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.
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.
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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