Foreign Exchange Transactions

Foreign Exchange Transactions

Foreign exchange reserves are perceived as an important and valuable economic wealth by most of the countries particularly the developing countries and hence a lot of restrictions, statutory controls and compliances are imposed by the governments. Also, such controls over foreign exchange transactions are exercised in order to keep vigil on illegal transactions. Non-compliance with the laid down regulations may frustrate the perceived objective or may at times invite penal actions. We take pride in asserting that we are well equipped and experienced to advise on all such matters. Our services include advising, seeking permissions or reporting on transactions such as:

• Foreign Direct Investments
• Overseas Direct Investments
• External Commercial Borrowings
• Remittances
• Foreign Currency bank accounts