Cross-border personal remittances under MTSS permit family maintenance and tourist transfers while excluding donations, trade, property, and investments. Under the Money Transfer Service Scheme and Rupee Drawing Arrangement only cross-border personal remittances-notably family maintenance and tourist ... Summary
Cross-border personal remittances under MTSS permit family maintenance and tourist transfers while excluding donations, trade, property, and investments.
Under the Money Transfer Service Scheme and Rupee Drawing Arrangement only cross-border personal remittances-notably family maintenance and tourist remittances-are permitted; donations, trade remittances, property purchase remittances, investment remittances and credits to NRE accounts are excluded.
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