CAIIB – BFM Module A Current or Capital Transactions, LRS Limits and Permitted Purposes

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Current or Capital Transactions, LRS Limits and Permitted Purposes

Inside CAIIB – BFM

CAIIB BFM – December 2026

Topic Liberalised Remittance Scheme and Resident Remittances

Current or Capital Transactions, LRS Limits and Permitted Purposes

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Current or Capital Transactions, LRS Limits and Permitted Purposes - Article

Understand the Liberalised Remittance Scheme for resident individuals, including the difference between current and capital account transactions, the USD 250,000 annual limit, permitted remittance purposes, important exceptions, prohibited transactions and operational requirements. This CAIIB BFM article helps learners distinguish similar FEMA concepts and correctly analyse resident-remittance situations.

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