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          FEMA

          Is there any Cheque facility available?

          Exchange Earners Foreign Currency (EEFC) Account - As on Jul 05, 2016

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          Cheque facility for EEFC accounts is permitted under FEMA for account operation, subject to applicable rules. Cheque payment instruments are permitted for use in operating Exchange Earners Foreign Currency (EEFC) accounts under FEMA, allowing cheque-based debits and withdrawals from EEFC balances, subject to applicable account operation rules, bank instructions and FEMA compliance requirements.
                            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.

                                  Cheque facility for EEFC accounts is permitted under FEMA for account operation, subject to applicable rules.

                                  Cheque payment instruments are permitted for use in operating Exchange Earners Foreign Currency (EEFC) accounts under FEMA, allowing cheque-based debits and withdrawals from EEFC balances, subject to applicable account operation rules, bank instructions and FEMA compliance requirements.


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