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    <title>Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Seventh Amendment) Regulations, 2025</title>
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    <description>Exporters resident in India may maintain Foreign Currency Accounts with banks outside India for full export proceeds and advance export remittances. Funds may be used for imports into India or repatriated after adjustment of forward commitments. Accounts maintained with banks in an International Financial Services Centre allow utilisation or repatriation by the end of three months from receipt, while accounts in other jurisdictions require action by the end of the following month. Export realisation and repatriation requirements continue to apply, and accounts permitted outside India may also be opened in an IFSC.</description>
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