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    <title>Release of Exchange for Private Travel</title>
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    <description>Authorised dealers must obtain prior permission from the Reserve Bank before releasing foreign exchange above the prescribed annual limit for private visits (excluding Nepal and Bhutan). Regional Offices have nominated nodal officers to ensure same day disposal of such applications; applications may be forwarded by fax or e mail and central contact details are provided for difficulties. The instructions are issued under the Foreign Exchange Management Act and authorised dealers are to inform their constituents.</description>
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    <pubDate>Fri, 18 Oct 2002 00:00:00 +0530</pubDate>
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      <description>Authorised dealers must obtain prior permission from the Reserve Bank before releasing foreign exchange above the prescribed annual limit for private visits (excluding Nepal and Bhutan). Regional Offices have nominated nodal officers to ensure same day disposal of such applications; applications may be forwarded by fax or e mail and central contact details are provided for difficulties. The instructions are issued under the Foreign Exchange Management Act and authorised dealers are to inform their constituents.</description>
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