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  • Form A2- Application For Drawal Of Foreign Exchange

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Form A2 Application cum Declaration (To be completed by the applicant) Application for drawal of foreign exchange I. Details of the applicant a. b. Address c. II. Name Account No. Details of the foreign.

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How to fill out the Form A2- Application For Drawal Of Foreign Exchange online

Filling out the Form A2 is a vital step for individuals seeking to draw foreign exchange. This guide will walk you through the components of the form and provide clear, step-by-step instructions for completing it online.

Follow the steps to complete the application effectively.

  1. Click ‘Get Form’ button to obtain the form and open it for completion.
  2. In the first section, fill out your personal details. Include your name, complete address, and account number in the respective fields.
  3. Next, specify the details of the foreign exchange required. Indicate the amount in the specified currency and state the purpose of the foreign exchange in the provided space.
  4. Authorize the transaction by filling out the account section. Indicate whether you would like to debit your Savings Bank, Current, RFC, or EEFC account, and provide the account number.
  5. Choose the method for receiving the foreign exchange. You can select to issue a draft, effect a remittance, issue traveler's cheques, or request foreign currency notes. Provide the beneficiary's name and address, as well as any relevant bank details, as necessary.
  6. At this point, make sure to strike out any options that do not apply to your request to ensure clarity.
  7. Proceed to the declaration section. Fill in your name, the total amount of foreign exchange purchased this calendar year, and confirm that it is within the prescribed annual limit set by the Reserve Bank of India.
  8. Review all details provided for accuracy, then add your signature and date the application before submission.
  9. Finally, save the changes made to the form, and choose to download, print, or share the completed application as needed.

Start filling out your documents online today to ensure a smooth application process.

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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 cum 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.

The A2 form and the TCS is applicable if you choose to transfer your funds with one of our Domestic options in India (INR transfer). These are necessary for all international transfers out of India.

A1 - Application for Remittance in Foreign Currency (For Import Payments Only) 4. A1 - Application for Transfer of Indian Rupees to the Account of a Non-Resident Bank. 5. A2 - Application for Remittance Abroad (For Payments other than Imports and Remittances Covering Intermediary Trade)

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.

Certificate by the Authorised Dealer 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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