Get the free PART 2: FOREIGN CURRENCY PAYMENTS effective from 1 January 2016
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PART 2: FOREIGN CURRENCY PAYMENTS effective from 1 January 2016 (Conversion of FM into foreign currency including deposits into designated FM external accounts of nonresidents and payments made out
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How to fill out part 2 foreign currency
How to Fill Out Part 2 Foreign Currency:
01
Start by providing your personal information, such as your name, address, and contact details.
02
Indicate the purpose of the foreign currency transaction, whether it is for travel, business, or other reasons.
03
Specify the type of foreign currency you wish to exchange or transfer, and the corresponding amount.
04
Provide details of the recipient of the foreign currency, including their name, address, and bank account information if necessary.
05
If the transaction involves a specific country, mention the country and any additional information required by that country's regulations.
06
Sign and date the form to confirm the accuracy of the provided information.
Who Needs Part 2 Foreign Currency:
01
Individuals who are planning to travel abroad and require foreign currency for expenses during their trip.
02
Businesses or corporations engaged in international trade or conducting transactions in foreign currencies.
03
Any person or entity that needs to exchange or transfer money to an overseas recipient.
Note: It is worth checking with your financial institution or relevant authorities to determine if Part 2 Foreign Currency is applicable to your particular situation and to obtain any additional instructions or documentation required.
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