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Guidelines for Compilation of R-Returns Bank-wide consolidated R-Return

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..... consolidated R-Return Attention of Authorised Dealer Category I (AD Category I) banks is invited to A. P. (DIR Series) Circular No.77 dated March 13, 2004 in terms of which they are required to submit separate branch-wise hard copy of the cover page of R-Return (NOSTRO) and R-Return (VOSTRO) together with a soft copy (floppy) of the details of foreign exchange transactions undertaken by them, u .....

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..... se R-Return under the existing system will eventually be phased out and all AD Category I banks will be required to switch over to the new system. Therefore, banks which are not exercising the option of submission of bank-wide R-Return immediately, may, however, initiate necessary steps and create requisite infrastructure for a smooth transition from branch-wise submission to the system of bank-wi .....

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..... ] Features of the optional system for submission of bank-wide R-Return (a) Under the optional procedure, the AD Category I banks may obtain an 'in principle' approval from Reserve Bank of India, Foreign Exchange Department, Central Office, Trade Division, Amar Bhawan, Mumbai 400 001 for submission of bank-wide R-Return. (b) The AD Category I bank opting for the new system has to ensure th .....

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..... l Analysis and Computer Services (DESACS), Reserve Bank of India, C-9, 8 th Floor, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 050 (e) The authorised signatory of the hard copy of the cover page will also be responsible for ensuring that the soft copy data is consistent with the data provided in the hard copy of the cover page. - Circular - Trade Notice - Public Notice - Instructions - .....

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