Form A2 Indian Overseas Bank !new!

Indian Overseas Bank, being an authorized dealer (AD Category I bank), is legally required to collect a duly signed Form A2 for every outward foreign remittance exceeding a certain threshold (typically USD 500 or equivalent). The form achieves three objectives:

IOB’s NetBanking platform incorporates a digital version of Form A2: form a2 indian overseas bank

| Remittance Purpose | Required Documents | | :--- | :--- | | | Admission letter, fee structure/invoice from university, student visa copy. | | Travel (Tourism) | Passport copy, visa (if applicable), flight itinerary/ticket. | | Medical Treatment | Diagnosis letter from Indian doctor + estimate from foreign hospital. | | Employment/Emigration | Employment contract or emigration visa. | | Investment | PAN card, CA certificate, Form A2 – Part 2 (for remittances > $250,000 for investment). | | Gift to NRI relative | Proof of relationship (e.g., birth certificate) and PAN card of donor. | Indian Overseas Bank, being an authorized dealer (AD

Form A2 is a standardized document prescribed by the Foreign Exchange Management Act (FEMA), 1999. It serves as a formal application-cum-declaration for the purchase of foreign exchange (forex) from an authorized dealer (like Indian Overseas Bank) for any current or capital account transaction. | | Medical Treatment | Diagnosis letter from

Filling out Form A2 is a straightforward process. Here's a step-by-step guide:

Rajesh signs below with date, and IOB’s branch manager stamps the acknowledgement.