Easy Office
LCI Learning

Transfer of fund to freind residing outside india

This query is : Resolved 
Profile Image

Profile Image

(Querist)
03 March 2019 Dear respected member,

I have to trans fund from India to my friend residing outside India, for pocket money. this money is to be sent on behalf of his parents so can anybody tell me about the procedure I need to comply.

Thanks.
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
04 March 2019 Only relative can transfer funds to abroad. Transfer the money from father's account it is allowed contact bankers they will guide you.
Profile Image

CA ANUBHAV

Profile Image

CA ANUBHAV (Expert)
09 March 2019 under LRS scheme you (parents) can transfer funds to your friend ....




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links