|
|
| Quantum of exchange |
|
|
|
|
|
| (2)
Participation In Global Conferences &
Specialized Training
|
| Documentation required |
|
•
|
Request letter from
the applicant giving details of the
conference/ training
|
|
•
|
Copy of the invitation
received from abroad to attend the
conference/ training indicating the
fee payable
|
|
•
|
Copies of passport,
visa and ticket
|
| • |
FEMA declaration-cum-Form
A2 |
|
| Quantum of exchange |
|
|
|
| |
| |
| |
Study
Abroad
Foreign Exchange while Studying
Abroad
| | |
| (1)
Towards education and living expenses in Study
Abroad Programs
|
| Documentation required |
|
•
|
Request
letter from the student with self
declaration incorporating the basic
details such as name of the Foreign
University, nature and duration of
the course, estimate of expenses and
other applicable details
|
|
•
|
FEMA declaration-cum-Form
A2
|
|
•
|
Copy of passport, visa
and ticket
|
|
| Quantum of Exchange |
|
•
|
USD 100,000 or amount
shown in the estimate received from
the University whichever is higher,
per academic year
|
|
|
|
|
| (2)
Remittance towards Examination Fees such as
TOEFL and GRE |
| Documentation required |
|
•
|
Request letter from
the applicant along with demand notice
showing the amount to be remitted.
|
|
•
|
FEMA
declaration-cum-Form A2.
|
|
| Quantum of Exchange |
|
•
|
As evidenced from the
demand notice received.
|
|
|
|
| (3)
Remittance under Tie Up/ Arrangement with
Foreign Universities |
| Documentation required |
|
•
|
Letter of request from
remitter giving details of the remittance
|
|
•
|
FEMA declaration-cum-Form
A2
|
| • |
Certificate from a Chartered
Accountant Certifying the following: |
| • |
The remittance being
made is in accordance with the Franchise
Agreement between the parties
All applicable taxes are paid
|
|
| Quantum of Exchange |
|
•
|
As certified by the
Chartered Accountant
|
|
|
| | | |
| |
Migration
Foreign Exchange requirements while
Emigration
| | |
| (1)
Towards Emigration expenses or Emigration
Consultancy Fees |
| Documentation required |
|
•
|
Request
letter from the applicant with self
declaration of emigration
|
|
•
|
Copies
of passport, visa and ticket
|
|
•
|
Copy
of emigration letter issued if any,
by destination country
|
|
•
|
FEMA declaration-cum-Form
A2 |
|
| Quantum of Exchange |
|
•
|
USD 100,000 or amount
stipulated if any, by the country
of emigration on the emigration letter
issued, whichever is higher.
|
|
|
|
|
| (2)
Skills/ Credential Assessment Fees for Intending
Migrants |
| Documentation required |
|
•
|
Request letter giving
full details of the transaction.
|
|
•
|
Bill / Demand notice
received from beneficiary of the remittance.
|
|
•
|
FEMA
declaration-cum-Form A2. |
|
| Quantum of Exchange |
|
•
|
As evidenced from the
bill / demand notice received.
|
|
|
|
| (3)
For Employment/ Processing/ Assessment Fees
for Overseas Job Applications
|
| Documentation required |
|
•
|
Request letter giving
full details of the transaction
|
|
•
|
Bills / Demand notice
etc received from the beneficiary
of the remittance
|
|
•
|
FEMA
declaration -cum - Form A2 |
|
| Quantum of Exchange |
|
•
|
As evidenced from the
demand notice received subject to
a maximum of USD 100,000/-
|
|
|
| |
| |
| |
Film
Shooting
|
| |
| Documentation required |
|
•
|
Request letter giving
full details of the transaction, estimate
of expenses, exchange required etc
|
|
•
|
Bills / Invoices received
from abroad for specific expenses,
if any
|
|
•
|
FEMA
declaration-cum-Form A2
|
|
| Quantum of Exchange |
|
•
|
As per estimate and
requirement given in the request letter
and bills/ invoices received from
abroad.
|
|
|
|
| | | |
| |
Medical
Treatment
Foreign Exchange for expenses towards
Medical treatment abroad
| | |
| Documentation required |
|
•
|
Letter of request with
self declaration from the applicant
stating that he is buying exchange
for medical treatment outside India
|
|
•
|
FEMA declaration-cum-Form
A2.
|
|
•
|
Copy
of passport, visa and ticket,
|
|
| Quantum of Exchange |
|
|
| Note: For amounts exceeding
USD 100,000, an estimate from the Doctor in
India or Hospital/ Doctor Abroad is required. |
|
|
| | | |
| |
Other
Services
Remittance by Tour Operators/ Travel
Agents/ Principals/ Hotels
|
| |
| (1)
Tour Arrangements for Foreign Tourists Visiting
Neighboring Countries |
| Documentation required |
|
•
|
Proof
of total inward remittance received
from abroad towards consolidated tour
arrangements (FIRC)
|
|
•
|
FEMA
declaration - cum - Form A2
|
|
•
|
Supporting debit
notes/ bills/ invoices received from
abroad indicating remittance amount |
|
| Quantum of Exchange |
|
•
|
As per debit note /bill/
invoice received
|
|
| Note: Not permissible when
country of beneficiary's residence is Pakistan.
The amount remitted should cover only that
portion of the expenses to be incurred in
neighboring countries and should be within
the total amount of inward remittance received
in India. |
|
|
| (2)
Indian Travelers booking Hotel Accommodation/
Tour arrangements |
| Documentation required |
|
•
|
FEMA declaration - cum
- Form A2.
|
|
•
|
Supporting
debit notes/ bills/ invoices in original
received from the service provider
abroad.
|
|
| Quantum of Exchange |
|
•
|
As per debit note/ bill/
invoice received
|
|
| Note: Remittance is allowed
only up to a reasonable limit at the request
of the traveler. The amount remitted should
be out of the foreign exchange purchased by
the traveler from an authorized person (including
exchange drawn for private visits abroad) |
|
|
| (3)
Remittance for participation in International
Events/ Competitions/ Training/ Sponsorship/
Prize Money |
| Documentation required |
|
•
|
Request letter from
applicant giving name, address, amount
of foreign exchange required, period
and nature of training, sports activity
or competition.
|
|
•
|
Letter of offer or memorandum
of understanding or agreement for
relevant sport activity, competition
or training and amount of foreign
exchange required.
|
| • |
FEMA declaration-cum-Form
A2. |
|
| Quantum of Exchange |
|
|
| Note: If the applicant is other
than International /National/ State level
sport body and requires exchange in excess
of USD 100,000, prior approval of Ministry
of Human Resources (Department of Youth Affairs
and Sports) is required |
|
|
| (4)
Disbursement of Crew wages
|
| Documentation required |
|
•
|
Request letter stating
full details (like full name, amount
etc) of the crew wages to be disbursed
|
|
•
|
FEMA
declaration-cum-Form A2.
|
|
| Quantum of Exchange |
|
•
|
As evidenced from the
request letter.
|
|
|
|
| (5)
Visa Fees |
| Documentation required |
|
•
|
Request letter from
applicant certifying that the remittance
represents visa fees and the amount
remitted during the year so far is
"Rs. XYZ"
|
|
•
|
Details of amount remittable
in Indian Rupees
|
|
•
|
FEMA declaration-cum-Form
A2 |
|
| Quantum of Exchange |
|
•
|
Indian Rupees remittable
(as in request letter) converted into
foreign currency
|
|
|
|
| (6)
Processing Fees as required by Foreign Governments/
Registration/ Subscription/ Membership Fees
to International Organizations
|
| Documentation required |
|
•
|
Request letter from
the applicant with a copy of demand
notice received from Foreign Governments
(including Portuguese) or International
Organizations indicating amount payable
|
|
•
|
FEMA
declaration-cum-Form A2
|
|
| Quantum of Exchange |
|
•
|
As evidenced from the
demand notice receivedy
|
|
|
|
| | Note: Conditions
Apply. Services offered above and related partners for the same may change at
any time without prior notice. Requirements and quantities as described above
are in accordance with RBI/ AML/ FERA/ FEMA/ AD II guidelines and may change at
any time without prior notice. Please contact your nearest RRSB Forex branch for
latest details. | | | | |
| |
