All
Authorized Dealers
In Foreign Exchange,
Dear
Sirs,
RELEASE
OF FOREIGN EXCHANGE FOR PRIVATE TRAVEL
Attention
of the Authorized Dealers is invited to para
44, Chapter
XVII of the Foreign Exchange Manual (7th
Edition – 1992) in terms of which they are invariably
required to mentioned the place and date of issue in the
travelers cheques. The Authorized Dealers are also required
to ensure that traveler’s cheques are invariably singed
personally by the applicant in the presence of the Authorized
Dealer. It is once again emphasized on the Authorized Dealers
that the aforementioned instructions should strictly be
followed.
