Directions for opening and operation of Accounts and settlement of payment for electronic payment transactions involving intermediaries - আরবিআই - Reserve Bank of India
Directions for opening and operation of Accounts and settlement of payment for electronic payment transactions involving intermediaries
RBI/2010/11/329 December 20, 2010 To All Scheduled Commercial Banks Dear Sir, Directions for opening and operation of Accounts and settlement of Please refer to our circular Ref no. 1102/02.14.08/2009-10 dated November 24, 2009 on the captioned subject. In this regard you are advised to forward us a complete list of intermediaries accounts maintained with your bank by 5th January 2011. 2. A certificate from the concurrent auditor on the operations of the intermediaries' accounts being in accordance with directions as provided for in the said circular on a quarterly basis should reach us within a fortnight from the quarter to which it pertains (the report for quarter ending December 2010 to reach us by January 15, 2011). 3. A NIL report may be submitted in case of your bank holds no internal account of intermediaries. Yours faithfully G Srinivas |