https://www.taxtmi.com/circulars?id=54178 Master Direction sets the regulatory framework for Rupee Drawing Arrangements and Rupee/foreign currency vostro accounts of non resident Exchange Houses with AD Category I banks, requiring bank due diligence on Exchange Houses, separate credit only accounts funded by sale of permitted foreign currency or DDA mechanics, prohibition of overdrafts and transfers, specified permissible inward remittance uses, mandated KYC/AML/CFT compliance, and distinct DDA, Non DDA and Speed Remittance procedures with corresponding audit, reporting and collateral regimes. en-us Fri, 01 Jan 2016 00:00:00 +0530 Tue, 23 Sep 2025 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54178 Master Direction sets the regulatory framework for Rupee Drawing Arrangements and Rupee/foreign currency vostro accounts of non resident Exchange Houses with AD Category I banks, requiring bank due diligence on Exchange Houses, separate credit only accounts funded by sale of permitted foreign currency or DDA mechanics, prohibition of overdrafts and transfers, specified permissible inward remittance uses, mandated KYC/AML/CFT compliance, and distinct DDA, Non DDA and Speed Remittance procedures with corresponding audit, reporting and collateral regimes. Circulars FEMA Fri, 01 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54178