Asian Clearing Union (ACU) Mechanism – Indo-Sri Lanka trade ; RBI Notification

July 12, 2022

Attention of Authorized Dealer Category – I (AD Category-I) banks is invited to Regulations 3 and 5 of Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2016 in terms of which export / import transactions between ACU member countries are to be routed through the ACU mechanism.

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