Capital account foreign exchange transactions require a prescribed declaration to the Reserve Bank within the applicable regulatory timeframe. Every person selling or drawing foreign exchange to or from an authorised person for a capital account transaction must furnish a declaration to the ... Summary
Capital account foreign exchange transactions require a prescribed declaration to the Reserve Bank within the applicable regulatory timeframe.
Every person selling or drawing foreign exchange to or from an authorised person for a capital account transaction must furnish a declaration to the Reserve Bank. The declaration must be submitted in the prescribed form and within the time specified by the regulations governing the relevant transaction.
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