REMITTANCES

E-Remittance – Doha Bank to Doha Bank in India – Overseas customers of Doha Bank can transfer funds online to their account with any Doha Bank branches in India.

E-Remittance – Doha Bank to Non Doha Banks in India – Overseas customers of Doha Bank can transfer funds through this portal to their own accounts / account of others with other banks in India

How to remit funds from your NRI account with other Banks in India ? – Indian Rupee remittances from other local banks can be done thru RTGS/NEFT using our IFSC codes provided below:

Documentation and Process Flow for Outward Remittances

Outward Remittance from NRE And NRO Accounts

NRIs can send money back home to India using their Non-Resident External (NRE) and Non-Resident Ordinary (NRO) accounts, which have their own set of stipulations.

• NRE Accounts

Money from an NRE Account can be repatriated easily, with no restriction.

• NRO Accounts

You are allowed to move USD 1 Million in a financial year from an NRO account, but it needs tax clearance and correct documentation.

Limits Under the Liberalised Remittance Scheme (LRS)

The LRS allows residents to freely remit up to $250,000 per financial year for approved transactions such as education abroad, international travel and global investments.

Documentation for Individual Remittances under Liberalised Remittance Scheme (LRS)

• Duly Filled and Signed Form A2.
• Duly Signed Tax Collected at Source (TCS) Declaration Form.
• Supporting Documents (As Applicable):
  
  • Overseas Education:
    Valid proof of university admission and education fee/payment details or education loan disbursement records.
  • Medical Treatment:
    Medical estimate or hospital expense details from the overseas healthcare provider.
  • International Travel:
    Invoices for overseas hotel accommodation or tour/travel arrangements.

Documentation for Corporate & Non-LRS Outward Remittances

• Mandatory Statutory & Tax Documents:
  • Form 145 (in lieu of Income Tax Form 15CA) – Online Income Tax Remittance Declaration.
  • Form 146 (in lieu of Income Tax Form 15CB) – Tax Withholding Certificate signed by a Chartered Accountant.
• Supporting Documents (As Applicable):
  
  • Consultancy / Software Services:
    Commercial Invoice, executed agreement/contract and work scope details.
  • Non-Resident Repatriations (NRO Accounts):
    Verified source proof (Sale Deed, inheritance documents, salary certificates, etc.) along with supporting bank statements.
  • Agency Commission:
    Executed agency agreement and proof of export proceeds.
  • Corporate Travel:
    Company authorization
• Duly Filled and Signed Form A2.
• Duly Filled and Signed FEMA Declaration (Form 2).
• Legal Entity Identifier (LEI) – Mandatory for all corporate transactions valued at ₹50 crore and above.

Customer submits physical documents to the Branch

Step 1:
Customer submits request/application through Home Branch,

Step 2 (Branch Intake):

• Branch completes preliminary due diligence.
• reviews the transaction for FEMA compliance, international trade guidelines and sanctions screening.
• Rates to be advised to the customer from Treasury / Trade department and after confirmation from the customer the remittance is further processed.

Timelines

Requests will be processed based on the submission of a complete set of documents and information.