“Set-off” of export receivables against import payables - Liberalization of Procedure

Last updated: 18 November 2011

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RBI/2011-12/264 A.P. (DIR Series) Circular No. 47 November 17, 2011 To All Category I Authorized Dealer Banks Madam/Sir, Set-off of export receivables against import payables- Liberalization of Procedure Attention of Authorized Dealer Category I (AD Category I) banks is invited to the fact that the requests received from the exporters through their AD branches for set-off of export receivables against import payables are considered by the Reserve Bank of India. As a measure of fu

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Notification No : A.P. (DIR Series) Circular No. 47

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