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Outward remittance is a transfer of funds in the form of foreign exchange by a person from India, to a beneficiary outside India (except for Nepal and Bhutan) for any bonafide purposes as permissible under Foreign Exchange Management Act (FEMA), 1999.
Retail Outward Remittance Application \u2013 A2 cum LRS Declaration. PAN card copy. Credit card bill or invoice. In case the credit card issuing bank has appointed collection agency for recovering dues Letter from collection agency quoting credit card details i.e. card holder's name, credit card number, and amount due.
The migrant sender pays the remittance to the sending agent using cash, check, money order, credit card, debit card, or a debit instruction sent by e-mail, phone, or through the Internet. The sending agency instructs its agent in the recipient's country to deliver the remittance.
Retail Outward Remittance Application \u2013 A2 cum LRS Declaration. PAN card copy. Credit card bill or invoice. In case the credit card issuing bank has appointed collection agency for recovering dues Letter from collection agency quoting credit card details i.e. card holder's name, credit card number, and amount due.
Ans. Under the Liberalised Remittance Scheme, all resident individuals, including minors, are allowed to freely remit up to USD 2,50,000 per financial year (April \u2013 March) for any permissible current or capital account transaction or a combination of both.

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A transfer instruction sent from overseas via SWIFT should reach the recipient's Bangkok Bank account within 1-2 working days.
What is the amount of Foreign and Thai currency that visitors are allowed to bring into or out of Thailand? If you carry any foreign currency of more than USD 20,000 into or out of Thailand, you need to file a report to the Customs Department. This report is required by the \u201cMinisterial Regulation (No.
2 to 3 working days are set as the turnaround time for processing Telegraphic Transfers. However, incomplete applications or requests which require further details would be processed after obtaining the required details.
For Thai currency (Baht), any person can bring total amount not exceed THB500,000 to any Thailand's bounded countries and not exceed THB50,000 to any destination countries. More than that mentioned amount, you have to declare to a Customs Officer or exchange to others currency before departing from Thailand.
A person making a remittance (a payment) to a Non Resident or a Foreign Company has to submit Form 15CA. This form is submitted online. In some cases, a certificate from a Chartered Accountant in Form 15CB is required before uploading Form 15CA online.

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