https://www.taxtmi.com/circulars?id=7670 Residents may open a Resident Foreign Currency (Domestic) Account with Authorised Dealers using foreign currency notes, bank notes and travellers cheques from prescribed personal sources; the account is a non interest bearing current account with cheque facility, unlimited balance, and debits allowed for authorised current and capital account transactions under existing foreign exchange regulations. Authorised Dealers must follow normal account opening and KYC procedures and may forward requests to the Reserve Bank's regional offices pending formal notification. en-us Fri, 01 Nov 2002 00:00:00 +0530 Fri, 25 Sep 2009 10:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7670 Residents may open a Resident Foreign Currency (Domestic) Account with Authorised Dealers using foreign currency notes, bank notes and travellers cheques from prescribed personal sources; the account is a non interest bearing current account with cheque facility, unlimited balance, and debits allowed for authorised current and capital account transactions under existing foreign exchange regulations. Authorised Dealers must follow normal account opening and KYC procedures and may forward requests to the Reserve Bank's regional offices pending formal notification. Circulars FEMA Fri, 01 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7670