A2 Cum Retail Outward Application Form – Fill Out and Use This PDF

A2 Cum Retail Outward Application Form PDF Details

The A2 Cum Retail Outward Remittance Application form is the official document required by Indian banks for processing foreign exchange transactions under the Foreign Exchange Management Act (FEMA) 1999 and the Reserve Bank of India Liberalized Remittance Scheme (LRS). It captures applicant details, beneficiary information, remittance amount, and the purpose code that classifies the transaction for regulatory reporting.

How to fill out the A2 Cum Retail Outward Application form:

1. Enter your name, address, PAN number, and contact details in block capital letters with a black ink pen.
2. Provide the beneficiary name, full address, and the receiving bank SWIFT code or IBAN.
3. State the remittance amount in foreign currency or the equivalent Indian rupee amount.
4. Select the correct purpose code from the list on the reverse of the form. Common codes: S0001 (family maintenance), S0301 (education fees abroad), S0101 (business travel), S0305 (studies abroad), and S1301 (investment in equity abroad).
5. Choose the charges arrangement: SHA (shared between remitter and beneficiary), OUR (remitter pays all charges), or BEN (beneficiary pays all charges).
6. Sign the declaration confirming that the transaction is compliant with FEMA 1999 and falls within the annual LRS limit of USD 250,000 per financial year.
7. Attach supporting documents such as proof of identity, proof of address, and purpose evidence (admission letters, fee receipts, or maintenance invoices).

For related banking and remittance forms, see the iRemit Remittance Application Form, the Wire Transfer Request Form, or the Axis Bank KYC Form.