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International Credit Cards - Liberalisation of Facilities for Residents

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Full Text of the Document

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....ralisation of Facilities for Residents Attention of authorised dealers is invited to A.P. (DIR Series) Circular No.73 dated January 24, 2003, relating to the use of International Credit Cards. 2. As a step towards further liberalisation, resident individuals maintaining a foreign currency account with an authorised dealer in India or a bank abroad, as permissible under extant Foreign Exchang....