Reserve Bank Of India
A.P. (DIR Series) Circular No. 73
January 10, 2013
To
All Authorised Persons, who are Indian Agents under Money Transfer Service
Scheme
Madam/ Dear Sir,
Uploading of Reports on FINnet Gateway
Please refer to our
A.P.(DIR Series) Circular No. 43 dated October 12, 2012,
advising all Authorised Persons, who are Indian Agents under Money Transfer
Service Scheme (MTSS) to initiate submission of reports on the FINnet Gateway in
'Test Mode' from August 31, 2012.
- FIU-IND have now advised that the 'go-live' date is October 20, 2012 and that Authorised Persons, who are Indian agents under MTSS may discontinue submission
of reports in CD format after October 20, 2012, using only FINnet gateway for
uploading of reports in the new XML reporting format. Any report in CD format
received after October 20, 2012 will not be treated as a valid submission by
FIU-IND.
- All Authorised Persons, who are Indian agents under MTSS are accordingly
advised to take action as required by FIU-IND and ensure that all reports are
submitted in time as per the schedule.
- For any clarification/assistance regarding submission of reports, you may
contact FIU-IND help desk at e-mail or telephone numbers 011-24109792/93.
- The directions contained in this Circular have been issued under Section
10(4) and Section 11(1) of the Foreign Exchange Management Act, 1999 (42 of
1999)and also under the, Prevention of Money Laundering Act, (PMLA), 2002, as
amended by Prevention of Money Laundering (Amendment) Act, 2009 and Prevention
of Money-Laundering (Maintenance of Records of the Nature and Value of
Transactions, the Procedure and Manner of Maintaining and Time for Furnishing
Information and Verification and Maintenance of Records of the Identity of the
Clients of the Banking Companies, Financial Institutions and Intermediaries)
Rules, 2005 as amended from time to time and are without prejudice to permission
/approvals, if any, required under any other law.
Yours faithfully,
(Rudra Narayan Kar)
Chief General Manager
RBI/2012-13/374