https://www.taxtmi.com/circulars?id=5431 Amendments change operational rules for Vostro accounts of non resident exchange houses by extending the permissible float period for transfers into the designated drawee account and by reducing the collateral coverage requirement under the Non DDA procedure; collateral may be maintained as a cash deposit or as a bank guarantee from an international bank of repute. en-us Tue, 02 Dec 2008 00:00:00 +0530 Tue, 02 Dec 2008 19:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5431 Amendments change operational rules for Vostro accounts of non resident exchange houses by extending the permissible float period for transfers into the designated drawee account and by reducing the collateral coverage requirement under the Non DDA procedure; collateral may be maintained as a cash deposit or as a bank guarantee from an international bank of repute. Circulars FEMA Tue, 02 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5431