https://www.taxtmi.com/circulars?id=4309 Credit to NRE accounts is permitted for proceeds of demand drafts and bankers' cheques issued against encashment of foreign currency where the instruments are supported by an encashment certificate issued by authorized dealers, enabling AD Category I banks and authorized banks to credit the NRE account of the NRI account holder as a liberalisation measure while remaining subject to anti money laundering constraints and other statutory permissions. en-us Fri, 30 May 2008 00:00:00 +0530 Wed, 01 Oct 2008 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4309 Credit to NRE accounts is permitted for proceeds of demand drafts and bankers' cheques issued against encashment of foreign currency where the instruments are supported by an encashment certificate issued by authorized dealers, enabling AD Category I banks and authorized banks to credit the NRE account of the NRI account holder as a liberalisation measure while remaining subject to anti money laundering constraints and other statutory permissions. Circulars FEMA Fri, 30 May 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4309