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FinanceLane
Home News Feed Advisory

FAQs answered on sending money abroad

FinanceLanebyFinanceLane
August 10, 2022
in Advisory, Investments, News Feed, Savings, Tax Planning, Wealth
Reading Time: 1 min read

Which documents are needed?

You will have to submit the PAN, identity and address proofs, and A2 cum LRS declaration form. Depending on the purpose of remittance, you may also have to provide specific documents, such as passport, visa, ticket, invoices from travel agency, or as specified by the bank or transferring agency. If you are sending money to a non-resident individual or a foreign company, you will also need to submit Form 15CA, and in some cases, Form 15CB, which is a certificate from a chartered accountant verifying the tax paid.

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