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How to fill out the Bankform online
Filling out the Bankform online is a straightforward process that allows you to apply for remittance abroad efficiently. This guide provides step-by-step instructions to help you complete the form accurately and confidently.
Follow the steps to complete the Bankform online.
- Click the ‘Get Form’ button to obtain the Bankform and open it in your preferred format.
- Begin by entering the AD Code Number in the designated field. This is usually provided by your Authorised Dealer.
- Fill in the Form Number as specified by your Authorised Dealer in the corresponding section.
- For serial number, refer to the instructions provided by the Reserve Bank of India and enter it in the appropriate space.
- In the section labeled 'Application for Remittance Abroad', indicate the currency you wish to purchase along with the amount. Accurately represent this amount in words as well.
- Provide the name and address of the Authorised Dealer facilitating the transaction.
- Next, fill in the name and address of the beneficiary who will receive the remittance.
- Specify how the amount will be sent, whether by remitting the amount or by crediting to the account of the non-resident bank. Include the full title of the account and the country of the bank.
- Tick the appropriate purpose code that corresponds to the remittance purpose from the list provided. If unsure, consult your banker for guidance.
- Complete the declaration section, confirming that the information provided is truthful and that you will comply with the relevant regulations regarding the use of the foreign exchange.
- If traveling, enter the relevant travel details, including the destination and purpose of the trip.
- Indicate the preferred form of currency required (e.g., notes and coins, traveler’s checks, draft, etc.) and fill in the respective amounts.
- Provide your full name, nationality, and address in the section for applicant details.
- Sign and date the form where indicated.
- Finally, review all entered information for accuracy before saving changes. You can then download, print, or share the completed form as needed.
Complete your Bankform online today and ensure a smooth remittance process.
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