In an ever-globalizing economy, transactions that cross international borders are not just commonplace but an essential part of business operations for many. Among the plethora of documentation that facilitates these cross-border transactions, the HDFC A2 form stands out for its specific purpose. This form, used primarily for remittances abroad for purposes other than imports and intermediary trade, is a critical tool in the exchange of currency and the execution of international payments. It necessitates detailed information from the applicant, including personal details, the amount in foreign currency required, and the specifics of the beneficiary to whom the remittance is intended. Furthermore, it obligates the applicant to select the method of remittance, which can range from issuing a draft to direct remittances or even issuing travelers' cheques or foreign currency notes. An important aspect of this form is its adherence to the regulatory frameworks set by the Reserve Bank of India (RBI), notably under the FEMA (Foreign Exchange Management Act) 1999, ensuring that all transactions comply with the legal requirements. Additionally, the form includes a declaration by the applicant about the total amount of foreign exchange purchased or remitted through various sources in India, ensuring the transaction does not exceed the prescribed annual limit. By including purpose codes for reporting under FETERS (Foreign Exchange Transactions Electronic Reporting System), the form also simplifies the categorization and reporting of foreign exchange transactions to regulatory authorities.
| Question | Answer |
|---|---|
| Form Name | HDFC Form A2 |
| Form Length | 3 pages |
| Fillable? | Yes |
| Fillable fields | 56 |
| Avg. time to fill out | 12 min 1 sec |
| Other names | hdfc bank form a2 editable, how to fill form a2 hdfc bank, hdfc form a2, form a2 hdfc |
Form A2
(For payments other than imports and remittances covering intermediary trade) |
Application for remittances abroad
AD Code No.:
Form No.:
Currency:
Amount:
Equivalent to Rs.
(To be filled in by Authorised Dealer)
(To be completed by the applicant)
I.Details of the applicant -
a.Name
b.Address
c.Account No.
II.Details of the foreign exchange required 1. Amount (Specify currency)
III.I authorise you to debit my Saving Bank/Current/RFC/EEFC Account No._________________ together with your charges and
*a) Issue a draft
Beneficiary's Name
Address
*b) Effect the foreign exchange remittance directly -
1.Beneficiary's Name
2.Name and address of the Bank
3.Account No.
*c) Issue travellers cheques for
*d) Issue foreign currency notes for
* (Strike out whichever is not applicable)
Sr. No.
Purpose Group Name
Purpose Code
Description
As per Annexure - I
Signature
DECLARATION
(Under FEMA 1999)
I, _________________________ declare that -
*1) The total amount of foreign exchange purchased from or remitted through, all sources in India during this calendar year includ- ing this application is within USD _____________ (USD ____________________________________________________________only) the annual limit prescribed by Reserve Bank of India for the said purpose.
*2) Foreign exchange purchased from you is for the purpose indicated above.
3)We hereby declare that we have made the request to purchase foreign exchange (if applicable) only after utilizing the available balances, if any, in all our EEFC account(s)/RFC(D)(s)/ Diamond Dollar Account(s) across all banks or because we do not have any EEFC account(s) /RFC(D)(s)/ Diamond Dollar Account(s) across any bank, as the case may be.
*(Strike out whichever is not applicable)
Signature : __________________________ |
(The purpose codes are on the reverse) |
|
Name |
: __________________________ |
|
Date |
: __________________________ |
|
Version 1.3
Annex I: Purpose codes for Reporting under FETERS A. Payment Purposes(for use in BOP file)
ADs should put a tick () against an appropriate purpose code. (In case of doubt/difficulty, consult customer/RBI.)
GR. |
Purpose |
|
Purpose |
|
|
No. |
Group Name |
Description |
|||
Code |
|
|
|||
|
|
|
|
|
|
0 |
Capital |
|
|
|
Acquisition of |
|
Account |
|
S0017 |
|
sets like patents, copyrights, trademarks etc., land acquired by government, |
|
|
|
|
|
use of natural resources) – Government |
|
|
|
|
|
|
|
|
|
|
|
Acquisition of |
|
|
|
S0019 |
|
assets like patents, copyrights, trademarks etc., use of natural resources) |
|
|
|
|
|
– |
|
|
|
|
|
|
|
|
|
|
|
Capital transfers ( Guarantees payments, Investment Grand given by the |
|
|
|
S0026 |
|
government/international organisation, exceptionally large |
|
|
|
|
|
ance claims) – Government |
|
|
|
|
|
|
|
|
|
|
|
Capital transfers ( Guarantees payments, Investment Grand given by the |
|
|
|
S0027 |
|
|
|
|
|
|
|
Government |
|
|
|
|
|
|
|
|
|
S0099 |
|
Other capital payments not included elsewhere |
|
|
|
|
|
|
|
Financial Account |
|
|
||
|
|
|
|
|
|
|
Foreign |
|
S0003 |
|
Indian Direct investment abroad (in branches & wholly owned subsidiaries) |
|
Direct |
|
|
in equity Shares |
|
|
|
|
|
||
|
Investments |
|
|
|
|
|
S0004 |
|
Indian Direct investment abroad (in subsidiaries and associates) in debt |
||
|
|
|
|
||
|
|
|
|
instruments |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S0005 |
|
Indian investment abroad – in real estate |
|
|
|
|
|
|
|
|
|
S0006 |
|
Repatriation of Foreign Direct Investment made by overseas Investors in |
|
|
|
|
India – in equity shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S0007 |
|
Repatriation of Foreign Direct Investment in made by overseas Investors |
|
|
|
|
India – in debt instruments |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S0008 |
|
Repatriation of Foreign Direct Investment made by overseas Investors in |
|
|
|
|
India – in real estate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Foreign |
|
S0001 |
|
Indian Portfolio investment abroad – in equity shares |
|
Portfolio |
|
|
|
|
|
S0002 |
|
Indian Portfolio investment abroad – in debt instruments |
||
|
Investments |
|
|||
|
S0009 |
|
Repatriation of Foreign Portfolio Investment made by overseas Investors |
||
|
|
|
|
||
|
|
|
|
in India – in equity shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S0010 |
|
Repatriation of Foreign Portfolio Investment made by overseas Investors in |
|
|
|
|
India – in debt instruments |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
External |
|
S0011 |
|
Loans extended to |
|
Commercial |
|
|
|
|
|
S0012 |
|
Repayment of long & medium term loans with original maturity above one |
||
|
Borrowings |
|
|||
|
|
year received from |
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
Short |
|
S0013 |
|
Repayment of short term loans with original maturity up to one year re- |
|
term Loans |
|
ceived from |
||
|
|
|
|
|
|
|
Banking |
S0014 |
|
Repatriation of |
|
|
Capital |
|
|
|
|
|
|
S0015 |
|
Repayment of loans & overdrafts taken by ADs on their own account. |
|
|
|
|
|
||
|
|
|
|
|
|
|
|
|
S0016 |
|
Sale of a foreign currency against another foreign currency |
|
|
|
|
|
|
|
Financial |
S0020 |
|
Payments made on account of margin payments, premium payment and |
|
|
Derivatives |
|
settlement amount etc. under Financial derivative transactions. |
||
|
and Others |
|
|
|
|
|
S0021 |
|
Payments made on account of sale of share under Employee stock option |
||
|
|
|
|
|
|
|
|
|
S0022 |
|
Investment in Indian Depositories Receipts (IDRs) |
|
|
|
|
|
|
|
|
|
S0023 |
|
Remittances made under Liberalised Remittance Scheme (LRS) for Individuals |
|
|
|
|
|
|
|
External |
|
S0024 |
|
ExternalAssistanceextendedbyIndia.e.g.LoansandadvancesextendedbyIndia |
|
Assistance |
|
to Foreign governments under various agreements |
||
|
|
|
|||
|
|
|
|
|
|
|
|
|
S0025 |
|
RepaymentsmadeonaccountofExternalAssistancereceivedbyIndia. |
|
|
|
|
|
|
1 |
Transport |
S0201 |
|
Payments for surplus freight/passenger fare by foreign shipping compa- |
|
|
|
|
|
nies operating in India |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S0202 |
|
Payment for operating expenses of Indian shipping companies operating |
|
|
|
|
abroad |
|
|
|
|
|
|
|
|
|
|
S0203 |
|
Freight on imports – Shipping companies |
|
|
|
|
|
|
|
|
|
S0204 |
|
Freight on exports – Shipping companies |
|
|
|
|
|
|
|
|
|
S0205 |
|
Operational leasing/Rental of Vessels (with crew) |
|
|
|
|
|
|
|
|
|
S0206 |
|
Booking of passages abroad – Shipping companies |
|
|
|
|
|
|
|
|
|
S0207 |
|
Payments for surplus freight/passenger fare by foreign Airlines companies |
|
|
|
|
operating in India |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S0208 |
|
Operating expenses of Indian Airlines companies operating abroad |
|
|
|
|
|
|
|
|
|
S0209 |
|
Freight on imports – Airlines companies |
|
|
|
|
|
|
|
|
|
S0210 |
|
Freight on exports – Airlines companies |
|
|
|
|
|
|
|
|
|
S0211 |
|
Operational leasing / Rental of Vessels (with crew) – Airline companies |
|
|
|
|
|
|
|
|
|
S0212 |
|
Booking of passages abroad – Airlines companies |
|
|
|
|
|
|
|
|
|
S0214 |
|
Payments on account of stevedoring, demurrage, port handling charges |
|
|
|
|
etc.(Shipping companies) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S0215 |
|
Payments on account of stevedoring, demurrage, port handling charges, |
|
|
|
|
etc.(Airlines companies) |
|
|
|
|
|
|
|
|
|
|
S0216 |
|
Payments for Passenger - Shipping companies |
|
|
|
S0217 |
|
Other payments by Shipping companies |
|
|
|
|
|
|
|
|
|
S0218 |
|
Payments for Passenger - Airlines companies |
|
|
|
|
|
|
|
|
|
S0219 |
|
Other Payments by Airlines companies |
|
|
|
|
|
|
|
|
|
S0220 |
|
Payments on account of freight under other modes of transport (Internal |
|
|
|
|
Waterways, Roadways, Railways, Pipeline transports and others) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S0221 |
|
Payments on account of passenger fare under other modes of transport |
|
|
|
|
(Internal Waterways, Roadways, Railways, Pipeline transports and others) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S0222 |
|
Postal & Courier services by Air |
|
|
|
|
|
|
|
|
|
S0223 |
|
Postal & Courier services by Sea |
|
|
|
|
|
|
|
|
|
S0224 |
|
Postal & Courier services by others |
|
|
|
|
|
|
2 |
Travel |
|
S0301 |
|
Business travel. |
|
|
|
|
|
|
|
|
|
S0303 |
|
Travel for pilgrimage |
|
|
|
|
|
|
|
|
|
S0304 |
|
Travel for medical treatment |
|
|
|
|
|
|
|
|
|
S0305 |
|
Travel for education (including fees, hostel expenses etc.) |
|
|
|
|
|
|
|
|
|
S0306 |
|
Other travel (including holiday trips and payments for settling internation- |
|
|
|
|
al credit cards transactions) |
|
|
|
|
|
|
|
3 |
Construc- |
S0501 |
|
Construction of projects abroad by Indian companies including import of |
|
|
tion |
Ser- |
|
goods at project site abroad |
|
|
vices |
|
|
|
|
|
|
S0502 |
|
Cost of construction etc. of projects executed by foreign companies in India. |
|
|
|
|
|
||
|
|
|
|
|
|
4 |
Insurance |
S0601 |
|
Life Insurance premium except term insurance |
|
|
and Pension |
|
|
|
|
|
S0602 |
|
Freight insurance – relating to import & export of goods |
||
|
Services |
|
|
|
|
|
S0603 |
|
Other general insurance premium including reinsurance premium; and |
||
|
|
|
|
||
|
|
|
|
term life insurance premium |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S0605 |
|
Auxiliary services including commission on insurance |
|
|
|
|
|
|
|
|
|
S0607 |
|
Insurance claim Settlement of |
|
|
|
|
term insurance) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S0608 |
|
Life Insurance Claim Settlements |
|
|
|
|
|
|
|
|
|
S0609 |
|
Standardised guarantee services |
|
|
|
|
|
|
|
|
|
S0610 |
|
Premium for pension funds |
|
|
|
S0611 |
|
Periodic pension entitlements e.g. monthly quarterly or yearly payments |
|
|
|
|
of pension amounts by Indian Pension Fund Companies. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S0612 |
|
Invoking of standardised guarantees |
|
|
|
|
|
|
GR. |
Purpose |
|
Purpose |
|
|
No. |
Group Name |
Description |
|||
Code |
|
|
|||
|
|
|
|
|
|
5 |
Financial |
S0701 |
|
Financial intermediation, except investment banking - Bank charges, col- |
|
|
Services |
|
|
lection charges, LC charges etc. |
|
|
|
|
|
||
|
|
|
|
|
|
|
|
|
S0702 |
|
Investment banking – brokerage, under writing commission etc. |
|
|
|
|
|
|
|
|
|
S0703 |
|
Auxiliary services – charges on operation & regulatory fees, custodial ser- |
|
|
|
|
vices, depository services etc. |
|
|
|
|
|
|
|
|
|
|
|
|
|
6 |
Telecommu- |
S0801 |
|
Hardware consultancy/implementation |
|
|
nication, |
|
|
|
|
|
|
S0802 |
|
Software consultancy / implementation |
|
|
Computer & |
|
|||
|
S0803 |
|
Data base, data processing charges |
||
|
Information |
|
|||
|
Services |
|
S0804 |
|
Repair and maintenance of computer and software |
|
|
|
|
||
|
|
|
|
|
|
|
|
|
S0805 |
|
News agency services |
|
|
|
|
|
|
|
|
|
S0806 |
|
Other information services- Subscription to newspapers, periodicals |
|
|
|
|
|
|
|
|
|
S0807 |
|
|
|
|
|
|
|
|
|
|
|
S0808 |
|
Telecommunication services including electronic mail services and voice |
|
|
|
|
mail services |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S0809 |
|
Satellite services including space shuttle and rockets etc. |
|
|
|
|
|
|
7 |
Charges |
for |
S0901 |
|
Franchises services |
|
the |
|
|
|
|
|
|
|
|
|
|
|
use of |
|
|
|
Payment for use, through licensing arrangements, of produced originals |
|
intellectual |
|
|
||
|
S0902 |
|
or prototypes (such as manuscripts and films), patents, copyrights, trade- |
||
|
p r o p e r t y |
|
|||
|
|
|
marks and industrial processes etc. |
||
|
n.i.e |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8 |
Other Busi- |
S1002 |
|
Trade related services – commission on exports / imports |
|
|
ness |
Ser- |
|
|
|
|
S1003 |
|
Operational leasing services (other than financial leasing) without operating |
||
|
vices |
|
|
||
|
|
|
crew, including charter hire- Airlines companies |
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S1004 |
|
Legal services |
|
|
|
|
|
|
|
|
|
S1005 |
|
Accounting, auditing, |
|
|
|
S1006 |
|
Business and management consultancy and public relations services |
|
|
|
S1007 |
|
Advertising, trade fair service |
|
|
|
|
|
|
|
|
|
S1008 |
|
Research & Development services |
|
|
|
|
|
|
|
|
|
S1009 |
|
Architectural services |
|
|
|
|
|
|
|
|
|
S1010 |
|
Agricultural services like protection against insects & disease, increasing of |
|
|
|
|
harvest yields, forestry services. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S1011 |
|
Payments for maintenance of offices abroad |
|
|
|
|
|
|
|
|
|
S1013 |
|
Environmental Services |
|
|
|
|
|
|
|
|
|
S1014 |
|
Engineering Services |
|
|
|
|
|
|
|
|
|
S1015 |
|
Tax consulting services |
|
|
|
|
|
|
|
|
|
S1016 |
|
Market research and public opinion polling service |
|
|
|
|
|
|
|
|
|
S1017 |
|
Publishing and printing services |
|
|
|
|
|
|
|
|
|
S1018 |
|
Mining services like |
|
|
|
|
|
|
|
|
|
S1020 |
|
Commission agent services |
|
|
|
|
|
|
|
|
|
S1021 |
|
Wholesale and retailing trade services. |
|
|
|
|
|
|
|
|
|
S1022 |
|
Operational leasing services (other than financial leasing) without operating |
|
|
|
|
crew, including charter hire- Shipping companies |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S1023 |
|
Other Technical Services including scientific/space services. |
|
|
|
|
|
|
|
|
|
S1099 |
|
Other services not included elsewhere |
|
|
|
|
|
|
9 |
Personal, |
|
|
|
|
|
Cultural & |
S1101 |
|
||
|
Recreational |
|
duction, distribution and projection services. |
||
|
services |
|
|
|
|
|
|
|
|
|
|
|
|
|
S1103 |
|
Radio and television production, distribution and transmission services |
|
|
|
|
|
|
|
|
|
S1104 |
|
Entertainment services |
|
|
|
|
|
|
|
|
|
S1105 |
|
Museums, library and archival services |
|
|
|
|
|
|
|
|
|
S1106 |
|
Recreation and sporting activities services |
|
|
|
|
|
|
|
|
|
S1107 |
|
Education (e.g. fees for correspondence courses abroad ) |
|
|
|
|
|
|
|
|
|
S1108 |
|
Health Service (payment towards services received from hospitals, doctors, |
|
|
|
|
nurses, paramedical and similar services etc. rendered remotely or |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S1109 |
|
Other Personal, Cultural & Recreational services |
10 |
Govt. |
not |
S1201 |
|
Maintenance of Indian embassies abroad |
|
included else- |
S1202 |
|
Remittances by foreign embassies in India |
|
|
where(G.n.i.e.) |
|
|||
|
|
|
|
|
|
11 |
Secondary |
S1301 |
|
Remittance for family maintenance and savings |
|
|
Income |
|
|
|
|
|
|
S1302 |
|
Remittance towards personal gifts and donations |
|
|
|
|
|
||
|
|
|
|
|
|
|
|
|
S1303 |
|
Remittance towards donations to religious and charitable institutions abroad |
|
|
|
|
|
|
|
|
|
S1304 |
|
Remittance towards grants and donations to other governments and chari- |
|
|
|
|
table institutions established by the governments. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S1305 |
|
Contributions/donations by the Government to international institutions |
|
|
|
|
|
|
|
|
|
S1306 |
|
Remittance towards payment / refund of taxes. |
|
|
|
|
|
|
|
|
|
S1307 |
|
Outflows on account of migrant transfers including personal effects |
|
|
|
|
|
|
12 |
Primary |
|
S1401 |
|
Compensation of employees |
|
Income |
|
|
|
|
|
|
S1402 |
|
Remittance towards interest on |
|
|
|
|
|
||
|
|
|
|
|
|
|
|
|
S1403 |
|
Remittance towards interest on loans from |
|
|
|
|
External Commercial Borrowings, Trade Credits, etc. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S1405 |
|
Remittance towards interest payment by ADs on their own account (to |
|
|
|
|
VOSTRO a/c holders or the OD on NOSTRO a/c.) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S1408 |
|
Remittance of profit by FDI enterprises in India (by branches of foreign |
|
|
|
|
companies including bank branches) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S1409 |
|
Remittance of dividends by FDI enterprises in India (other than branches) |
|
|
|
|
on equity and investment fund shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S1410 |
|
Payment of interest by FDI enterprises in India to their Parent company abroad. |
|
|
|
|
|
|
|
|
|
S1411 |
|
Remittance of interest income on account of Portfolio Investment in India |
|
|
|
|
|
|
|
|
|
S1412 |
|
Remittance of dividends on account of Portfolio Investment in India on eq- |
|
|
|
|
uity and investment fund shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
13 |
Others |
|
S1501 |
|
Refunds / rebates / reduction in invoice value on account of exports |
|
|
|
|
|
|
|
|
|
S1502 |
|
Reversal of wrong entries, refunds of amount remitted for |
|
|
|
|
|
|
|
|
|
S1503 |
|
Payments by residents for international bidding |
|
|
|
|
|
|
|
|
|
S1504 |
|
Notional sales when export bills negotiated/ purchased/ discounted are |
|
|
|
|
dishonored/ crystallised/ cancelled and reversed from suspense account |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
S1505 |
|
Deemed Imports (exports between SEZ, EPZs and Domestic tariff areas) |
|
|
|
|
|
|
14 |
Maintenance |
S1601 |
|
Payments on account of maintenance and repair services rendered for |
|
|
and repair |
|
|
Vessels, ships, boats, warships, etc. |
|
|
s e r v i c e s |
S1602 |
|
Payments on account of maintenance and repair services rendered for air- |
|
|
n.i.e |
|
|
||
|
|
|
crafts, space shuttles, rockets, military aircrafts, helicopters, etc. |
||
|
|
|
|
|
|
|
|
|
|
|
|
15 |
Manufactur- |
|
|
|
|
|
ing services |
S1701 |
|
Payments for processing of goods |
|
|
(goods |
for |
|
||
|
processing) |
|
|
|
|
|
|
|
|
|
|