Release of Exchange for Private Travel A.P. (DIR Series) Circular No.79 (February 17, 2003) - RBI - Reserve Bank of India
Release of Exchange for Private Travel
A.P. (DIR Series) Circular No.79 (February 17, 2003)
Reserve Bank of India A.P. (DIR Series) Circular No.79 February 17, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Release of Exchange for Private Travel Attention of authorised dealers is invited to A.P. (DIR Series) Circular No.31 dated October 18, 2002 annexing thereto particulars of the Nodal Officers of Reserve Bank nominated at Regional Offices for dealing with applications for release of exchange for private travel exceeding USD 5,000 and subsequent A.P. (DIR Series) Circular No.51 dated November 18, 2002 enhancing the said limit to USD 10,000. 2. It has since been decided to nominate Nodal Officers at Jammu, Srinagar and Nagpur Offices as indicated below :
3. Authorised Dealers may bring the contents of this circular to the notice of their constituents concerned. 4. The directions contained in this circular have been issued under Section 10(4) and Section 11(1) of the Foreign Exchange Management Act 1999 (42 of 1999). Yours faithfully, Grace Koshie Chief General Manager |