KAPNOX, Foreign Exchange & Money Changers, Reserve Bank of India Guidelines for medical Travellers
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MEDICAL TREATMENT OVERSEAS
 

At KAPNOX Forex you can avail currencies, travellers cheques, travel cards for your travel needs.


Reserve Bank of India statutes


Eligibility
-
Resident Indian 
- Suffering from an ailment that require specialized treatment abroad 
- Qualif (ied Doctor should have recommended the treatment

Quantum of Exchange
For the Patient:
Hospitalization:
up to USD 100,000 for maintenance expense of the patient going abroad for medical treatment or check up. Currency component maximum of USD 3000 (May 04 Notif (ication) equivalent.
For the Attendant: up to of USD 25,000 for accompanying as attendant to a patient going abroad for medical treatment or check up. 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. 
- Copies of Medical reports 
- Declaration from the applicant that he/she is buying exchange for medical treatment outside India and has not approached any other bank/institution/Authorized Dealer for Foreign Exchange. 
- Photocopy of passports of patient and attendant. 
- Photocopy of air tickets of patient and attendant .

 

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

 
 
The Manager,
KAPNOX FOREX PVT. LTD.

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.

Currency

Amount
in Cash

Amount in
Travellers Cheques

Preffered T/C
Denominations

 _________

_____________

_________________

______________

 _________

_____________

_________________

______________

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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