TaxTMI Login
🎉 Festive Offer: Flat 15% off on all plans! →⚡ Don’t Miss Out: Limited-Time Offer →
TaxTMI 
Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>RBI Issues Guidelines for Banks on Rupee/Foreign Currency Vostro Accounts and Rupee Drawing Arrangements.</h1> The Master Circular provides comprehensive guidelines for Authorised Dealer Category-I banks on opening and maintaining Rupee/Foreign Currency Vostro Accounts for non-resident Exchange Houses. It includes procedures for Rupee Drawing Arrangements (RDAs), detailing operations, permitted transactions, and collateral requirements under different procedures like Designated Depository Agency (DDA), Non-DDA, and Speed Remittance. The document emphasizes compliance with KYC/AML/CFT guidelines, internal controls, and monitoring of accounts. It mandates regular audits, due diligence, and annual reviews to ensure adherence to regulations and safeguard against financial risks. The circular consolidates previous notifications and is periodically updated.
TaxTMI 
