Third party payments for export / import transactions

RBI/2013-14/364 A. P. (DIR Series) Circular No.70 November 8 , 2013 To All Category-I Authorised Dealer Banks Madam / Sir, Third party payments for export / import transactions Attention of Authorized Dealer Category I banks is invited to various provisions of FEMA Notification No. 14 dated May 3, 2000 dealing with the manner of receipt & payment… Read More

Tags: Électricité de France, EDF, Export, FATF, Financial Action Task Force on Money Laundering, Foreign Exchange Management Act, Import, Somalia