BTQ Tourism

Foreign Exchange for holidays, leisure travel including pilgrimage.

Documentation required

  • Basic Travel Quota application.
  • Declaration From Customer not exceeding USD 2,50,000.
  • Copies of Passport, Visa, Ticket and PAN Card.
  • Quantum of exchange.
  • USD 2,50,000/- per financial year.
  • Note: No entitlement while traveling to Nepal or Bhutan.

Business Travel

Foreign Exchange/ Remittance Services for Corporate Travel.

(1) General Business Travel

  • Request letter from sponsoring Company/ Firm/ Institute giving name.
  • designation and passport details of the traveler and full details of the visit (Formatted Application).
  • Declaration From Customer not exceeding USD 2,50,000.
  • Copies of Passport, Visa, Ticket and PAN Card Quantum of exchange.
  • USD 2,50,000 per financial year.

(2) Participation In Global Conferences & Specialized Training

  • Request letter from the applicant giving details of the conference/ training.
  • Copy of the invitation received from abroad to attend the conference/ training.
  • indicating the fee payable.
  • Copies of Passport, Visa, Ticket and PAN Card.
  • Declaration From Customer not exceeding USD 2,50,000.
  • Quantum of exchange.
  • USD 2,50,000 per financial year.

Study Abroad

Foreign Exchange while Studying Abroad

(1) Towards University Fees, Cost of books and Study Materials etc.

  • Request letter from the student with self declaration incorporating the basic.
  • details such as name of the Foreign University, nature and duration of the course, estimate of expenses and other applicable details.
  • FEMA declaration-cum-Form A2.
  • Copies of Passport, Visa, Ticket and PAN Card.
  • Quantum of Exchange.
  • USD 2,50,000 or amount shown in the estimate received from the University whichever is higher, per financial year.

(2) Remittance towards Examination Fees such as TOEFL and GRE

  • Request letter from the applicant along with demand notice showing the amount to be remitted.
  • FEMA declaration-cum-Form A2.
  • Quantum of Exchange.
  • As evidenced from the demand notice received.

(3) Remittance under Tie Up/ Arrangement with Foreign Universities

  • Letter of request from remitter giving details of the remittance.
  • FEMA declaration-cum-Form A2.
  • Certificate from a Chartered Accountant Certifying the following.
  • The remittance being made is in accordance with the Franchise Agreement.
  • between the parties All applicable taxes are paid.
  • Quantum of Exchange.
  • As certified by the Chartered Accountant.

Migration

Foreign Exchange requirements while Emigration

(1) Towards Emigration expenses or Emigration Consultancy Fees

  • Request letter from the applicant with self declaration of emigration.
  • Copies of Passport, Visa, Ticket and PAN Card.
  • Copy of emigration letter issued if any, by destination country.
  • FEMA declaration-cum-Form A2.
  • Quantum of Exchange.
  • USD 2,50,000 or amount stipulated if any, by the country of emigration on the emigration letter issued, whichever is higher.

(2) Skills/ Credential Assessment Fees for Intending Migrants

  • Request letter giving full details of the transaction.
  • Bill / Demand notice received from beneficiary of the remittance.
  • FEMA declaration-cum-Form A2.
  • Quantum of Exchange.
  • As evidenced from the bill / demand notice received.

(3) For Employment/ Processing/ Assessment Fees for Overseas Job Applications

  • Request letter giving full details of the transaction.
  • Bills / Demand notice etc received from the beneficiary of the remittance.
  • FEMA declaration -cum - Form A2.
  • Quantum of Exchange.
  • As evidenced from the demand notice received subject to a maximum of USD 2,50,000/-.

Film Shooting

(1) Towards Emigration expenses or Emigration Consultancy Fees

  • Request letter giving full details of the transaction, estimate of expenses.
  • exchange required etc.
  • Bills / Invoices received from abroad for specific expenses, if any.
  • FEMA declaration-cum-Form A2.
  • Quantum of Exchange.
  • As per estimate and requirement given in the request letter and bills/ invoices received from abroad.

Medical Treatment

Foreign Exchange for expenses towards Medical treatment abroad

  • Letter of request with self declaration from the applicant stating that he is buying exchange for medical treatment outside India.
  • FEMA declaration-cum-Form A2.
  • Copies of Passport, Visa, Ticket and PAN Card.
  • Quantum of Exchange.
  • USD 2,50,000.
  • Note: For amounts exceeding USD 2,50,000, an estimate from the Doctor in India or Hospital/ Doctor Abroad is required.

Other Services

Remittance by Tour Operators/ Travel Agents/ Principals/ Hotels

(1) Tour Arrangements for Foreign Tourists Visiting Neighboring Countries

  • Proof of total inward remittance received from abroad towards consolidated.
  • tour arrangements (FIRC).
  • FEMA declaration - cum - Form A2.
  • Supporting debit notes/ bills/ invoices received from abroad indicating.
  • remittance amount.
  • Quantum of Exchange.
  • As per debit note /bill/ invoice received.
  • Note: Not permissible when country of beneficiary's residence is Pakistan. The amount remitted should cover only that portion of the expenses to be incurred in neighboring countries and should be within the total amount of inward remittance received in India.

(2) Indian Travelers booking Hotel Accommodation/ Tour arrangements

  • Request letter from the applicant..
  • FEMA declaration - cum - Form A2.
  • Supporting debit notes/ bills/ invoices in original received from the service.
  • provider abroad.
  • Quantum of Exchange.
  • As per debit note/ bill/ invoice received.
  • Note: Remittance is allowed only up to a reasonable limit at the request of the traveler. The amount remitted should be out of the foreign exchange purchased by the traveler from an authorized person (including exchange drawn for private visits abroad)

(3) Remittance for participation in International Events/ Competitions/ Training/ Sponsorship/ Prize Money

  • Request letter from applicant giving name, address, amount of foreign.
  • exchange required, period and nature of training, sports activity or competition.
  • Letter of offer or memorandum of understanding or agreement for relevant.
  • sport activity, competition or training and amount of foreign exchange required.
  • Copies of Passport, Visa, Ticket and PAN Card.
  • FEMA declaration-cum-Form A2.
  • Quantum of Exchange.
  • USD 2,50,000.
  • Note:If the applicant is other than International /National/ State level sport body and requires exchange in excess of USD 2,50,000, prior approval of Ministry of Human Resources (Department of Youth Affairs and Sports) is required.

(4) Disbursement of Crew wages

  • Request letter stating full details (like full name, amount etc) of the crew wages to be disbursed.
  • FEMA declaration-cum-Form A2.
  • Quantum of Exchange.
  • As evidenced from the request letter.

(5) Visa Fees

  • Request letter from applicant certifying that the remittance represents visa fees.
  • and the amount remitted during the year so far is "Rs. XYZ".
  • Details of amount remittable in Indian Rupees.
  • FEMA declaration-cum-Form A2.
  • Quantum of Exchange.
  • Indian Rupees remittable (as in request letter) converted into foreign currency.

(6) Processing Fees as required by Foreign Governments/ Registration/ Subscription/ Membership Fees to International Organizations

  • Request letter from the applicant with a copy of demand notice received from Foreign Governments (including Portuguese) or International Organizations.
  • indicating amount payable.
  • FEMA declaration-cum-Form A2.
  • As evidenced from the demand notice received.