Supreme Court Rebukes RBI for Remaining a Bystander as YES Bank Operated Clandestinely || Supreme Court: Lower Fresh Bids Alone Cannot Justify Cancellation of an Auction || Supreme Court Directs Delhi Police to Produce Section 163 BNSS Orders and Preserve CCTV Footage || Supreme Court Affirms Menstrual Hygiene as a Fundamental Right, Warns States of Contempt || Supreme Court Flags AI-Generated Fake Judgments Submitted in a Party’s Case Compilation || Karnataka High Court: Vijay Mallya’s Flamboyant Lifestyle Hinders Settlement of Bank Claims || Delhi High Court: Women can be Booked for Gang Rape without Physically Committing it || Delhi High Court: Litigants Must Track Their Cases and Cannot Blame Lawyers for Their Own Inaction || Allahabad High Court: Contract Workers Must Prove Work Parity With Regular Staff for Equal Pay || Allahabad High Court Directs UP Trial Courts to Decide Maintenance Execution Cases Within Six Months

Processing and settlement of import and export related payments facilitated by Online Payment Gateway Service Providers - (Reserve Bank of India) (24 Sep 2015)

Import-export payments facilitated by OPGSP

MANU/APDR/0075/2015

Banking

Reserve Bank of India has permitted AD Category-1 banks to offer the facility of repatriating import related remittances, in respect of import of goods and services, by entering into standing arrangements with the Online Payment Gateway Service Providers.

Relevant : Enhancement of the value of transaction MANU/APDR/0072/2013 Processing and Settlement of Export by Online Payment Gateways MANU/APDR/0137/2010

Tags : BANK IMPORT REMITTANCE ONLINE PAYMENT

Share :