BAL

[Paragraph 5 B.2(ii) and (iii)]

Statement of foreign currency balances held abroad by authorised dealers and balances held in non-resident rupee/ACU Dollar accounts of overseas branches and correspondents as at the end of ____________________(Month and Year)

Name and address of Authorised Dealer_________________________A.D.Code
No.___________
Foreign Currency balances held abroad in
Current
Account@
Balances held by overseas
branches and correspondents
in non-resident accounts in
Indian
Rupees*
ACU
Dollars#
Country Currency
Credit Debi
t
Fixed
Deposits
Treasury
bills
Securities Loans Total
(1) to
(6)
Credi
t
Debit Credit Debit
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11)
U.K. Stg.
U.S.A. US $
Canada Can. $
Switzerland
Sw. Fcs.
France F. Fcs.
Australia Aus. $
Etc. Etc.
(Specify) (Specify)
ACU
Countries
(Specify)
ACU
Dollar
@ Net balances should be reported in Column 1 or 2 as appropriate.
* Net balances should be reported in Column 8 or 9 as appropriate.
# Net balances should be reported in column 10 or 11 as appropriate.,
__________________________
(Signature of Authorised Official)
Place: _________________ Name : ______________________________
STAMP
Date : _________________ Designation__________________________
Chart showing the effect and reporting of ACU dollar
Account Transactioins
(Vostro Account)
Sr. ACU dollar Account maintaining Bank Importer’s Bank Exporter’s Bank
No.
Description
of Transaction Effect in
Nostro
Account
Reporting Effect in
ACU Dollar
Account
Reporting Effect in
Nostro
Account
Reporting Effect in
Nostro
Account
Reporting
1. Funding-
Inward
Credited R2-Receipt Credited R5 Funding - - - -
Remittance (Interbank) (Column 5)
2. Payment by Credited R2-Receipt Credited R5 Imports Debited R-2-Payment - -
Indian (Interbank) (Column 3) (Interbank)
Importers
2A. If both are
same
- - Credited R5-Imports - - - -
Bank
3. Payment by Credited R2-Receipt Credited R5-Non-Imports Debited R2-Payment - -
Indian (Interbank) (Interbank)
3A. If both are - - Credited R5-Non-Imports Debited
Same bank
4. Receipt by Debited R2-Payment Debited R5-Exports - - Credited R2-Receipt
Indian Exporter (Interbank) (Column 7) (Interbank)
4A. If both are - - Debited R5-Exports - - - -
same bank (Column 7)
5. Receipt by Debited R2-Payment Debited R5-Non-Exports - - Credited R2-Receipt
Indian (Interbank) (Column 9 or 10) (Interbank)
Non-Exports
5A. If both are - - Debited R5-Non-Exports - - - -
same bank (Column 9 or 10)
6. Funding Debited R2-Payment Debited R5-Funding - - - -
Outward (Interbank) (Column 8)
Remittance
Notes : i) In the event of transactions at Sr.Nos. 1 to 6 Nostro Account of "Vostro ACU dollar Account
maintained bank" is affected.
ii) In the event of transactions at Sr.Nos.2, 3 4 and 5, Nostro Account of Importer's/Exporter's Bank is
also affected.
iii) In the event of transactions at Sr.Nos.2A, 3A and 5A, there is no effect on any Nostro Account.