Issue of Encashment Certificate (EC)

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..... d to Annexure V to A. D. (M. A. Series) Circular No. 11 dated May 16, 2000 in terms of which, pending issue of further directions, Authorised Dealers would be guided by the provisions of para 3 D.4 of the Exchange Control Manual (ECM, Volume I) for issue of Encashment Certificate. [ECM is available on the Bank's website at http://www.rbi.org.in/scripts/BS_ECMCatDisplay.aspx?catid=10 ]. 2. Accord .....

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..... ed by the customer, Encashment Certificate in form ECF, duly signed by authorised officials, may be issued by ADs Category I on their letter-head (with their logo printed on it), irrespective of the amount. A proper record of all Encashment Certificates issued may be maintained. In cases where the Encashment Certificate is not issued, attention of the customer should be drawn to the fact that in t .....

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