Rupee Drawing Arrangement enables receipt of cross-border remittances via authorised banks partnering with non-resident exchange houses.

Rupee Drawing Arrangement (RDA) is a channel enabling receipt of cross-border remittances where Authorised Category I banks tie up with non resident Exchange Houses in FATF compliant jurisdictions to open and maintain Vostro Accounts, facilitating inward transfers under remittance schemes such as the Money Transfer Service Scheme.

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