{"id":2914,"date":"2022-06-22T05:36:48","date_gmt":"2022-06-22T05:36:48","guid":{"rendered":"https:\/\/rvkassociates.com\/blog\/?p=2914"},"modified":"2022-06-22T05:37:51","modified_gmt":"2022-06-22T05:37:51","slug":"modification-in-the-operational-guidelines-for-foreign-portfolio-investorsdesignated-depository-participants-and-eligible-foreign-investors-bank-accountdetails-to-which-the-payment-is-to-be","status":"publish","type":"post","link":"https:\/\/rvks.in\/blogs\/modification-in-the-operational-guidelines-for-foreign-portfolio-investorsdesignated-depository-participants-and-eligible-foreign-investors-bank-accountdetails-to-which-the-payment-is-to-be\/","title":{"rendered":"Modification in the Operational Guidelines for Foreign Portfolio Investors, Designated Depository Participants and Eligible Foreign Investors \u2013 Bank account details to which the payment is to be done electronically"},"content":{"rendered":"\n<p class=\"has-text-align-right\">June 21, 2022<\/p>\n\n\n\n<p><strong>To,<\/strong><\/p>\n\n\n\n<ol class=\"is-style-none wp-block-list\"><li><strong>All Foreign Portfolio Investors (&#8220;FPIs&#8221;) through their Designated Depository<br>Participants (&#8220;DDPs&#8221;)<\/strong><\/li><li><strong>Designated Depository Participants (&#8220;DDPs&#8221;)\/Custodians<\/strong><\/li><\/ol>\n\n\n\n<p class=\"has-text-align-justify\">1. \u2018Annexure D\u2019 of the \u2018Operational Guidelines for Foreign Portfolio Investors, Designated Depository Participants and Eligible Foreign Investors\u2019, issued vide SEBI Circular No. IMD\/FPI&amp;C\/CIR\/P\/2019\/124 dated November 05, 2019 (hereinafter referred to as \u2018the Operational Guidelines\u2019), inter-alia, specifies Bank account details for remittance of various payment of various SEBI fees in US $.<\/p>\n\n\n\n<p>2. In order to facilitate faster confirmation of remittances by the intermediaries, necessary arrangement has been made for foreign inward remittances in the following account :<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\">Name of the Bank Account<\/td><td class=\"has-text-align-center\" data-align=\"center\">Securities and Exchange Board of India<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Name of Bank, Branch<\/td><td class=\"has-text-align-center\" data-align=\"center\">ICICI Bank Ltd.,<br>Bandra Kurla Complex,<br>Bandra (East),<br>Mumbai 400051<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Bank Account No.<\/td><td class=\"has-text-align-center\" data-align=\"center\">055501001994<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">IFSC Code<\/td><td class=\"has-text-align-center\" data-align=\"center\">ICIC0000555<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">MICR Code No.<\/td><td class=\"has-text-align-center\" data-align=\"center\">400229029<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Swift Code No.<\/td><td class=\"has-text-align-center\" data-align=\"center\">ICICINBBNRI<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>3. All other provisions of the Operational Guidelines shall remain unchanged. The provisions of this circular shall be applicable with effect from June 24, 2022.<\/p>\n\n\n\n<p>4. This circular is issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992.<\/p>\n\n\n\n<p>5. A copy of this circular is available at the web page \u201cCirculars\u201d on our website www.sebi.gov.in.<\/p>\n\n\n\n<p class=\"has-text-align-right\">Yours faithfully,<\/p>\n\n\n\n<p class=\"has-text-align-right\"><br><strong>Chandrakanta Mitra<br>Deputy General Manager<\/strong><\/p>\n\n\n\n<p><strong>Circular :<\/strong> <a href=\"https:\/\/www.dropbox.com\/s\/il7h3gkntjt2fq1\/Modification%20in%20the%20Operational%20Guidelines%20for%20Foreign%20Portfolio%20Investors%2C%20Designated%20Depository%20Participants%20and%20Eligible%20Foreign%20Investors%20-%20Bank%20account%20details%20to%20which%20the%20payment%20is%20to%20be%20done%20electronically.pdf?dl=0\">https:\/\/www.dropbox.com\/s\/il7h3gkntjt2fq1\/Modification%20in%20the%20Operational%20Guidelines%20for%20Foreign%20Portfolio%20Investors%2C%20Designated%20Depository%20Participants%20and%20Eligible%20Foreign%20Investors%20-%20Bank%20account%20details%20to%20which%20the%20payment%20is%20to%20be%20done%20electronically.pdf?dl=0<\/a> <\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>June 21, 2022 To, All Foreign Portfolio Investors (&#8220;FPIs&#8221;) through their Designated DepositoryParticipants (&#8220;DDPs&#8221;) Designated Depository Participants (&#8220;DDPs&#8221;)\/Custodians 1. \u2018Annexure D\u2019 of the \u2018Operational Guidelines for Foreign Portfolio Investors, Designated Depository Participants and Eligible Foreign Investors\u2019, issued vide SEBI Circular No. IMD\/FPI&amp;C\/CIR\/P\/2019\/124 dated November 05, 2019 (hereinafter referred to as \u2018the Operational Guidelines\u2019), inter-alia, specifies [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2570,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,85],"tags":[88],"class_list":["post-2914","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-circulars","category-sebi","tag-sebi"],"_links":{"self":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/2914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/comments?post=2914"}],"version-history":[{"count":2,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/2914\/revisions"}],"predecessor-version":[{"id":2916,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/2914\/revisions\/2916"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media\/2570"}],"wp:attachment":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media?parent=2914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/categories?post=2914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/tags?post=2914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}