https://www.taxtmi.com/forms?id=887 The prescribed application process requires AD Category I banks to submit a signed form to the Reserve Bank of India requesting permission to enter into Rupee/Foreign Currency Drawing Arrangements with an Exchange House, accompanied by specified documentary evidence (licences, AML compliance certificate, confidential opinions, audited financials, board resolution and the Exchange House's proposal). The form is divided into three parts: Part A on the applicant bank and existing arrangements; Part B on detailed particulars of the Exchange House including management, licences, financials and collateral; and Part C on the proposed arrangement's description, procedure, turnover projections, branch coverage and collateral terms, together with a managerial certification of adequacy of controls and veracity of information. en-us Mon, 02 Nov 2009 11:32:00 +0530 Tue, 03 Jun 2014 12:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forms?id=887 The prescribed application process requires AD Category I banks to submit a signed form to the Reserve Bank of India requesting permission to enter into Rupee/Foreign Currency Drawing Arrangements with an Exchange House, accompanied by specified documentary evidence (licences, AML compliance certificate, confidential opinions, audited financials, board resolution and the Exchange House's proposal). The form is divided into three parts: Part A on the applicant bank and existing arrangements; Part B on detailed particulars of the Exchange House including management, licences, financials and collateral; and Part C on the proposed arrangement's description, procedure, turnover projections, branch coverage and collateral terms, together with a managerial certification of adequacy of controls and veracity of information. Forms FEMA Mon, 02 Nov 2009 11:32:00 +0530 https://www.taxtmi.com/forms?id=887