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Send Money Abroad to Your Loved Ones during Covid-19 Pandemic

Covid-19 Pandemic

Living abroad is one of the best experiences that you can do for yourself. It allows you to face challenges and problems and hence you can develop yourself by facing those problems alone and grow as a person by experiencing the things in different way. Family away from family sounds too good. You will definitely experience this when you mingle with people there. So you will have to create your own world and experience the things.

It is not that easy for any person to leave his home, family and go to some other place which is not known to him. But we learn more by travelling the world. By traveling the world we get to see many kinds of people and their culture which gives us a unique knowledge of experience which stays forever with us. Learning is possible only through experience. So most of our Indians have travelled to abroad with various intentions.

>When a person has travelled to abroad, if his family needs to send him the money for his living expenses which is called outward remittance then they can do it through Orient Exchange which provides best rates in the market. We have tie ups with various banks and we are here to provide service to you.

Under the Liberalised Remittance Scheme (LRS), all resident individuals are allowed to freely remit up to $250,000 per financial year i.e April to March for permissible transactions as specified under the LRS. The remittances can be made in any freely convertible foreign currency.

There are two purposes under AD 1 remittance:

  • Family maintenance
  • Gift

You can remit to your close relatives under family maintenance.

List of close relatives for your reference:

  • Father (including step- father)
  • Mother (including step-mother)
  • Son (including step-son)
  • Son's wife
  • Daughter
  • Daughter's husband
  • Brother (including step-brother)
  • Sister (including step-sister)
  • Husband
  • Wife

Minimum Documents required for Family maintenance purpose:

  • Form A2 in which remitter’s details has to be filled
  • Any address proof of the remitter
  • PAN card of the remitter
  • Beneficiary address proof

You can gift to any one like to your family members or friends.

Minimum Documents required for Gift purpose

  • Form A2 in which remitter’s details has to be filled
  • Any address proof of the remitter
  • PAN card of the remitter

As we all are aware of COVID- 19, it is difficult to step out of the house because of the lockdown. Don’t worry about your loved ones who are staying in abroad. Keep them secured. You can send money to them who may be facing some difficulties there in abroad. We are available on 88844454321 any time. Please contact us for the best rates and services. We are making it easy for you. We will collect documents and payment through digital mode and send it to your family members or friends who are staying in abroad.

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