Designated FCRA account requirements ensure foreign contributions are received only in specified accounts and reported accordingly.

Foreign contributions must be received only in an account designated as the FCRA Account opened in the specified SBI New Delhi Main Branch or other notified branch; entities may open additional FCRA Accounts in scheduled banks solely for keeping or utilising such contributions. No non-foreign funds may be deposited into FCRA Accounts. Designated account details must be intimated electronically, banks must report foreign remittance receipts and utilisations within prescribed timelines, transfers to other persons are not permitted, and changes to registration particulars require electronic intimation and government approval.

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