RBI Guidelines for FFMC License Holders -

The Reserve Bank of India (RBI) has established comprehensive guidelines for FFMC (Full Fledged Money Changers) license holders to ensure the integrity and efficiency of foreign exchange operations. These guidelines cover a range of areas including eligibility criteria, operational standards, compliance requirements, and reporting obligations. FFMC license holders must adhere to strict KYC (Know Your Customer) norms, maintain detailed transaction records, and submit regular reports to the RBI.

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