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Can User send remittances abroad through NEFT/RTGS?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 preetham asked almost 3 years ago

Can User send remittances abroad through NEFT/RTGS?

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3 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 veeru answered almost 3 years ago

No. It is applicable only within the country

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 lochan answered almost 3 years ago

Can User send remittances abroad through NEFT/RTGS? No. It is applicable only within the country So user cannot send remittances abroad through NEFT/RTGS. Thanks

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Prity answered almost 3 years ago

Can User send remittances abroad through NEFT/RTGS? Yes. Funds can be transferred within India subject to applicability of provisions of FEMA

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