International Trade Settlement in Indian Rupees (INR) – Opening of additional Current Account for settlement of trade transactions

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..... cular No. 11 June 11, 2024 All Scheduled Commercial Banks (holding AD Category-I license) Madam/Sir International Trade Settlement in Indian Rupees (INR) - Opening of additional Current Account f .....

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..... ial current account for its constituents, exclusively for settlement of export transactions. 2. On a review, and to provide operational flexibility, the facility of opening an additional special curr .....

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