Finance
DoggfatherRBI ka draft: Retail forex fees ab full disclosure, g
Yo, check it! RBI's droppin' a draft circular, lettin' all the authorised dealers know they gotta spill the beans on forex transaction costs for retail users. This goes down by January 9, 2026, and it's all about keepin' things transparent, g. No more hidden fees, just the real deal on remittance fees, FX rates, and conversion charges, fo' shizzle!
few days ago | Anjali Kumari
Quick rundown
1.RBI mandates full disclosure of forex transaction costs.
2.Feedback on the draft circular is open until January 9, 2026.
3.Dealers must break down all fees for retail forex users.
4.New rules build on January 2024 transparency mandates.
5.RBI aims to enhance transparency in forex transactions.
