Outward remittance is a transfer of funds in the form of foreign exchange by a person from India, to a beneficiary outside India (except for Nepal and Bhutan)
We do transfer of funds in the form of Foreign exchange by an account holder in india to a beneficiary (Family Members, Friends,relatives) outside india for any bonafide purposes as permissible under Foreign Exchange Management Act (FEMA) 1999.
Major documents required include:
We are the best service provider to facilitate repatriation of NRE funds to their overseas accounts.
The deposits in an NRE account along with the interest earned is fully repatriable. The NRE funds can be repatriated only to the customers’ own/self account abroad. The beneficiary name has to be the same as the name of the account holder. Repatriation of funds to third party is not allowed under this option
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