A.P. (DIR Series) Circular No.84 Dated February 29, 2012 A.P. (DIR Series) Circular No.15 Dated July 28, 2014 A.P (Dir Series) Circular No.50 Dated February 11, 2016

RBI/2018-2019/145
A.P. (DIR Series) Circular No. 25 March 20, 2019
To,
All Authorised Dealers in Foreign Exchange
Madam / Sir,
Compilation of R-Returns: Reporting under FETERS
Attention of Authorised Dealer (Category I) banks is invited to A.P. (DIR Series) Circular No.84
dated February 29, 2012, A.P. (DIR Series) Circular No.15 dated July 28, 2014 and A.P (DIR
Series) Circular No.50 dated February 11, 2016 giving guidelines for compilation of R-Returns
for reporting under the Foreign Exchange Transactions Electronic Reporting System
(FETERS).
2. In order to facilitate compilation of estimates of bilateral trade in services, it has been decided to
incorporate an additional field for capturing the country code of ultimate exporter/importer in the BoP
file-format under FETERS. In case of export of services, bank may use the transaction information
available with them to report country-code of the ultimate exporting country, whereas Form-A2 is
being revised here for capturing the required country information for import of services.
3. The details of the additional field is as follows:

i. BoP file-format under FETERS
Field Format Remarks
Country Code (SWIFT Code) Char(2) To be added at the end of BOP file format
of ultimate exporter/importer
ii. Form A2 - If payment is for import of services (Purpose Group Nos. 02, 03, 05, 06,
07, 08, 09 10, 11, 15, 16 or 17), please indicate:
"Name of the country providing ultimate services: ..................... "
The Form A2 (revised) and the file format (revised) of the BOP file for reporting under FETERS are
given in Annex I and Annex II, respectively.
4. The revised format is for reporting of R-Returns on fortnightly basis (15th and end-month) for forex
transactions performed w.e.f. April 01, 2019. AD Banks should make the required changes in their
work-flows and information systems to capture the required additional data accordingly to comply with
the guidelines.
5. The directions contained in this circular have been issued under Sections 10(4) and 11(1)
of the Foreign Exchange Management Act, 1999 (42 of 1999) and are without prejudice to
permissions / approvals, if any, required under any other law.
Yours faithfully,
(Ajay Kumar Misra)

Chief General Manager -in -Charge
Annex I
FORM A2
(To be completed by the applicant)
(For payments other AD Code No.__________________________
than imports of
Form No._____________________________
goods and
remittances (To be filled in by the Authorised Dealer)
covering
Currency_____ Amount ___Equivalent to Rs. _______
intermediary trade)
Application for (To be completed by the Authorised Dealer)
Remittance Abroad
I/We _____________________________________________________________
(Name of applicant remitter)
PAN No. __________________________________________________________
Address___________________________________________________________
authorize
__________________________________________________________________
(Name of AD branch)
To debit my Savings Bank/ Current/ RFC/ EEFC A/c. No. ____________________
together with their charges and
* a) Issue a draft: Beneficiary's Name _________________________________
Address _________________________________
* b) Effect the foreign exchange remittance directly –
1) Beneficiary's Name __________________________________
2) Name and address of the bank __________________________________
3) Account No. __________________________________
* c) Issue travellers cheques for __________________________________
* d) Issue foreign currency notes for __________________________________
Amount (specify currency) __________________________________
* (Strike out whichever is not applicable) for the purpose/s indicated below
2) To be filled in by residents only if the remittance is made under LRS
Sr. Whether under LRS Purpose Code Description
No. (Yes/No)
(3) Payment for import of services (Purpose Group Nos. 02, 03, 05, 06, 07, 08, 09
10, 11, 15, 16 or 17), please indicate:
“Name of the country providing ultimate services: …………….”

(Remitter should put a tick (√) against an appropriate purpose code. In case of doubt/
difficulty, the AD bank should be consulted).
Declaration
(Under FEMA 1999)
1. I, ………………. …………(Name), hereby declare that the total amount of foreign
exchange purchased from or remitted through, all sources in India during the
financial year including this application is as per the extant FEMA Regulations and
certify that the source of funds for making the said remittance belongs to me and the
foreign exchange will not be used for prohibited purposes / Foreign exchange
purchased from you is for the purpose indicated above.
Details of the remittances made/transactions effected under the Liberalised

Remittance Scheme in the current Financial Year (April-March)…………
Sr. Date Amount Name and address of AD branch/FFMC through

No. which the transaction has been effected
Signature of the applicant
(Name)
Date:
Certificate by the Authorised Dealer

This is to certify that the remittance is not being made by/ to ineligible entities and that
the remittance is in conformity with the instructions issued by the Reserve Bank from
time to time under the Scheme.
Name and designation of the authorised official:

Stamp and seal
Signature:
Date:
Annex II
FETERS File Layouts
1. BANKCODE_BOP6.TXT relating to transactions involving sale and purchase of foreign
exchange (excluding inter-office, inter-bank, RBI transactions) during the reporting fortnight

AD Code Char (7) BSR Part-1 Uniform
Code
Fortnight-end Date YYYYMMDD
Transaction Date YYYYMMDD Valid date within
fortnight
Serial No. Num. (4)
Purpose Code Char (5) Purpose code starting
with P/S (Part A/B of
Annex I)
Country Code Char (2) SWIFT code
Currency Code Char (3) SWIFT code
Amount [in Foreign Currency (FC)] Num. (15)
Date of Shipment YYYYMMDD
LC char (1) 1 for Yes; 0 for No
Country of Vostro a/c Holder char (2) SWIFT code
Country Code of ultimate Char (2) SWIFT Code
exporter/importer
2. BANKCODE_QE.TXT for Cover Page Totals

A.D. Code Char (7)
Fortnight-end date YYYYMMDD
Serial Number Num. (4)
Purpose Code Char (5) As per Part C of Annex I
Country of Vostro A/c holder Char (2)
Currency Char (3)
Amount in Currency Num. (15)
Return (Vostro/Nostro) Char (1) V for Vostro; N for Nostro

A.P. (DIR Series) Circular No.84 Dated February 29, 2012 A.P. (DIR Series) Circular No.15 Dated July 28, 2014 A.P (Dir Series) Circular No.50 Dated February 11, 2016

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RBI/2018-2019/145

A.P. (DIR Series) Circular No. 25 March 20, 2019

3. The details of the additional field is as follows:

"Name of the country providing ultimate services: ..................... "

(Ajay Kumar Misra)

“Name of the country providing ultimate services: …………….”

Details of the remittances made/transactions effected under the Liberalised

Sr. Date Amount Name and address of AD branch/FFMC through

Signature of the applicant

Certificate by the Authorised Dealer

Name and designation of the authorised official:

Field Format Remarks

2. BANKCODE_QE.TXT for Cover Page Totals

Field Format Remarks

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