Foreign exchange encashment rules establish their title and commencement for drafts, cheques, instruments, and interest payments from the prescribed date. Foreign exchange regulation concerning encashment of drafts, cheques and other instruments, and payment of interest is designated as the Foreign Exchange ... Summary
Foreign exchange encashment rules establish their title and commencement for drafts, cheques, instruments, and interest payments from the prescribed date.
Foreign exchange regulation concerning encashment of drafts, cheques and other instruments, and payment of interest is designated as the Foreign Exchange Management (Encashment of Draft, Cheque, Instrument and Payment of Interest) Rules, 2000. Made under the Foreign Exchange Management Act, 1999, the framework took effect on 1 June 2000.
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