Foreign remittance to a student.

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 August 2011 What is the procedure for remitting money to a student in a foreign country for study purpose? Whether Form No.15CA/CB is applicable?

Arihanth Jain

Arihanth Jain (Expert)
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04 August 2011 Yes form 15ca/cb shall be required.

Remit along with form 15ca/cb to your banker for wire transfer.

Aditya Maheshwari

Aditya Maheshwari (Expert)
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04 August 2011 In addition to the above sometimes the bank allows you to make remittance for education fess upto certain amount for which you will have to ask your banker. In case the same is upto that limit then u can remit the same without the form.

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Querist : Anonymous

Querist : Anonymous (Querist)

04 August 2011 Thank you so much...