The State Bank of India (SBI) offers Forex cards to its customers for hassle-free transactions during foreign travel. The application process for the Forex card involves filling up Form A2, which is a mandatory document required by the Reserve Bank of India (RBI) for all foreign exchange transactions. In this article, we will explain the step-by-step process of filling Form A2 for SBI Forex card.
Step 1: Download the Form A2
The first step is to download Form A2 from the SBI website. The form is available in PDF format and can be easily downloaded and printed for filling.
Step 2: Fill in the Personal Details
The first section of the form requires you to fill in your personal details. This includes your name, address, date of birth, passport number, and contact details. It is important to ensure that all the details are accurate and match the information mentioned in your passport.
Step 3: Fill in the Purpose of Remittance
In the next section, you need to mention the purpose of remittance. This can be for travel, education, medical treatment, or any other purpose as per RBI guidelines. If the purpose of remittance is for travel, then you need to mention the countries you are planning to visit.
Step 4: Fill in the Bank Details
In this section, you need to mention the bank details of the beneficiary who will receive the money. This includes the name of the bank, branch address, and account number. You also need to provide the SWIFT code of the bank, which is a unique identification code used for international transactions.
Step 5: Fill in the Forex Card Details
In this section, you need to mention the details of the Forex card you wish to apply for. This includes the type of Forex card, currency, and the amount you wish to load on the card. You also need to mention the delivery address where the Forex card will be delivered.
Step 6: Fill in the Declaration
The last section of the form requires you to sign and declare that all the information provided by you is true and correct. You also need to mention the source of funds for the remittance and confirm that the funds are not for any prohibited transactions as per RBI guidelines.
Step 7: Submit the Form A2
Once you have filled in all the details, you need to submit the Form A2 along with the required documents to the nearest SBI branch. The required documents include a copy of your passport, visa, air ticket, and PAN card. You also need to provide a self-attested copy of the Form A2.
Conclusion
Filling Form A2 for SBI Forex card is a simple and straightforward process. It is important to ensure that all the details provided by you are accurate and match the information mentioned in your passport. This will help in smooth processing of your Forex card application and avoid any delays or rejections. With the SBI Forex card, you can enjoy hassle-free transactions during your foreign travel and make the most of your trip.
