Memorandum of Instructions governing money changing activities-Location of Forex Counters in International Airports in India

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..... ies-Location of Forex Counters in International Airports in India Attention of Authorised Persons is invited to the Memorandum of Instructions governing money changing activities, issued vide A. P. (DIR Series) Circular No. 57 [A.P. (FL/RL Series) Circular No. 04] dated March 9, 2009. 2. On a review relating to compliance of the Foreign Exchange Counters (full-fledged branches/ extension co .....

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..... alls in international airports in India shall be established only before the Customs Desk or the Immigration Desk, whichever comes first. Putting up suitable display at these counters, reminding the passengers that the area is the last point for non-residents to possess Indian Rupees (INR) may be followed up with the Airport Authorities. 3. The Foreign Exchange Counters of Authorised Dealers Cat .....

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