Rupee Drawing Arrangement - Enabling Bharat Bill Payment System (BBPS) to process cross-border inbound Bill Payments

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Full Text of the Document

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....ents Please refer to A.P. (DIR Series) Circular No. 120 dated April 10, 2014 on 'Rupee Drawing Arrangement - Direct to Account Facility', in terms of which, foreign inward remittances received under Rupee Drawing Arrangement (RDA) can be transferred to the KYC compliant beneficiary bank accounts through electronic mode, such as, NEFT, IMPS, etc. subject to the procedure and conditions mentioned t....