https://www.taxtmi.com/circulars?id=7671 Authorised dealers may issue international credit cards to NRIs/PIOs without prior Reserve Bank approval provided all charges on card use are settled only from inward remittances or from balances in the cardholder's NRE or FCNR accounts, and authorised dealers must inform their constituents and ensure compliance with this funding restriction. en-us Tue, 05 Nov 2002 00:00:00 +0530 Fri, 25 Sep 2009 10:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7671 Authorised dealers may issue international credit cards to NRIs/PIOs without prior Reserve Bank approval provided all charges on card use are settled only from inward remittances or from balances in the cardholder's NRE or FCNR accounts, and authorised dealers must inform their constituents and ensure compliance with this funding restriction. Circulars FEMA Tue, 05 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7671