3D.9A
- Document type
- Manual
- Dated
- Category
- Exchange Management Manual
Providing foreign currency travellers cheques
Providing foreign currency travellers cheques and notes to the Master/Captain of foreign vessels against inward remittance
The authorised dealer through whom remittance in the name of the Master/Captain of a foreign vessel calling at an Indian port has been received may, on proper identification with reference to passport of the Master/Captain in whose name the remittance has been received, provide foreign currency travellers cheques in the name of the Master/Captain of the ship and/or foreign currency notes for meeting the local expenses and/or making payment to members of the crew on board. Foreign currency travellers cheques/notes should, however, not be made available to the Master/Captain of foreign ship where the remittance has been received in favour of the local agent of the shipping company.