Form A2 for Outward Remittance: Purpose & Process

Date: 12th June 2025 | Read time: 2 Minutes

If you're planning to send money abroad—for education, medical treatment, travel, or family maintenance—you may come across a document called Form A2 during the process.

For first-time users, this might seem confusing, but don’t worry—it’s a simple yet important part of international money transfers from India. In this blog, we’ll explain what Form A2 is, why it’s required, and how it works.

Form A2 is a mandatory declaration form prescribed by the Reserve Bank of India (RBI) under the Liberalised Remittance Scheme (LRS). It is required for all outward remittances (excluding imports), such as those made under LRS, service payments, education abroad, medical treatment, travel, and other permissible purposes.

Whenever an individual or entity in India wants to buy or remit foreign exchange, they must submit Form A2 to their Authorised Dealer (AD) bank, declaring the purpose of the transaction.

Form A2 helps banks and financial institutions comply with RBI regulations and track the total amount of foreign exchange being sent abroad by an individual in a financial year (April–March).

Under the LRS, resident individuals can remit up to USD 250,000 per financial year for permitted current or capital account transactions. Form A2 ensures that this limit is not exceeded, and that the transaction is being made for an allowed purpose.

You need to fill out and submit Form A2 when:

• Sending money abroad for education fees
• Paying for medical treatment overseas
• Sending maintenance money to family members living abroad
• Making investments or purchasing assets abroad
• Going on a foreign trip
• Transferring funds for gift or donation purposes etc.

Basically, any transaction involving foreign exchange outflow from India for personal or business purposes under LRS requires Form A2.

Form A2 is straightforward and typically includes:

• Your personal details (name, PAN, contact info)
• The amount to be remitted and currency
• Purpose of remittance (from a pre-defined list)
• Bank account details
• Previous transaction details
• Declaration and signature affirming that the funds are from legitimate sources and within permissible limits etc.

In most cases, the form is submitted digitally when you initiate a remittance through your bank or an RBI-authorised remittance provider like AU Remit.

Yes, Form A2 must be submitted for each remittance transaction. However, the process is seamless and integrated into most online platforms like AU Remit. You don’t have to manually upload or print anything in most cases—the platform will auto-generate it based on your inputs.

Yes, quoting your Permanent Account Number (PAN) is mandatory while submitting Form A2 under LRS, irrespective of the amount being sent.

At AU Remit, we’ve made the process as simple and paperless as possible. When you initiate a transfer:

• The Form A2 is auto filled based on your profile and remittance purpose
• You can digitally verify and submit the form within seconds
• Our platform ensures compliance with RBI norms without any manual paperwork

This means you can focus on your goals—like supporting your child’s education abroad or helping family overseas—while we handle the formalities.

Form A2 might seem like just another form, but it plays a vital role in ensuring transparency and compliance in outward remittance transactions from India.

By understanding its purpose and how to fill it out, you can ensure your transfers go smoothly and stay within the regulatory framework set by the RBI.

Need to send money abroad? Try a trusted and RBI-authorised platform like AU Remit for safe, swift, and simple international money transfers—with all documentation handled digitally.