Use of International Debit Cards/Store Value Cards/Charge Cards/Smart Cards by Resident Indians while on a visit outside India.

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..... rds by Resident Indians while on a visit outside India Attention of all Authorised Persons, who are authorised to issue foreign currency pre-paid cards to resident Indians visiting outside India, is invited to Para B(5) of the A. P. (DIR Series) Circular No. 46 dated June 14, 2005, in terms of which the use of such cards is limited to permissible current account transactions and subject to t .....

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..... and remain unclaimed/ not settled by the acquirers as of the date of redemption till the completion of the respective settlement cycle; A small balance not exceeding US$ 100, for meeting any pipeline transactions till the completion of the respective settlement cycle; and Transaction fees/service tax payable in India in Rupees. For the amounts that are authorised but unclaimed/ not settle .....

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