Fo rm A2

 

Application cum Declaration

(To be completed by the applicant)

Application for drawal of foreign exchange

 

I.                     Details of the applicant -

a.                     Name              : ____________________________

b.                     Address           : ____________________________________________

c.                     Account No.     :  _____________________

II.                   Details of the foreign exchange required

1.       Amount (Specify currency) : ___________________

2.       Purpose                  : __________________________________

III.                  I authorise you to debit my Saving Bank/Current/RFC/EEFC Account No._________________ together with your 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 travellers cheques for _____________________________

* d)       Issue foreign currency notes for _________________________

·         (Strike out whichever is not applicable)

Signature

 

 

 

Declaration

(Under FEMA 1999)

 

            I, _________________________ declare that -

*           1)         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 ________________________

___________________________________________________________only) the annual limit prescribed by Reserve Bank of India for the said purpose.

*           2)         Foreign exchange purchased from you is for the purpose indicated above.

·         (Strike out whichever is not applicable)

 

Signature 

 

Name _____________

Date :

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(The purpose codes are on the reverse)

For office use only

 

AD Code No. ________________________________

Form No. ___________________________________

Currency                   ________________

Amount                     ________________

 

Equivalent to Rs._______________

(To be filled in by Authorised Dealer)                                                         

 

 

ADs should put a tick ([) against an appropriate purpose code.  (In case of doubt/difficulty, consult customer/RBI.)

 


Code

 

 

Purpose

 

Capital Account Transactions (00)

 

 

 

S0001

 

Indian investment abroad in equity capital (shares)

S0002

 

Indian investment abroad in debt securities

S0003

 

Indian investment abroad in branches

 

S0004

 

Indian investment abroad in subsidiaries and associates

 

S0005

 

Indian investment abroad in real estate

 

S0006

 

Repatriation of Foreign Direct Investment in India- in equity shares

 

S0007

 

Repatriation of Foreign Direct Investment in India- in debt securities

 

S0008

 

Repatriation of Foreign Direct Investment in India in real estate

 

S0009

 

Repatriation of Foreign Portfolio Investment in India in equity shares

 

S0010

 

Repatriation of Foreign Portfolio Investment in India in debt securities

 

S0011

 

Loans extended to Non-Residents

 

S0012

 

Repayment of long and medium-term loans with original maturity above one year received from Non-Residents.

 

S0013

 

Repayment of short-term loans with original maturity up to one year received from Non-Residents.

 

S0014

 

Repatriation of Non-Resident Deposits (FCNRB/NRERA etc)

 

S0015

 

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

 

S0016

 

Sale of a foreign currency against another foreiqn currency

 

S0017

 

Purchase of intangible assets like patents, copyrights, trade marks etc.

 

S0018

 

Other capital  payments not included elsewhere

 

Transportation (02)

 

 

 

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 (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  (with  crew) -Airlines companies

 

S0212

 

Booking of passages abroad - Airlines companies

 

S0213

 

Payments on account of stevedoring, demurrage, port handling charges etc.

 

Travel (03)

 

 

 

S0301

 

Remittance towards Business travel.

 

S0302

 

Travel under basic travel quota (BTQ)

 

S0303

 

Travel for pilgrimage

 

S0304

 

Travel for medical treatment

 

S0305

 

Travel for education (including fees, hostel expenses etc.)

 

S0306

 

Other    travel    (international    credit cards)

 

Communication Services (04)

 

 

 

S0401

 

Postal services

 

S0402

 

Courier services

 

S0403

 

Telecommunication services

 

S0404

 

Satellite services

 

Construction Services (05)

 

 

 

S0501 ,

 

Construction of projects abroad by Indian companies including import of goods at project site

 

S0502

 

Payments for cost of construction etc. of projects executed      by foreign companies in India .

 

Insurance Services (06)

 

 

 

S0601

 

Payments for Life insurance premium

 

S0602

 

Freight insurance - relating to import & export of goods

 

S0603

 

Other general insurance premium

 

S0604

 

Reinsurance premium

 

S0605

 

Auxiliary services (commission on insurance)

 

S0606

 

Settlement of claims

 

Financial Services (07)

 

 

 

S0701

 

Financial intermediation except investment banking - Bank charges, collection charges, LC charges, cancellation of forward contracts, commission on financial leasing etc.

S0702

 

Investment banking - brokerage, underwriting commission etc.

S0703

 

Auxiliary services - charges on operation & regulatory fees, custodial services, depository services etc.

                   

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Computer and Information Services (08)

 

 

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

Royalties and License Fees (09)

 

 

S0901

 

Franchises services - patents, copyrights, trade marks, industrial processes, franchises etc.

S0902

 

Payment for use, through licensing arrangements, of produced originals or prototypes (such as manuscripts and films)

Other Business Services (10)

 

 

S1001

 

Merchanting services –net payments (from Sale & purchase of goods without crossing the border).

S1002

 

Trade related services - commission on exports / imports

S1003

 

Operational leasing services (other than financial leasing) without operating crew, including charter hire

S1004

 

Legal services

S1005

 

Accounting, auditing, book keeping and tax consulting services

S1006

 

Business and management consultancy and public relations services

S1007

 

Advertising, trade fair, market research and public opinion polling service

S1008

 

Research & Development services

S1009

 

Architectural, engineering and other technical services

S1010

 

Agricultural, mining and on-site processing services-protection against insects & disease, increasing of harvest yields, forestry services, mining services like analysis of ores etc.

S1011

 

Payments for maintenance of offices abroad

S1012

 

Distribution services

S1013

 

Environmental services

S1019

 

Other services not included elsewhere

Personal, Cultural and Recreational Services (11)

 

 

S1101

 

Audio-visual and related services -services and associated fees related to production of motion pictures, rentals, fees received by actors, directors, producers and fees for distribution rights.

S1102

 

Personal, cultural services such as those related to museums, libraries, archives and sporting activities; fees for correspondence courses abroad.

Government not included elsewhere (g.n.i.e.) (12)

 

 

S1201

 

Maintenance of Indian embassies abroad

SI 202

 

Remittances by foreign embassies in India

Transfers (13)

 

 

S1301

 

Remittance by non-residents towards 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.

Income (14)

 

 

S1401

 

Compensation of employees

S1402

 

Remittance towards interest on Non-Resident deposits (FCNRB/NRERA/ NRNRD/NRSR etc.)

S1403

 

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

S1404

 

Remittance of interest on debt securities -debentures /bonds/FRNs etc.

S1405

 

Remittance towards interest payment by ADs on their own account (to VOSTRO a/c holders or the OD on NOSTRO a/c.)

S1406

 

Repatriation of profits

S1407

 

Payment/ repatriation of dividends

Others (15)

 

 

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 dishonoured/crystallized/cancelled of bills and reversed from suspense accounts.