FDI - KYC signature

This query is : Resolved 

23 June 2008 As per the revised procedure of reporting under FDI scheme, the Company is required to submit KYC along with the FIRC. Is this KYC has to be signed by the Remitter's bank or by the Authorised Dealer ?

Please clarify

26 June 2008 Dear Sirisha,

KYC has to be signed by the Authorised Dealer, staing that all the information is accurate as provided by the remitter's bank.

Regards,

Srinath A.N.


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