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International Trade Settlement in Indian Rupees (INR) – Opening of additional Current Account for settlement of trade transactions

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Full Text of the Document

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....upees (INR) - Opening of additional Current Account for settlement of trade transactions Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to FED Circular No. 08 dated November 17, 2023, in terms of which, AD Category-I banks maintaining Special Rupee Vostro Account vide A.P. (DIR Series) Circular No.10 dated July 11, 2022 on International Trade Settlement in Indian....

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