A bank or financial institution authorised by RBI under Section 10 of FEMA to deal in foreign exchange. AD Category-I banks (scheduled commercial banks) can handle all forex transactions; AD Category-II handles limited transactions.
Last updated: 17 May 2026
A bank or financial institution authorised by RBI under Section 10 of FEMA to deal in foreign exchange. AD Category-I banks (scheduled commercial banks) can handle all forex transactions; AD Category-II handles limited transactions.
Authorised Dealer is significant under FEMA because A bank or financial institution authorised by RBI under Section 10 of FEMA to deal in foreign exchange. AD Category-I banks (scheduled commercial banks) can handle all forex transactions; AD Category-II handles limited transactions.
Authorised Dealer under FEMA applies to companies, professionals, and individuals involved in FEMA-related compliance and regulatory matters in India. Specifically: A bank or financial institution authorised by RBI under Section 10 of FEMA to deal in foreign exchange. AD Category-I banks (scheduled commercial bank...