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As per the Reserve Bank of India statutes for Emigration one can avail of foreign currency notes, travellers cheques and prepaid travel currency cards up to USA $100,000/- per business trip in a variety of currencies. At KAPNOX we do our best to give your money value.

Reserve Bank of India statutes

- Resident Indians proceeding for permanent emigration overseas

Quantum of Exchange
- Up to USD 100,000 per person or the amount prescribed by the country of emigration. Currency component maximum of USD 3000 (May 04 Notif (ication) equivalent.

- $_GET Letter - available with KAPNOX Forex
- Form A-2 with FEMA declaration – available with KAPNOX Forex
- Copy of Passport 
- Copy of confirmed Air Ticket 
- Landing Papers 
- Documentary evidence in support of emigration


The following form may be forwarded to us on the original Letterhead of the company, along with your passport and ticket

The Manager,

Dear Sir,
Date :               
Sub : Release of Foreign Exchange for Business Visit.
  We $_GET you to release exchange as detailed below to Mr/Ms.________________________(designation)______________________ who is proceeding abroad on company’s business.


in Cash

Amount in
Travellers Cheques

Preffered T/C









The details are given below for your necessary action:
1. Name :
2. Residential Address :
3. Nationality :
4. Passport No.                   Date of issue :
5. Airline & Ticket No.
6. Date of Departure:
7. Country/Countries to be visited :
8. Nature of business visit in each country :
         We certif (y that the expenses are borne by our organisation. We declare that the foreign exchange drawn will be used for the purpose stated above. We further declare that this transaction will not involve and is not designed for the purpose of any contravention or evasion of the provisions of FEMA or of any rule, regulation, notif (ication, direction or order made thereunder.

         We enclose herewith passport, air ticket, and our cheque no. _______________ drawn on_______________________________for Rs.__________towards release of exchange.

Yours faithfully,
Authorised Signatory


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