EPFO Simplifies Procedure for Fund Transfer to International Workers

The Employees Provident Fund Organisation (EPFO) has announced revised guidelines to facilitate the transfer of provident fund amounts to the overseas bank accounts of international workers.  

This move aims to alleviate the tax-related challenges faced by these workers and streamline the transfer process. 

Streamlined EPF Transfers for International Workers 

As per the circular issued on March 18, 2026, EPFO has refined its approach to allow direct payments to the foreign bank accounts of international workers hailing from nations holding a Social Security Agreement (SSA) with India.  

This change offers beneficiaries the option to receive their benefits in India, their home country, or a third country, contingent upon the SSA provisions. 

International workers will need to substantiate their foreign bank account information through bank statements or passbooks attested by the employer or a competent SSA authority.  

The respective regional offices remain responsible for processing claims, entering overseas bank details into the system for fund transfer. 

Nodal Office and Tax Compliance 

The Regional Office in Delhi (North) will function as the nodal agency for completing tax forms, including Form 15CA and obtaining Form 15CB. A dedicated chartered accountant will be appointed to manage these tasks in accord with GFR provisions.  

It's imperative for ROs handling claims to ensure precise tax deductions and make necessary procedural adjustments. 

Ensuring Smooth Operations and Compliance 

Separate control registers are maintained at each concerned RO and reconciled with RO, Delhi (North) monthly.  

As remitters under Section 195 of the Income Tax Act, the EPFO is obliged to file Form 15CA and a Tax Determination Certificate (Form 15CB). 

Read More: Supreme Court Takes Up Plea Against EPF Rules for Foreign Nationals Working in India! 

Understanding Form 15CB 

Form 15CB is an accountant's certificate needed for any remittance over ₹5,00,000 in a financial year to a non-resident entity.  

This document is necessary for the person responsible for making the external remittance in filing Form 15CA Part-C. 

Conclusion 

EPFO's updated guidelines for transferring EPF to international workers' bank accounts aim to reduce hardships related to tax and fund transfer processes, offering a smoother experience for beneficiaries in SSA countries. 

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