Reporting obligations for Authorized Dealers: monthly Exchange House account statement with Nostro confirmation and RBI compliance requirements. Template requiring Authorized Dealer Cat-I banks to report monthly Exchange House account particulars including opening/closing balances, total credits/debits, estimated pipeline debits, recent principal payments, funds held abroad as collateral, and surplus/deficit to cover payments; itemised counter-value Nostro credits and recoveries; and five confirmations covering use of payment advices, Nostro credit receipt before rupee credit, compliance with RBI guidelines and agreements, forwarding to International/Nostro officer, absence of adverse international department reports, with certification by Chief Manager and General Manager in charge.
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Reporting obligations for Authorized Dealers: monthly Exchange House account statement with Nostro confirmation and RBI compliance requirements.
Template requiring Authorized Dealer Cat-I banks to report monthly Exchange House account particulars including opening/closing balances, total credits/debits, estimated pipeline debits, recent principal payments, funds held abroad as collateral, and surplus/deficit to cover payments; itemised counter-value Nostro credits and recoveries; and five confirmations covering use of payment advices, Nostro credit receipt before rupee credit, compliance with RBI guidelines and agreements, forwarding to International/Nostro officer, absence of adverse international department reports, with certification by Chief Manager and General Manager in charge.
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