Remittances [Money Transfer Service Scheme (MTSS) and Rupee Drawing Arrangement (RDA)] - As on Jan 18, 2017

Chapters / List

1. What is Rupee Drawing Arrangement (RDA)?

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2. Who are non-resident Exchange Houses?

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3. What are the permissions needed for entering into such arrangements?

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4. What are the types of remittances which can be sent under RDA?

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5. Is there any limit on the amount of money which can be sent under RDA?

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6. Can cash payment be made to the beneficiary under RDA?

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7. Can the remittance be credited to the bank account of the beneficiary even if the bank does not have any tie-up with a non-resident Exchange House?

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8. What is Money Transfer Service Scheme (MTSS)?

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9. Who is an Overseas Principal?

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10. Who is an Indian Agent?

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11. What are the permissions needed for carrying out MTSS?

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12. What are the types of remittances which can be received under the MTSS?

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13. Is there any limit on the amount of money which can be sent under MTSS?

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14. Can cash payment be made to the beneficiary under MTSS?

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