RBI/2014-15/14
Master Circular No. 3/2014-15
July 01, 2014
To,
All Authorised Dealer Category-I Banks
Madam / Sir,
Master Circular on Memorandum of Instructions for Opening and Maintenance of Rupee/ Foreign Currency Vostro Accounts of Non-resident Exchange Houses
This Master Circular consolidates the existing instructions on the subject of Memorandum of Instructions for Opening and Maintenance of Rupee/ Foreign Currency Vostro Accounts of Non-resident Exchange Houses at one place. The list of underlying circulars/ notifications is set out in the Appendix.
2. This Master Circular is being updated from time to time as and when the fresh instructions are issued. The date up to which the Master Circular has been updated is suitably indicated.
3. This Master Circular may be referred to for general guidance. The Authorised Persons and the Authorised Dealer Category I banks may refer to respective circulars/ notifications for detailed information, if so needed.
Yours faithfully,
(B. P. Kanungo)
Principal Chief General Manager
