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Home Acts & Rules FEMA Rules Foreign Exchange Management (Current Account Transactions) Rules, 2000 This

Foreign Exchange Management (Current Account Transactions) Rules, 2000

Rule 1	:	Short title and commencement
Rule 2	:	Definitions
Rule 3	:	Prohibition on drawal of foreign exchange
Rule 4	:	Prior approval of Government of India
Rule 5	:	Prior approval of Reserve Bank
Rule 6	:	Payment from EEFC Account
Rule 7	:	Use of International Credit Card while outside India
SCHEDULE I	:	See Rule 3 - Transactions which are prohibited
SCHEDULE II	:	See Rule 4 - Transactions which require prior approval of the Central Government
SCHEDULE III	:	See Rule 5 - Transactions which require prior approval of Reserve Bank

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