MANU/APDR/0034/2016
Ministry : Reserve Bank of India
Department/Board : RBI A.P. DIR (Series)
Circular No. : A. P. (DIR Series) Circular No. 70
RBI/2015-2016/401
Date : 19.05.2016
Notification/ Circulars Referred : A.P. (DIR Series) Circular No. 89 dated March 12, 2013 MANU/APDR/0044/2013
Citing Reference:
A.P. (DIR Series) Circular No. 89 dated March 12, 2013 MANU/APDR/0044/2013 Referred
To
All Authorised Persons, who are Indian Agents under Money Transfer Service Scheme
Money Transfer Service Scheme - Submission of statement/returns under XBRL
Madam / Sir,
Attention of Authorised Persons, who are Indian Agents under Money Transfer Service Scheme (MTSS) is invited to the A.P. (DIR Series) Circular No. 89 dated March 12, 2013 in terms of which all Authorised Persons, who are Indian Agents under Money Transfer Service Scheme were required to submit quarterly statement of the quantum of remittances received in the prescribed format.
2. All Authorised Persons, who are Indian Agents under Money Transfer Service Scheme (MTSS) are now advised to report the above mentioned statement in eXtensible Business Reporting Language (XBRL) system from the quarter ending June 2016.
3. The reporting platform may be accessed at https://secweb.rbi.org.in/orfsxbrl/. For User name and password, Authorised Persons, who are Indian Agents under Money Transfer Service Scheme (MTSS) are advised to submit the duly filled in form (Annex I) through email on or before May 30, 2016.
4. FED
Master Direction No. 18/2015-16 dated January 1, 2016 is being updated to re........