Exchange Earner's Foreign Currency (EEFC) Account, Diamond Dollar Account (DDA) & Resident Foreign Currency (RFC) Domestic Account

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..... ount (DDA) Resident Foreign Currency (RFC) Domestic Account Attention of Authorised Dealer (AD) Category - I banks is invited to A.P. (DIR Series) Circulars Nos. 15, dated November 30, 2006 , 124, May 10, 2012 , 128 May 16, 2012 , 8 July 18, 2012 and 12, July 31, 2012 respectively, in terms of which all the foreign exchange earners were permitted to retain their foreign exchange earnin .....

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..... ts of this circular to the notice of their constituents and customers concerned. 6. 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, required under any other law. Yours faithfully, (Rashmi Fauzdar) Chief General Manager .....

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