Rbi advisory on overseas forex trading through electronic internet trading portals

Nov 17, 2011 · The RBI said it has observed instances where overseas foreign exchange trading has been introduced on a number of internet and electronic trading portals…

RBI notification on Overseas forex trading through ... Sep 17, 2013 · RBI/2013-14/265 A.P. (DIR Series) Circular No. 46. September 17, 2013. To. All Category – I Authorised Dealer Banks. Madam/ Sir, Overseas forex trading through electronic / internet trading portals Overseas forex trading through electronic / internet ... Nov 17, 2011 · RBI/2011-12/262 A.P. (DIR Series) Circular No. 46, November 17, 2011. Overseas forex trading through electronic / internet trading portals. Attention of the Authorised Dealer Category – I (AD Category – I) banks is invited to A.P. (DIR Series) Circular No. 53 dated April 07, 2011 wherein AD Category I banks were advised to exercise due caution and be extra vigilant in respect of the margin

Apr 7, 2011 Overseas forex trading through electronic / internet trading portals. Attention of the Authorised Dealer Category - I (AD Category - I) banks is 

Feb 24, 2020 · No Indian citizen can undertake forex trading in India through any electronic or online forex trading platform. The RBI had issued a circular in 2013 prohibiting overseas forex trading through electronic or internet trading portals. However, there RBI: Individuals Banned From FX Trade | Institutional Investor RBI: Individuals Banned From FX Trade. or overseas markets. RBI also said that transfer of funds in any form towards overseas FX trading through electronic/Internet trading portals is not HDFC BANK Remittance in any form towards overseas foreign exchange trading (including through electronic/internet trading portals or by use of Credit/Debit Cards) is strictly prohibited. Customers are cautioned not to remit or deposit money or utilize credit/debit cards/account for such transactions. FOREIGN EXCHANGE TRADING ON CITIBANK CARDS IS … from trading in foreign exchange in domestic and overseas market. •The Reserve Bank of India (RBI) has clarified many times that remittance in any form towards overseas foreign exchange trading (including through electronic/internet trading portals or by use of credit/debit cards) is not permitted.

Nov 26, 2011 · Exercise caution on online forex trade payments: RBI to banks been introduced on a number of internet and electronic trading portals, luring Indian residents with offers of guaranteed high

Is binary options trading legal in India? - Quora Apr 02, 2016 · Binary Options — In my opinion are nothing but glorified way of gambling. Many would say the same about Options Trading on Stocks, Indices , Currency and Commodities. But there is a difference. In Binary Options you take an either/or chance. Your Banks cautious after RBI forex directive - Times of India Jan 30, 2014 · Banks cautious after RBI forex directive trading over electronic/internet portals or by use of credit/debit cards. continue to undertake online trading in foreign exchange on portals or How much Forex can I carry from India? - Quora The RBI had issued a circular in 2013 prohibiting overseas forex trading through electronic or internet trading portals. However, there is a subjective situation where the answer to "Is trading in forex legal in India?" actually is Yes! You may ask where? Well, forex trading is legal only when one does it through forex trading platforms and the base currency is INR.

HDFC BANK

RBI: Individuals Banned From FX Trade. or overseas markets. RBI also said that transfer of funds in any form towards overseas FX trading through electronic/Internet trading portals is not HDFC BANK Remittance in any form towards overseas foreign exchange trading (including through electronic/internet trading portals or by use of Credit/Debit Cards) is strictly prohibited. Customers are cautioned not to remit or deposit money or utilize credit/debit cards/account for such transactions.

Exercise caution on online forex trade payments: RBI to ...

Jun 10, 2019 · Here I explained the trade forex legally from india and to know more information visit this article. Is Forex Trading Legal in India? Know Everything About Forex Trading Foreign exchange is the largest decentralised global market where every curre Which areas in India trade Forex regularly? - Quora Feb 24, 2020 · No Indian citizen can undertake forex trading in India through any electronic or online forex trading platform. The RBI had issued a circular in 2013 prohibiting overseas forex trading through electronic or internet trading portals. However, there RBI: Individuals Banned From FX Trade | Institutional Investor RBI: Individuals Banned From FX Trade. or overseas markets. RBI also said that transfer of funds in any form towards overseas FX trading through electronic/Internet trading portals is not

Individuals cannot trade in forex market: RBI - The ... Feb 21, 2011 · RBI cautioned investors against advertisements issued by certain electronic and internet portals offering trading or investing in foreign exchange with guaranteed high returns. Many companies even engage agents who personally contact gullible people to undertake forex trading and investment schemes and entice them with promises of disproportionate or exorbitant returns, it said. Is Forex trading in India illegal? Check RBI notification ... Apr 17, 2012 · The RBI’s instruction comes in the wake of introduction of overseas foreign exchange trading on a number of Internet and electronic trading portals, luring the residents with offers of guaranteed high returns based on such forex trading. Several people have lost heavily in forex trade through Internet portals in the recent past. Exercise caution on online forex trade payments: RBI to ...