Remittance restrictions clarified: current account transfers to Mauritius and Pakistan permitted; FATF listed non cooperative and terror linked transfers prohibited.

There are no restrictions on remittances for permissible current account transactions to Mauritius and Pakistan; however, remittances directly or indirectly to jurisdictions identified by the Financial Action Task Force as non cooperative, and to individuals or entities advised by the Reserve Bank as posing significant terrorism risk, are not permissible.

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