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Home Acts & Rules FEMA Rules FOREIGN EXCHANGE MANAGEMENT (ENCASHMENT OF DRAFT, CHEQUE, INSTRUMENT AND PAYMENT OF INTEREST) RULES, 2000. This

FOREIGN EXCHANGE MANAGEMENT (ENCASHMENT OF DRAFT, CHEQUE, INSTRUMENT AND PAYMENT OF INTEREST) RULES, 2000.

Rule 1 : Short title and commencement
Rule 2 : Definitions
Rule 3 : Delivery of Draft, Cheque and other Instrument for Encashment
Rule 4 : Encashment of draft, cheque or other instrument
Rule 5 : Opening an Account
Rule 6 : Indemnity
Rule 7 : Direction for Payment of the Proceeds
Rule 8 : Payment of interest on the seized Indian currency
 
 
 
 
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