Para 10 - Modalities of payment of reward to an Informant who is a foreign person - Benami Transactions Informants Reward Scheme, 2018

10. Modalities of payment of reward to an Informant who is a foreign person: The reward to an informant who is a foreign person may be paid by regular banking channel as per guidelines issued by Reserve Bank of India (otherwise than cash), to his bank account in India or abroad, as requested in writing by the Informant, in Indian Rupees or its equivalent US Dollar at the exchange rate prevailing at the time of actual payment of reward. Commission or charges for payment in US Dollar shall be deducted from the gross reward amount granted.