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We have imported goods from China. We wanted to make the payment to our supplier. How
Is it to be done?
1. Making import payments must be made to the bank. Form A-1 is now discontinued.
2. The banks need a simple letter from the applicant containing the basic information viz., the name and the address of the applicant, name, and address of the beneficiary, amount to be remitted and the purpose of remittance.
3. The exchange should be purchased for a curr...
Wazzeer Professional Network
ProfessionalWe have imported goods from China. We wanted to make the payment to our supplier. How Is it to be done?
-
Wazzeer Professional Network
Professional1. Making import payments must be made to the bank. Form A-1 is now discontinued. 2. The banks need a simple letter from the applicant containing the basic information viz., the name and the address of the applicant, name, and address of the beneficiary, amount to be remitted and the purpose of remittance. 3. The exchange should be purchased for a current account transaction. For any support in your Import business, happy to help, all you need to do is 'Get a Wazzeer' we will take care of the compliance.about 5 years ago
View answer
We have imported goods from China. We wanted to make the payment to our supplier. How Is it to be done?
-
Wazzeer Professional Network
Professional1. Making import payments must be made to the bank. Form A-1 is now discontinued. 2. The banks need a simple letter from the applicant containing the basic information viz., the name and the address of the applicant, name, and address of the beneficiary, amount to be remitted and the purpose of remittance. 3. The exchange should be purchased for a current account transaction. For any support in your Import business, happy to help, all you need to do is 'Get a Wazzeer' we will take care of the compliance.about 5 years ago
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