Master Circular No.13 /2011-12
(Updated as on January 31, 2012)
All Authorised Persons in Foreign Exchange
Madam / Sir,
Master Circular on Memorandum of Instructions
governing money changing activities
This Master Circular consolidates the existing instructions on the subject of Memorandum of Instructions governing money changing activities at one place. The list of underlying circulars/ notifications is set out in Appendix.
2. This Master Circular is being issued with a sunset clause. It will stand withdrawn on July 1, 2012 and would be replaced by an updated Master Circular on the subject.
Chief General Manager-in-Charge