"Such facility may also be usable through international cards (prepaid or debit or credit), subject to adherence to applicable instructions," according to a BB circular issued on Tuesday.
To streamline card reporting procedure, the circular said, a new field named "Medical Quota" has been added under ENTITLEMNT menu in online international card monitoring system for reporting of foreign exchange released through international cards (prepaid or debit or credit) for travelling abroad on health grounds.
In accordance with the above reporting procedure, authorised dealers (ADs) are advised to report foreign exchange transactions executed through international cards on account of health grounds.
BB allows $10,000 for travel abroad on medical grounds
FE Team | Published: July 09, 2019 23:58:32
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