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In the current globalized economy companies are often involved trans-border trade, whether for the purchase of products, hiring international talent, for expansion into new markets. One key element in these international transactions is outward remittance. This guide will provide everything that businesses should know about outward transfer, starting with its definition and forms to regulatory aspects, tax implications, and steps for making sure transactions go smoothly. What is Outward Remittance? Outward remittance means the tr