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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

Money remittance procedures require prescribed forms for import-related transfers and liaison with an authorised dealer. Remitting money from India to Canada requires prescribed forms and liaison with an authorised dealer: Form A1 for import-related remittances accompanied by import invoice, packing list, negotiable bill of lading copy and certificate of origin; otherwise Form A2 applies. (AI Summary)
FEMA
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Guest on Dec 1, 2009
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.
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