Monthly foreign currency notes summary for FFMCs must record opening balance, purchases, sales, closing balance, and certify accuracy. FLM 8 requires FFMCs to record monthly foreign currency note transactions by currency, showing an Opening Balance, itemised Purchases by source (public; RMCs/FFMCs/ADs including imports; agents/franchisees), Total Purchases, itemised Sales by category (BTQ; Business Visits; sales to other FFMCs/ADs including exports), Total Sales, and a Closing Balance (Opening + Purchases - Sales); the form also requires the money changer's identification, RBI licence number, and an authorised official's certification, signature, date and stamp.
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Monthly foreign currency notes summary for FFMCs must record opening balance, purchases, sales, closing balance, and certify accuracy.
FLM 8 requires FFMCs to record monthly foreign currency note transactions by currency, showing an Opening Balance, itemised Purchases by source (public; RMCs/FFMCs/ADs including imports; agents/franchisees), Total Purchases, itemised Sales by category (BTQ; Business Visits; sales to other FFMCs/ADs including exports), Total Sales, and a Closing Balance (Opening + Purchases - Sales); the form also requires the money changer's identification, RBI licence number, and an authorised official's certification, signature, date and stamp.
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