Liberalised Remittance Scheme now requires AD Category II banks and FFMCs to submit daily LRS returns via CIMS. AD Category II banks, authorised entities and Full Fledged Money Changers must submit the LRS daily return via CIMS (including nil reports) and may discontinue submitting LRS transactions through AD Category I banks; CIMS access enables PAN wise checks of cumulative remittances before facilitating further LRS transactions.