Advance Category – I Authorised Dealer Banks

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Full Text of the Document

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....er Banks Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to the provisions contained in A.P.(DIR Series) Circular No. 21 dated December 29, 2009 in terms of which, AD Category - I banks have been permitted to make advance remittance without any limit and without Bank Guarantee or Standby Letter of Credit, by an importer (other than Public Sector Company or Departm....