https://www.taxtmi.com/manuals?id=2925 Authorised Person under FEMA includes authorised dealers, money changers and offshore banking units authorised by the Reserve Bank to deal in foreign exchange or foreign securities. Money changers may transact in coins, notes and travellers cheques and are classified as FFMCs or RMCs with differing powers to buy and sell foreign exchange. Offshore Banking Units in SEZs are authorised bank branches that transact only in foreign exchange, cannot deal with Indian residents, may transact principal to principal with authorised dealers, and may deal with SEZ units subject to regulatory ceilings and licence conditions. en-us Mon, 26 Jun 2023 12:58:00 +0530 Tue, 17 Feb 2026 15:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2925 Authorised Person under FEMA includes authorised dealers, money changers and offshore banking units authorised by the Reserve Bank to deal in foreign exchange or foreign securities. Money changers may transact in coins, notes and travellers cheques and are classified as FFMCs or RMCs with differing powers to buy and sell foreign exchange. Offshore Banking Units in SEZs are authorised bank branches that transact only in foreign exchange, cannot deal with Indian residents, may transact principal to principal with authorised dealers, and may deal with SEZ units subject to regulatory ceilings and licence conditions. Manuals FEMA Mon, 26 Jun 2023 12:58:00 +0530 https://www.taxtmi.com/manuals?id=2925