Outward Remittances can be made by an account holder subject to prevailing regulatory and operational procedures. The outward remittances could be done for the below purposes.
- Payments related to Education
- Service related payments
- Repatriation of Migration allowances
- Imports
- Repatriation of investments and earnings
- Any other, as permitted by the regulator.
Currency
Remittances could be effected in any designated foreign currency and in currencies specified by the bank.
How to get started ?
A Remittance application form should be completed and submitted to the bank for processing.
Application 1 : Fill in the application here. or download application
Application 2 : Form I
Transmission Notification
Once the transmission is done, the applicant would be notified via email with all the details of the remittance.
