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EMIGRATION
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
Eligibility - 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.
Documents
- $_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
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The Manager, KAPNOX FOREX PVT. LTD.
Dear Sir, |
Date
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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. |
Currency |
Amount in
Cash |
Amount in Travellers
Cheques |
Preffered T/C
Denominations |
_________ |
_____________ |
_________________ |
______________ |
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_________ |
_____________ |
_________________ |
______________ |
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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.
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Yours faithfully,
__________________ Authorised Signatory |
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