International Seminar/Conference/Convention etc. in India - Temporary Foreign Currency Accounts

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..... change Madam/Sirs, International Seminar/Conference/Convention etc. in India - Temporary Foreign Currency Accounts Attention of authorised dealers is invited to Notification No.FEMA 10/2000-RB dated 3rd May 2000 viz. the Foreign Exchange Management (Foreign Currency Accounts by person resident in India) regulation 2000. Authorised Dealers are also aware that opening of temporary Foreign Currenc .....

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..... y. 4. The facility would be subject to the following conditions:- A. CREDITS: All inward remittances in foreign currency towards registration fees payable by overseas delegates, grant, sponsorship fees and donations, received from abroad, in connection with the conference, convention, etc. B. DEBITS: i. Payment to foreign/special invitees attending the conference, etc., on the specific invi .....

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