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Exchange Control Manual


Application for Remittance of Gift or towards Maintenance Expenses to Non-Residents
Date : Jun 01, 2005
8

II A.

Casual (Gift) Remittances

   
 

Gift remittance to persons residing abroad

   
 

Documentation:

Form A2 and a declaration as under:

"I hereby declare that including the remittance of (currency and amount) ……. now applied for, I have not remitted to (Name of the beneficiary) ……….aggregate amount exceeding the prescribed limit of US $ 1,000 in the calendar year ……"

 

Signature....................................................

 

Name of the applicant…………………………...........

 

Address: …………………………………………..........

Place …………

Date ………….

 

Quantum of exchange:

   
 

Upto U.S.$ 1,000 per calendar year per person/corporate for each beneficiary.


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