The Presidents/The Chief Executives of All

Authorized Dealers in Foreign Exchange

Dear Sir / Madam,

Updated Appendix V-147-Remittances to Digital Service Provider Companies

1. Attention of Authorized Dealers is invited to Para 14A, Chapter 14 of Foreign Exchange Manual, which prescribes the process of effecting remittances to Digital Service Provider Companies.
2. In order to facilitate the stakeholders to access the latest digital tools and platforms to develop new products and services, the list of digital services providers, given in Appendix V-147, has been enhanced. The updated Appendix V-147 is attached for information and compliance.
3. All other instructions on the subject remain unchanged.