FETERS – Cards: Monthly Reporting

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..... ion of R-Returns for reporting under the Foreign Exchange Transactions Electronic Reporting System (FETERS). It has been decided to collect more details of international transactions using credit card / debit card / unified payment interface (UPI) along with their economic classification (merchant category code MCC) through a new return called FETERS-Cards , using the same web-portal (https://b .....

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..... ayment/Refund) X QR Code Scan (Yes/No) 3. AD Banks need to report all card transactions (e.g., through PoS terminals / e-commerce (online purchase) / for transferring funds to bank accounts). 4. Data submission by ADs: i. ADs shall submit the FETERS-Cards data on the web-portal (https://bop.rbi.org.in) by using the RBI-provided login-name and password, within seven working days from the l .....

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