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    <title>Can agents of overseas shipping or airline companies continue to maintain foreign currency account with the designated AD Bank in India after such airline or shipping companies have set up BO in India?</title>
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    <description>Agents of overseas shipping or airline companies may continue to maintain foreign currency accounts with the designated authorised dealer after the principal sets up a Branch Office in India, provided the Branch Office limits its transactions to its designated INR account and does not channel any of its receipts or payments through the agent&#039;s foreign currency account.</description>
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