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This is to certify that the remittance is not being made by/ to ineligible entities and that the remittance is in conformity with the instructions issued by the Reserve Bank from time to time under the Scheme.
Under the Liberalised Remittance Scheme (LRS), the Indian government and the Reserve Bank of India (RBI) now require an LRS Declaration form (fully titled A2 LRS Declaration) to transfer funds abroad. If you select to pay via Domestic Bank Transfer in INR, you may be required to fill out and submit this form.
Who should file Form A2? When Indian businesses send money abroad to pay international vendors for things like buying goods or services, they have to fill out a form called Form A2. This form is submitted to a special bank authorized by the Reserve Bank of India.
Unlike Form A1, which is geared towards larger transactions and trade-related remittances, Form A2 is specifically designed for smaller transactions and a diverse range of personal purposes such as travel expenses, education fees, medical costs, and more.
Form A2 for outward remittance is a vital document that enables you to send money outside India. This is a mandatory form that needs to be filled out by businesses hoping to make a wire transfer or any other type of large international business payment.

People also ask

Application about a Sublet or an Assignment - Form A2 You can apply for compensation from the subtenant if the subtenancy has ended and the subtenant is still living in the rental unit and not paying rent. The compensation is a daily amount and is based on the rent the subtenant was paying.
How to Fill Form A2 For Remittance Abroad Simple Guide Application Part (For Money Transfer Abroad) Step 1: Details of the Applicant (Remitter) Step 2: Details of the Foreign Exchange Required. Step 3: Details of the Beneficiary Abroad. Declaration Part. Step 4: Details of Remittances Done in Current Financial Year.

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