Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards/Combating the Financing of Terrorism (CFT) Obligation of Authorised Persons under Prevention of Money Laundering Act, (PMLA), 2002, as amended by Prevention of Money Laundering (Amendment) Act, 2009 Money changing activities

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....P. (DIR Series) Circular No. 51 November 15, 2012 To All Authorised Persons in Foreign Exchange Madam/Sir, Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards/Combating the Financing of Terrorism (CFT) Obligation of Authorised Persons under Prevention of Money Laundering Act, (PMLA), 2002, as amended by Prevention of Money Laundering (Amendment) Act, 2009 Money chan....

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....ended from time to time shall remain unchanged. 4. Authorised Persons may bring the contents of this circular to the notice of their constituents concerned. 5. These guidelines are also applicable mutatis mutandis to all agents/ franchisees of Authorised Persons and it will be the sole responsibility of the franchisers to ensure that their agents/franchisees also adhere to these guidelines. ....

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.... if any, required under any other law. Yours faithfully, Rudra Narayan Kar Chief General Manager Annex [Annex to A.P. (DIR Series) Circular No. dated November, 2012] Customer Identification Procedure Features to be verified and documents that may be obtained from customers Extant Guidelines Revised Guidelines Features Documents Features Documents Transactions....

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....ii) Bank account statement (iii) Letter from any recognized public authority (iv) Electricity bill (v) Ration card (vi) Letter from employer (subject to satisfaction of the AP). (any one of the documents, which provides customer information to the satisfaction of the AP will suffice). Note: - In case of foreign tourists, copies of passport containing identification particulars an....