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Levy of charges on forex prepaid cards/store value cards/travel cards, etc. - FEMA - 04

Extract

..... RBI/2023-24/29 A.P. (DIR Series) Circular No. 04 May 09, 2023 To All Authorised Persons Madam / Sir Levy of charges on forex prepaid cards/store value cards/travel cards, etc. Attention of Authorised Dealers is invited to relevant instructions contai .....

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Levy of charges on forex prepaid cards/store value cards/travel cards, etc. - FEMA

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..... ominated and settled in Rupees only. 3. The directions contained in this circular have been issued under sections 10 (4) and 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999) and are without prejudice to permissions/approvals, if any, r .....

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Levy of charges on forex prepaid cards/store value cards/travel cards, etc. - FEMA

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