I Do Not Have A Bank Account. But I Need To Make A Remittance. Is Kyc

1.	I Do Not Have A Bank Account. But I Need To Make A Remittance. Is Kyc Applicable To Me?
Answer» Yes. KYC exercise NEEDS to be done for all those who WANT to MAKE DOMESTIC remittances of Rs. 50,000 and above and all foreign remittances. Yes. KYC exercise needs to be done for all those who want to make domestic remittances of Rs. 50,000 and above and all foreign remittances.

I Do Not Have A Bank Account. But I Need To Make A Remittance. Is Kyc Applicable To Me?

Answer»

Yes. KYC exercise NEEDS to be done for all those who WANT to MAKE DOMESTIC remittances of Rs. 50,000 and above and all foreign remittances.

Yes. KYC exercise needs to be done for all those who want to make domestic remittances of Rs. 50,000 and above and all foreign remittances.