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Modification in the Operational Guidelines for Foreign Portfolio Investors, Designated Depository Participants and Eligible Foreign Investors-Bank account details to which the payment is to be done electronically

June 21, 2022

Circular No.: SEBI/HO/IMD/FPI&C/CIR/P/2022/84

 

Applied to
1. All Foreign Portfolio Investors (“FPIs”) through their Designated Depository Participants (“DDPs”)
2. Designated Depository Participants (“DDPs”)/Custodian

 

1.‘Annexure D’ of the ‘Operational Guidelines for Foreign Portfolio Investors, Designated Depository Participants and Eligible Foreign Investors’, issued vide SEBI Circular No. IMD/FPI&C/CIR/P/2019/124 dated November 05, 2019 (hereinafter referred to as ‘the Operational Guidelines’), inter-alia, specifies Bank account details for remittance of various payment of various SEBI fees in US $.
2.In order to facilitate faster confirmation of remittances by theintermediaries,necessary arrangement has been made for foreign inward remittances in the following account:

Name of the Bank Account Securities and Exchange Board of India
Name of Bank, Branch ICICI Bank Ltd.,
Bandra Kurla Complex,
Bandra (East),
Mumbai 400051
Bank Account No. 55501001994
IFSC Code ICIC0000555
MICR Code No. 400229029
Swift Code No. ICICINBBNRI

 

3.All other provisions of the Operational Guidelines shall remain unchanged. The provisions of this circular shall be applicable with effect from June 24, 2022.
4.This circular is issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992

 

Source : https://www.sebi.gov.in/legal/circulars/

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