Foreign Outward Remittance Transfer fe Hey Miscellaneous Remittances from India -Faciliy for Resident Indians Mise. Forex Outward Remittance facly is avallable under RB's Lberafizad Remittance Scheme for Resident Individuals. cellaneous Remittances from India. Factities for Residents [RSI Master Diection No. 07/2015-2016 dated 01.01.2016] exclusively for restdertinividval Parsonal segment) customers ofthe ‘Bank, whose PAN is already rogictorodIn CBS (mandatory), and wine have beon maintaining a deposit account fr a minimum period of ono yaar prior tothe remitance, The sallont foatures of the Facility: This fecilty is currently availabe in only five intemational curencies viz. USD, EUR and GBP. SGD, AUD. Currently the facility is avaiable fr 208 overseas dost Maximum amount ofa transfer n a day is INR 10.00 lacs or equivalent in foreign currency, converted st the Banks applicable TT Seling Card rate for the day A benectay (eeipient) must be added and activated before a remittance can be sent. During the first days after actvation, a total of INF. 5,00,000 or equivalent can be remited, A flat commission of USD 10, EUR 10, GBP 8, SGD 10, AUD 10 equivalent @ Bank's TT Seling Card rate forthe day inclusive of GST willbe recovered tations (as provided inthe overseas destination option) ‘All validrominance ordars recsived tl 16:30 Hire IST vill bs processed on tho camo dats. Romittance orders receWved afar this time will ba akon up for next forex business day (excluding Saturday / Sunday / and intervening holiday) All stalutry regulatory instuctions of RBI/ FEMA, and KYC and AML restrictions for foreign outward remittances willbe applicable (Onus ofall statutory / regulatory compliance in online application under the Faciliy, declaration under FEMA. furnishing of correct benelicary and beneficiary bank details etc. rests with the apalcant The Bank may, atts discretion, undertake validation ofthe information furnished and if nthe opinion of the Bank the emittance would not comply with ‘any regulation of aw, tho Bank reserves the right to not transmit the remitanca, User is advised to update his correct emailimob no etc Please read the Terms and Condltons and FAQ. By clicking on tha Procoad button, you confirm having read the tarms and conditions and agree to be bound by those.