Foreign exchange derivative remittances permit authorised dealers to remit qualifying payments, including option premiums and approved transactions. Authorised dealers in India may remit foreign exchange outside India for qualifying foreign exchange derivative transactions. Permitted payments include ... Summary
Foreign exchange derivative remittances permit authorised dealers to remit qualifying payments, including option premiums and approved transactions.
Authorised dealers in India may remit foreign exchange outside India for qualifying foreign exchange derivative transactions. Permitted payments include option premiums payable by residents to non-residents and amounts incidental to derivative contracts remitted by resident or non-resident persons. Other derivative-related remittances may be made with Reserve Bank approval. The provision governing incidental remittances by non-residents refers to Regulation 4.
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