The overseas film shoot is now easy, fast, and reliable. Entertainment is a part of human existence ever since the civilization cropped up.
“Cinema is the exaggerated version of ideas to entertain people”.
Film shooting is one of the most popular media for expressing ideas, most popular and widely used Art forms with emotions and movement by which a human being can share with many of his fellow beings and make him feel proud of being a human being. Now finding different destinations around the world for the shooting has made people aware of different places and countries they are not adapted to.
Can I send money abroad for an overseas film shoot?
Yes, you can send money abroad for cinema shooting. There are fast and safer ways to send money overseas through Swift transfer and FCDD. All safety measures are strictly followed to transfer the fund to any part of the world. Authorized dealers are most reliable to transfer funds overseas for film shooting. People have largely set to travel around the world for shooting, making the necessity of outward remittance all the more inevitable.
What are the documents do I need for Film shooting?
- Details in the letterhead of Director/Producer stars/crews going for an overseas film shoot
- Valid Passport with address
- Pan Card
- Ticket or Visa, either one based on availability
- Agreement & details of overseas parties who will be providing support for film shooting such as studios, casts, etc. and the invoices relating to expenses thereof
- Duly Filled Form A2 with seal and signature of the remitter
- Form 15CA and 15CB
Film Production Company – KYC’s required as per their constitutions including a certificate for the nature of business.
How can I send money abroad for Film shooting?
- The most recommended method to send money abroad for an overseas film shoots is through authorized dealers who have a license from regulators like the Reserve Bank of India.
- Sending money abroad for Cinema shooting comes under the Authorised Dealer (Category-11) holding license and legal permission by the Reserve Bank of India for money remittance abroad for 17 purposes.
- Sending money overseas in India is the process of money transfer in foreign exchange by an Indian resident to a beneficiary outside the country.
- The amount can be transferred only as approved under FEMA (Foreign Exchange Management Act) only for one or more purposes.
- KYC is verified for all the transactions before processing.
It would not be long when the outward remittance cloaked with even more versatile and innovations thus creating a new wave in the industrial scenario, will come up to serve the ever- demanding savvy population
