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How do I fill this out?

To fill out this form, start with the beneficiary's details including their bank name and account number. Then, proceed to provide the applicant's details and settlement information. Make sure to fill out all required fields accurately.

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How to fill out the BSP International Money Transfer Application Form?

  1. 1

    Begin with beneficiary details including bank name and account number.

  2. 2

    Provide applicant’s details and address.

  3. 3

    Fill in the settlement details and account information.

  4. 4

    Ensure all sections are filled out in uppercase.

  5. 5

    Sign the form and submit it to the appropriate bank branch.

Who needs the BSP International Money Transfer Application Form?

  1. 1

    Individuals sending money internationally through BSP.

  2. 2

    Businesses requiring international payment to suppliers or partners.

  3. 3

    Applicants needing to comply with PNG Foreign Exchange regulations.

  4. 4

    Customers who need to provide detailed remittance information to beneficiaries.

  5. 5

    Organizations that must keep records for foreign exchange transactions.

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Edit your PDF forms easily on PrintFriendly using our intuitive PDF editor. Customize fields, input your data, and make changes as needed. Save and download your updated PDF for submission.

  1. 1

    Upload your PDF form to PrintFriendly.

  2. 2

    Use the PDF editor to enter and customize your data.

  3. 3

    Ensure all fields are properly filled out in uppercase.

  4. 4

    Add any necessary annotations or adjustments.

  5. 5

    Save and download your updated PDF for submission.

What are the instructions for submitting this form?

Submit the completed form to your nearest BSP branch along with any required supporting documents. Ensure all fields are completed in uppercase. For any queries, contact BSP customer service at [BSP email] or call [BSP phone number].

What are the important dates for this form in 2024 and 2025?

Ensure to regularly check for any updates regarding form submission deadlines for 2024 and 2025 to be compliant with the BSP regulations.

importantDates

What is the purpose of this form?

This form serves as an official document for processing international money transfers through BSP. It is essential for providing detailed information about the beneficiary, the applicant, and settlement details. Properly completing and submitting this form ensures compliance with PNG Foreign Exchange regulations.

formPurpose

Tell me about this form and its components and fields line-by-line.

This form consists of several key sections needed to process an international money transfer.
fields
  • 1. To Branch (Name): The branch name where the form is being submitted.
  • 2. Beneficiary's account: The account where the money will be credited.
  • 3. Reference No: A reference number for the transaction.
  • 4. Beneficiary Details: Details including bank name, account number, and address.
  • 5. SWIFT Code: The SWIFT code of the beneficiary's bank.
  • 6. Value Date: The date on which the payment should be made.
  • 7. Message (Details of Payment): Details or message regarding the payment.
  • 8. Applicant’s details: Details of the person sending the money, including name and address.
  • 9. Settlement Details: Details on how the payment will be settled from the applicant’s account.
  • 10. Booking Number: A number provided by BSP Treasury for the transaction.
  • 11. Rate of Exchange: The exchange rate provided by BSP Treasury.
  • 12. PGK Equivalent: The PGK equivalent of the transferred amount.
  • 13. PGK Bank Charge: Any bank charges applicable to the transfer in PGK.
  • 14. Total: The total amount including charges.
  • 15. Applicant’s Signature: Signature of the applicant authorizing the transfer.
  • 16. Bank Use Only: Section reserved for bank officials including initials, date, and bank stamp.
  • 17. Outward TT Checklist: A checklist to ensure all necessary steps are completed before processing the transaction.

What happens if I fail to submit this form?

Failing to submit this form may result in delays or inability to process the international money transfer.

  • Penalties: Possible penalties for non-compliance with foreign exchange regulations.
  • Delayed Transactions: Delays in processing the money transfer.
  • Incomplete Records: Incomplete transaction records which may cause issues for future reference.

How do I know when to use this form?

Use this form whenever you need to process an international money transfer through BSP.
fields
  • 1. Foreign Payments: For sending money internationally to beneficiaries.
  • 2. Regulatory Compliance: To comply with PNG Foreign Exchange regulations.
  • 3. Detailed Transactions: When detailed information about the transaction is required.

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You can share the completed form via email or generate a shareable link directly from PrintFriendly.

What information do I need to fill out the BSP IMT form?

You need the beneficiary's bank details, your applicant details, and settlement information.

Is it necessary to fill out the form in uppercase?

Yes, the form specifies that all information should be completed in uppercase.

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Is it possible to add annotations to the BSP IMT form on PrintFriendly?

Yes, you can add annotations and make adjustments to the form using the PDF editor.

Can I use PrintFriendly to comply with PNG Foreign Exchange regulations?

Yes, PrintFriendly allows you to accurately fill out the BSP IMT form to comply with required regulations.

How do I ensure the form is correctly filled out?

Make sure all required fields are completed in uppercase and cross-check the information for accuracy.

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