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Form A2 Application cum Declaration (To be completed by the applicant) Application for drawal of foreign exchange I. Details of.
Therefore it is mandatory to file online Form A2. The application cum declaration for purchase of foreign exchange under the Liberalized Remittance Scheme (LRS) of USD 250,000 has been clubbed with Form A2. Form A2 will be submitted to the Authorized dealer bank mentioning the Purpose Code for the remittance.
FORM A2. (for payments other than imports and remittances covering intermediary trade) Application for FCY Cash/ FCY DD/ Outward Remittance. Beneficiary Name Beneficiary Address PAN No./ Form 60 (*): Passport Details (**): No. Residential Status: (please tick the correct option)
Form A2 is a FEMA declaration cum application for the purchase of foreign exchange for remittance purposes. The remitter needs to fill up the details on the amount of remittance, beneficiary detail and the NRI repatriation purpose code to indicate the reason for repatriation.
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.
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This is a requirement set by the Reserve Bank of India, which is the apex bank of India. The purpose of this document is to declare the total amount transferred abroad from the remitter bank account in the given financial year. The financial year runs from April 1st to March 31st every year.
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.
Therefore it is mandatory to file online Form A2. The application cum declaration for purchase of foreign exchange under the Liberalized Remittance Scheme (LRS) of USD 250,000 has been clubbed with Form A2. Form A2 will be submitted to the Authorized dealer bank mentioning the Purpose Code for the remittance.
Under the Liberalised Remittance Scheme (LRS), the Indian government and the Reserve Bank of India (RBI) now require an LRS Declaration form (fully titled \u201cA2 cum LRS Declaration\u201d) to transfer funds abroad. If you select to pay via \u201cDomestic Bank Transfer in INR\u201d, you may be required to fill out and submit this form.
Under the Liberalised Remittance Scheme (LRS), the Indian government and the Reserve Bank of India (RBI) now require an LRS Declaration form (fully titled \u201cA2 cum LRS Declaration\u201d) to transfer funds abroad. If you select to pay via \u201cDomestic Bank Transfer in INR\u201d, you may be required to fill out and submit this form.

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