Documents Required
For the Sender: India Side
- PAN Card: Mandatory for all outward foreign remittances
- Aadhaar Card or Valid Passport: For KYC and identity verification
- Active Indian Bank Account: From which the transfer will be funded
- Form A2: Required for all LRS remittances; filed on your behalf by our team
- Purpose Declaration: Clearly stating the reason for the remittance
- Bank Statements: Last 3 to 6 months may be required for medium to large transfers
- Income Tax Returns: the last 1 to 2 years may be required for high-value transfers as proof of income source
Purpose-Specific Additional Documents
Business / Trade Payments
- Commercial invoice
- Purchase order
- Import-export code (IEC)
- Business registration documents
Education
- University or institution admission letter
- Official fee invoice or demand letter
- Education loan sanction letter, if applicable
Family Maintenance
- Proof of relationship, such as a birth or marriage certificate
- Proof of the recipient’s residence in Tanzania
Property or Investment
- Sale or investment agreement
- Property valuation documents
- Relevant legal clearances
Medical Treatment
- Referral letter from an Indian doctor
- Cost estimate or invoice from a Tanzanian medical facility
For the Recipient: Tanzania Side
- Full legal name as registered with the Tanzanian bank
- Tanzanian bank account number
- Bank name and branch address in Tanzania
- SWIFT / BIC code of the recipient’s Tanzanian bank
- IBAN or local routing details, if required by the specific bank
- Recipient’s physical address in Tanzania
Rules & Important Guidelines
Liberalised Remittance Scheme (LRS)
All outward remittances from India to Tanzania are governed by the RBI’s LRS. The annual remittance limit is USD 250,000 per resident individual per financial year.
Permissible Purposes
Remittances to Tanzania are permitted for education, medical treatment, family maintenance, overseas travel, gifts and donations, business and trade payments, property purchase, and investments.
Tax Collected at Source (TCS)
TCS is applicable to LRS remittances above ₹7 lakh per financial year. The standard TCS rate is 20% for general remittances.
FEMA Compliance
All transfers must strictly comply with the Foreign Exchange Management Act, 1999.
Bank of Tanzania Regulations
Large incoming transfers may be subject to source-of-funds verification by the receiving Tanzanian bank.
Currency Considerations
The official currency of Tanzania is the Tanzanian Shilling (TZS). Most international transfers arrive in USD and are converted to TZS by the receiving bank.
Business & Trade Transfer Rules
Business remittances must be supported by valid commercial documentation, including invoices, purchase orders, and IEC registration where applicable.
Record Keeping
Senders should retain all remittance records, including Form A2 copies, bank confirmations, and supporting documents for tax and compliance purposes.





