Liberalised Remittance Scheme (LRS)- Submission of ‘LRS Daily Return’ by Authorised Dealers- Category -II banks/ entities and Full- Fledged Money Changers.

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.... (LRS)- Submission of 'LRS Daily Return' by Authorised Dealers- Category -II banks/ entities and Full- Fledged Money Changers Attention of Authorised Persons is invited to A. P. (DIR Series) Circular No. 16 dated September 06, 2024, in terms of which, Authorised Dealer (AD) Category-I banks are required to submit 'LRS daily return' (return code in CIMS:R010) on Centralised Information Managemen....

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....bmit the 'LRS daily return' (including 'nil' report, if applicable) with effect from January 01, 2026. Consequently, AD Category-II banks/ entities and FFMCs may discontinue submitting the LRS transactions through AD category-I banks. 4. All Authorised Persons, including the AD Category-II banks/ entities and FFMCs are advised to follow the instructions provided in the User Manual for submissio....