FORM A2 (To be completed by the applicant) (For payments other

Annex

FORM A2

(To be completed by the applicant)

(For payments other

than imports and

remittances covering

intermediary trade)

Application for

Remittance Abroad

AD Code No.__________________________

Form No._____________________________

(To be filled in by the Authorised Dealer)

Currency_____ Amount ___Equivalent to Rs. ____

(To be completed by the Authorised Dealer)

I/We _____________________________________________________________

(Name of applicant remitter)

PAN No.

__________________________________________________________

Address___________________________________________________________

authorize

__________________________________________________________________

(Name of AD branch)

To debit my Savings Bank/ Current/ RFC/ EEFC A/c. No. ____________________

together with their 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 travelers cheques for __________________________________

* d) Issue foreign currency notes for __________________________________

Amount (specify currency) __________________________________

* (Strike out whichever is not applicable) for the purpose/s indicated below

Sr.

No.

Whether under LRS

(Yes/No)

Purpose Code

Description

As per the Annex

(Remitter should put a tick (√ ) against an appropriate purpose code. In case of doubt/

difficulty, the AD bank should be consulted).

Inserted vide AP (Dir) series Circular 50 dated February 11, 2016. Prior to insertion it read as Annex 1, which has since

been replaced with effect from the same date.

Modified vide AP (DIR) Series Circular No. 32 dated June 19, 2018. Prior to modification, it read “PAN No. (For

remittances exceeding USD 25,000 and for all capital account transactions)”

Declaration

(Under FEMA 1999)

1. # I, ………………. …………(Name), hereby declare that the total amount of foreign

exchange purchased from or remitted through, all sources in India during the financial

year including this application is within the overall limit of the Liberalised Remittance

Scheme prescribed by the Reserve Bank of India and certify that the source of funds

for making the said remittance belongs to me and the foreign exchange will not be

used for prohibited purposes.

Details of the remittances made/transactions effected under the Liberalised

Remittance Scheme in the current financial year (April- March) ..……..

Sl.

Date

Amount

Name and address of AD branch/FFMC through which

the transaction has been effected

# The total amount of foreign exchange purchased from or remitted through, all

sources in India during this calendar year including this application is within USD

_______________________ (USD ____________) the annual limit prescribed by

Reserve Bank of India for the said purpose.

3. # Foreign exchange purchased from you is for the purpose indicated above.

# (Strike out whichever is not applicable )

Signature of the applicant

(Name)

Date:

Certificate by the Authorised Dealer

This is to certify that the remittance is not being made by/ to ineligible entities and that the

remittance is in conformity with the instructions issued by the Reserve Bank from time to

time under the Scheme.

Name and designation of the authorised official:

Stamp and seal

Signature:

Date:

Place:

Purpose Codes for Reporting under FETERS

A. Payment Purposes (for use in BOP file)

Gr. No.

Purpose Group

Name

Purpose

Code

Description

Capital Account

S0017

Acquisition of non-produced non-financial assets (Purchase of intangible

assets like patents, copyrights, trademarks etc., land acquired by

government, use of natural resources) – Government

S0019

Acquisition of non-produced non-financial assets (Purchase of intangible

assets like

patents, copyrights, trademarks etc., use of natural

resources) – Non-Government

S0026

Capital transfers ( Guarantees payments, Investment Grand given by

the government/international organisation, exceptionally large Non

-life

insurance claims)

– Government

S0027

Capital transfers ( Guarantees payments, Investment Grand given by

the Non

-government, exceptionally large Non-life insurance claims) –

Non

-Government

S0099

Other capital payments not included elsewhere

Financial Account

Foreign Direct

Investments

S0003

Indian Direct investment abroad (in branches & wholly owned

subsidiaries) in equity Shares

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 Portfolio

Investments

S0001

Indian Portfolio investment abroad – in equity shares

S0002

Indian Portfolio investment abroad – in debt instruments

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

Commercial

Borrowings

S0011

Loans extended to Non-Residents

S0012

Repayment of long & medium term loans with original maturity above

one year received from Non

-Residents

Short term

Loans

S0013

Repayment of short term loans with original maturity up to one year

received from Non

-Residents

Banking Capital

S0014

Repatriation of Non-Resident Deposits (FCNR(B)/NR(E)RA etc)

S0015

Repayment of loans & overdrafts taken by ADs on their own account.

S0016

Sale of a foreign currency against another foreign currency

Financial

Derivatives and

Others

S0020

Payments made on account of margin payments, premium payment and

settlement amount etc. under Financial derivative transactions.

S0021

Payments made on account of sale of share under Employee stock

option

S0022

Investment in Indian Depositories Receipts (IDRs)

Gr. No.

Purpose Group

Name

Purpose

Code

Description

S0023

Opening of foreign currency account abroad with a bank

External

Assistance

S0024

External Assistance extended by India. e.g. Loans and advances

extended by India to Foreign governments under various agreements

S0025

Repayments made on account of External Assistance received by India.

Imports

S0101

Advance payment against imports made to countries other than Nepal

and Bhutan

S0102

Payment towards imports- settlement of invoice other than Nepal and

Bhutan

S0103

Imports by diplomatic missions other than Nepal and Bhutan

S0104

Intermediary trade/transit trade, i.e., third country export passing through

India

S0108

Goods acquired under merchanting / Payment against import leg of

merchanting trade*

S0109

Payments made for Imports from Nepal and Bhutan, if any

Transport

S0201

Payments for surplus freight/passenger fare by foreign shipping

companies 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) –Shipping companies

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

Gr. No.

Purpose Group

Name

Purpose

Code

Description

S0224

Postal & Courier services by others

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

international credit cards transactions)

Construction

Services

S0501

Construction of projects abroad by Indian companies including import of

goods at project site abroad

S0502

Cost of construction etc. of projects executed by foreign companies in

India.

Insurance and

Pension Services

S0601

Life Insurance premium except term insurance

S0602

Freight insurance – relating to import & export of goods

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 non-life insurance; and life insurance

(only 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

Financial Services

S0701

Financial intermediation, except investment banking - Bank charges,

collection charges, LC charges etc.

S0702

Investment banking – brokerage, under writing commission etc.

S0703

Auxiliary services – charges on operation & regulatory fees, custodial

services, depository services etc.

Telecommunicatio

Computer &

Information

Services

S0801

Hardware consultancy/implementation

S0802

Software consultancy / implementation

S0803

Data base, data processing charges

S0804

Repair and maintenance of computer and software

S0805

News agency services

S0806

Other information services- Subscription to newspapers, periodicals

S0807

Off-site software imports

S0808

Telecommunication services including electronic mail services and voice

mail services

S0809

Satellite services including space shuttle and rockets etc.

Charges for the

use

intellectual

property

(not

included elsewhere)

S0901

Franchises services

S0902

Payment for use, through licensing arrangements, of produced originals

or prototypes (such as

manuscripts and films), patents, copyrights,

trademarks and industrial processes etc.

Other Business

Services

S1002

Trade related services – commission on exports / imports

Gr. No.

Purpose Group

Name

Purpose

Code

Description

S1003

Operational leasing services (other than financial leasing) without

operating crew, including charter hire

- Airlines companies

S1004

Legal services

S1005

Accounting, auditing, book-keeping services

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 on–site processing services analysis of ores etc.

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

Personal, Cultural

Recreational

services

S1101

Audio-visual and related services like Motion picture and video tape

production, distribution and projection 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

on-site)

S1109

Other Personal, Cultural & Recreational services

Govt. not

included

elsewhere

S1201

Maintenance of Indian embassies abroad

S1202

Remittances by foreign embassies in India

Secondary

Income

S1301

Remittance for family maintenance and savings

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

charitable 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

Gr. No.

Purpose Group

Name

Purpose

Code

Description

Primary Income

S1401

Compensation of employees

S1402

Remittance towards interest on Non-Resident deposits

(FCNR(B)/NR(E)RA, etc.)

S1403

Remittance towards interest on loans from Non-Residents (ST/MT/LT

loans)

e.g. 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

equity and investment fund shares

Others

S1501

Refunds / rebates / reduction in invoice value on account of exports

S1502

Reversal of wrong entries, refunds of amount remitted for non-exports

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)

Maintenance and

repair

services

(not included

elsewhere)

S1601

Payments on account of maintenance and repair services rendered for

Vessels, ships, boats, warships, etc.

S1602

Payments on account of maintenance and repair services rendered for

aircrafts, space shuttles,

rockets, military aircrafts, helicopters, etc.

Manufacturing

services (goods

for processing)

S1701

Payments for processing of goods