Rupee Drawing Arrangement: inward remittances permitted to individuals and exchange houses under specified limits for private accounts. The Rupee Drawing Arrangement permits cross border inward remittances to India primarily on private account where remitter and beneficiary are ... Summary
Rupee Drawing Arrangement: inward remittances permitted to individuals and exchange houses under specified limits for private accounts.
The Rupee Drawing Arrangement permits cross border inward remittances to India primarily on private account where remitter and beneficiary are individuals, with limited exceptions; remittances via Exchange Houses are allowed for financing trade transactions subject to specified limits, and the scheme is not used for outward remittances from India.
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