Foreign Currency Account by diplomatic missions - Credit of Visa Fees

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.... by diplomatic missions - Credit of Visa Fees Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to clause (a) of sub-regulation 3 of Regulation 4 of the Notification No. FEMA 5/2000-RB dated May 3, 2000 viz. Foreign Exchange Management (Deposit) Regulations, 2000, as amended from time to time, in terms of which proceeds of inward remittances received from outside In....

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.... enclosed). 4. Accordingly, AD Category -I banks may allow the diplomatic missions to credit the visa fees collected in India in Indian rupees, by way of transfer from the rupee account, to the account maintained in foreign currency by the diplomatic missions. 5. AD Category - I banks may bring the contents of this circular to the notice of their constituents concerned. 6. The directions ....

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....India makes the following amendments in the Foreign Exchange Management (Deposit) Regulations, 2000 (Notification No.FEMA.5/2000-RB dated May 3, 2000) namely : - 1. Short title and commencement :- (i) These regulations may be called the Foreign Exchange Management (Deposit) (Amendment) Regulations, 2009. (ii) They shall come into force from the date of their publication in the Official Ga....