Master Circular on Memorandum of Instructions governing money changing activities

RBI/2011-12/376
Master Circular No.13 /2011-12 
(Updated as on January 31, 2012)

To,

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 It will stand withdrawn on July 1, 2012 and would be replaced by an updated Master Circular on the subject.

Yours faithfully,

(Meena Hemchandra)
Chief General Manager-in-Charge

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