Authorized sellers of foreign exchange: AD Category I and II banks and FFMCs may release exchange for travel purposes. Reserve Bank authorised persons may sell foreign exchange for travel: authorised dealers comprising AD Category I and AD Category II entities, and Full ... Summary
Authorized sellers of foreign exchange: AD Category I and II banks and FFMCs may release exchange for travel purposes.
Reserve Bank authorised persons may sell foreign exchange for travel: authorised dealers comprising AD Category I and AD Category II entities, and Full Fledged Money Changers (FFMCs) are permitted to release exchange for business and private visits under FEMA-related miscellaneous forex facilities.
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