IMPORTANT NOTICE FOR EXPATRIATES WORKING IN MALDIVES
Ø All remittance from the bank account of expatriates shall be subjected to 3% remittance tax from 1st Oct'2016.
Ø In normal course all remittance are to be sent by the customers maintaining an account with SBI.
Ø Customers having MVR account and depositing USD for remittance needs to submit following:
· MVR deposit slip along with USD cash
· Green remittance form : Remittance form for remittance from MVR account
Ø Remittance of non-customers may be allowed subject to approval of CM (Remittance). Following documents are to be submitted with any remittance request received from non-customers:
· Copy of Passport
· Copy of Work Visa
· Copy of passbook