Foreign Inward Remittance Payment System withdrawal: instrument withdrawn as obsolete due to electronic credits and online transfers. Foreign Inward Remittance Payment System (FIRPS) instrument is withdrawn as obsolete due to electronic credits and online fund transfers; Authorised Dealers informed to notify constituents and to note that prior guidance in Annexure V to A.D. (M.A. Series) Circular No.11 and paragraph 3A.5 of the Exchange Control Manual is superseded; directions issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999.
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Foreign Inward Remittance Payment System withdrawal: instrument withdrawn as obsolete due to electronic credits and online transfers.
Foreign Inward Remittance Payment System (FIRPS) instrument is withdrawn as obsolete due to electronic credits and online fund transfers; Authorised Dealers informed to notify constituents and to note that prior guidance in Annexure V to A.D. (M.A. Series) Circular No.11 and paragraph 3A.5 of the Exchange Control Manual is superseded; directions issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999.
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