Reporting responsibility: AD bank in India must report cross-border transactions in correspondent banks' Special Rupee Vostro Accounts. The Authorized Dealer (AD) bank in India shall be responsible for reporting transactions taking place in the correspondent bank's Special Rupee Vostro ... Summary
Reporting responsibility: AD bank in India must report cross-border transactions in correspondent banks' Special Rupee Vostro Accounts.
The Authorized Dealer (AD) bank in India shall be responsible for reporting transactions taking place in the correspondent bank's Special Rupee Vostro Account of the trading partner country in the context of international trade settlement in INR.
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