Foreign exchange drawal restrictions prohibit specified transactions, Nepal or Bhutan travel, and resident transactions, subject to conditional RBI exemptions. Drawal of foreign exchange is prohibited for transactions listed in Schedule I, travel to Nepal or Bhutan, and transactions with persons resident in Nepal ... Summary
Foreign exchange drawal restrictions prohibit specified transactions, Nepal or Bhutan travel, and resident transactions, subject to conditional RBI exemptions.
Drawal of foreign exchange is prohibited for transactions listed in Schedule I, travel to Nepal or Bhutan, and transactions with persons resident in Nepal or Bhutan. The RBI may exempt transactions with persons resident in Nepal or Bhutan through a special or general order, subject to conditions it considers necessary.
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