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          FEMA

          Who are authorized by the Reserve Bank to sell foreign exchange for travel purposes?

          Miscellaneous forex facilities - As on Oct 21, 2021

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          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.
                            Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                              Provisions expressly mentioned in the judgment/order text.

                                  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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