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of <h1>Application Form A2 for Foreign Exchange Under FEMA: Details, Purpose, Authorization, and Compliance with RBI Limits.</h1> The document is an application form (Form A2) for drawing foreign exchange under the Foreign Exchange Management Act (FEMA) for purposes other than imports and intermediary trade. It requires the applicant to provide personal details, the purpose of remittance, and authorize a bank to debit their account for the transaction. The form includes a declaration ensuring compliance with the Liberalised Remittance Scheme limits set by the Reserve Bank of India. It also includes a list of purpose codes for reporting under the Foreign Exchange Transactions Electronic Reporting System (FETERS), covering various categories like capital account transactions, travel, insurance, and more.
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