Directions for opening and operation of Accounts and settlement of payment for electronic payment transactions involving intermediaries - RBI - Reserve Bank of India
Directions for opening and operation of Accounts and settlement of payment for electronic payment transactions involving intermediaries
RBI/2010-11/339 December 28, 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. 1381/06.08.001/2010-11 dated December 20, 2010 on the captioned subject. 2. In continuation of the above directions, please note to forward a covering letter from your bank certifying that the quarterly certificate from the concurrent auditor being furnished to the Reserve Bank of India on the operations of the intermediaries' accounts includes all the intermediaries accounts maintained with your bank. 3. Please acknowledge receipt. Yours faithfully G Srinivas |