Procedure - money remittance from India to Canada

[wig sinbad]

how could money be remitted from India to Canada? 1. The procedures 2. Documentation required 3. conduits

[Guest]

Form A1 required in case of import alongwith Import invoice, packing list,Bill of Lading Negotiable copy, Certificate of origin etc. Form A2 required, otherwise. Please also check with your Authorised Dealer i.e. your banker.

AI Summary

Understanding Remittance from India to Canada: Use Form A1 for Imports, Form A2 for Other Transactions. A user inquired about the procedure for remitting money from India to Canada, specifically regarding the necessary procedures, documentation, and conduits. The response indicated that Form A1 is required for imports, along with documents such as the import invoice, packing list, negotiable copy of the Bill of Lading, and Certificate of Origin. For other transactions, Form A2 is necessary. It was also advised to consult with an authorized dealer or banker for further guidance.