Sending money abroad for business or personal reasons requires speed, accuracy, and compliance with RBI’s Liberalised Remittance Scheme (LRS) and FEMA regulations. At WizBiz, we make outward remittances simple, cost-effective, and fully compliant — so your funds reach the right place at the right time.

From vendor payments to foreign investments, from overseas education fees to property purchases, we handle the paperwork, bank coordination, and compliance — leaving you stress-free.

📌 Who We Serve

• Businesses paying overseas vendors, service providers, or subsidiaries

• Importers paying for goods or raw materials

• Students paying foreign university tuition & expenses

• Individuals buying property abroad

• Families sending living expenses to relatives overseas

• Investors sending funds for foreign stock, bonds, or startups

🔍 Our Foreign Outward Remittance Services

🔹 Business Remittances

• Import payments for goods, raw materials, and machinery

• Overseas service & consultancy fee payments

• Royalty, licensing, and franchise fee transfers

• Bank tie-ups for competitive forex rates & fast processing

🔹 Personal Remittances

• Family maintenance and gift transfers

• Medical treatment expenses abroad

• Travel, tour, and holiday package payments

🔹 Education Payments

• University tuition fee transfers

• Student living expenses & hostel payments

• Assistance with LRS compliance for student remittances

🔹 Investment Transfers

• Foreign stock & bond investments

• Overseas startup or company investments

• Real estate purchase payments abroad

🔹 Specialised Compliance Support

• FEMA & RBI Liberalised Remittance Scheme guidance

• Purpose code selection as per RBI

• Documentation preparation & bank submission

• Form 15CA/15CB assistance from authorised CA

🛠 Why Choose WizBiz for Outward Remittances?
✅ Fast processing with leading banks & forex partners
✅ Transparent charges & competitive exchange rates
✅ RBI & FEMA-compliant documentation support
✅ End-to-end guidance for new remitters
✅ PAN-India service with digital updates

📋 Documents Required (Depending on Remittance Type)

• PAN & Aadhaar of remitter

• Bank account details & KYC

• Invoice, admission letter, or agreement (as applicable)

• Purpose code & declaration form

• Form 15CA/15CB (for certain remittances)

✍️ Send Funds Abroad with Ease
Whether it’s for business growth, education, family support, or investments, WizBiz ensures your outward remittance is fast, compliant, and worry-free. Send money abroad the right way — with WizBiz.