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Clarification - Liberalised Remittance Scheme for Resident Individuals.

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..... y - I) banks is invited to A. P. (DIR Series) Circular No. 64 dated February 4, 2004, as amended form time to time, A. P. (DIR Series) Circular No. 24 dated December 20, 2006, A.P. (DIR Series) Circular No. 9 dated September 26, 2007, A.P. (DIR Series) Circular No. 51 dated May 8, 2007 and A.P. (DIR Series) Circular No. 32 dated October 10, 2011 on the Liberalised Remittance Scheme for R .....

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..... ernment of India. 3. All other terms and conditions mentioned in the afore-mentioned Circulars shall remain unchanged. 4. AD - Category I banks may bring the contents of this circular to the notice of their constituents and customers concerned. 5. The directions contained in this Circular have been issued under sections 10 (4) and 11 (1) of the Foreign Exchange Management Act, 1999 (42 .....

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..... rect remittance V. Details of the remittance made under the Scheme in the financial year (April- March) 20__ 20__ Date : Amount : . VI. Details of the Beneficiary 1. Name .. 2. Address 3. Country 4*. Name and address of the bank . 5*. Account No .. (* Required only when the remittance is to be directly c .....

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..... ngs to me and will not be used for prohibited purposes. Signature of the applicant (Name) Signature of the natural guardian of the applicant @ (Name) @ Where the applicant is minor, the application should be countersigned by minor s natural guardian Certificate by the Authorised Dealer This is to certify that the remittance is not being made by/ to ineligible entities and tha .....

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