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The International Financial Services Centres Authority specifies the bank account details for fee remittances in USD and INR. Entities must pay fees in United States Dollars through the designated USD Current Account at ICICI Bank Limited. Entities from India, except those in GIFT-IFSC, hold the option to pay application and registration fees in Indian Rupees through the designated INR Current Account at State Bank of India. For INR remittances, entities consider the latest Reserve Bank of India reference rate available on the Financial Benchmarks India Private Limited website.
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[Image omitted. See the official document.]
CIRCULAR
IFSCA-PLNP/1/2021-Capital Markets/001
September 08, 2021
To,
The entities required to pay fee to IFSCA
Subject: Account Details for fee to be remitted to IFSCA
The fee as specified in the relevant circular(s) of IFSCA need to be remitted to the following account of IFSCA in USD:
Account Name: International Financial Services Centres Authority Account Number: 970105000174 Type of Account: USD Current Account Bank Name: ICICI Bank Limited SWIFT Code: ICICINBBIBU NOSTRO Details: BOFAUS3N, Bank of America, N.A., New York Branch, A/c no: 6550491848
Account Name: IFSCA FUND 2 Account Number: 39907189884 Name of the Bank: State Bank of India Type of Account: INR Current Account IFSC Code: SBIN0060228
Deninng K Babu Deputy General Manager denning.babu@ifsca.gov.in
