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Processing and Settlement of Export related receipts facilitated by Online Payment Gateways – Enhancement of the value of transaction

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Full Text of the Document

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....ted receipts facilitated by Online Payment Gateways - Enhancement of the value of transaction Attention of Authorised Dealer Category 1 (AD Category - 1) banks is invited to the A.P. (DIR Series) Circular No. 35 dated October 14, 2011 in terms of which AD Category I banks have been permitted to offer the facility to repatriate export related remittances by entering into standing arrangements wi....