FORM A2 (To be completed by the - Reserve Bank of India: Fill out & sign online

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What is A1 A2 import payment?

Import Export Data, Export Import shipment data from Customs. As per the extant instructions, residents while making remittances exceeding USD 500 towards imports are required to apply in Form A1 and for other remittances in Form A2.

What is the purpose of A2 form?

This is to docHub 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.

What is the difference between Form A1 and A2?

A2 form has the same details like A1 form but in this case we require additional documentation like for 15 CA 15 CB which is authorized from a CA firm. Once the CA firm submits the 15CA 15 CB. The same will be submitted to bank along with Covering letter to bank.

What is the form A2 requirement?

Foreign Remittance Declaration Form A2 is a document used in India for the transfer of money abroad. It is a mandatory form that needs to be submitted to the authorised dealer (a bank or financial institution authorised by the Reserve Bank of India) for any outward remittance of foreign exchange.

Who fills A2 form?

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.

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