Foreign exchange encashment definitions identify authorities, authorised persons, instruments, investigations, and appellate bodies governing related proceedings.

Rule 2 defines principal expressions governing encashment of drafts, cheques, instruments and payment of interest under the foreign exchange framework. It identifies the Act, Adjudicating Authority and Authorised Person by reference to the Foreign Exchange Management Act, 1999. A cheque includes a traveller's cheque, and investigation means an investigation contemplated under the Act. The provision further identifies the Special Director (Appeals) and the Appellate Tribunal for Foreign Exchange as relevant appellate authorities.

---

---

---