Rupee Vostro Account rules require funded drawing arrangements, audit oversight, collateral and strict KYC/AML controls. This Master Circular consolidates rules for opening and maintaining Rupee Vostro Accounts and foreign currency vostro accounts of non-resident Exchange Houses under Rupee Drawing Arrangements. It prescribes three procedures-DDA, Non DDA and Speed Remittance-setting out funding, verification, audit or deputation requirements, collateral cover based on operating vintage, prohibition of overdrafts and cash disbursements, operational limits on drawee branches, and mandatory KYC/AML/CFT compliance, concurrent audit inclusion and periodic reporting to the Reserve Bank.