FETERS – Cards: Monthly Reporting

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..... er the Foreign Exchange Transactions Electronic Reporting System (FETERS). It has been decided to collect more details of international transactions using credit card / debit card / unified payment interface (UPI) along with their economic classification (merchant category code - MCC) through a new return called 'FETERS-Cards', using the same web-portal (https://bop.rbi.org.in). 2. Nodal offices .....

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..... Banks need to report all card transactions (e.g., through PoS terminals / e-commerce (online purchase) / for transferring funds to bank accounts). 4. Data submission by ADs: i. ADs shall submit the FETERS-Cards data on the web-portal (https://bop.rbi.org.in) by using the RBI-provided login-name and password, within seven working days from the last date of the month for which data are being repo .....

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