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    Citibank certifies receiving a remittance of Rs. 689.82 from Amazon.com through Citibank New York. The foreign currency amount was USD 8.74, which was equivalent to Rs. 689.82 at an exchange rate of 78.93. The remittance was credited to Jain Jewelelrs' account at State Bank of India for the purpose of goods sold under merchanting/receivables. Citibank confirms obtaining reimbursement through approved channels and that the payment was not received in non-convertible rupees or under a special trade agreement.

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    Citibank certifies receiving a remittance of Rs. 689.82 from Amazon.com through Citibank New York. The foreign currency amount was USD 8.74, which was equivalent to Rs. 689.82 at an exchange rate of 78.93. The remittance was credited to Jain Jewelelrs' account at State Bank of India for the purpose of goods sold under merchanting/receivables. Citibank confirms obtaining reimbursement through approved channels and that the payment was not received in non-convertible rupees or under a special trade agreement.

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    12 views1 page

    This Is A Computer Generated Advice and No Signature Is Required.

    Uploaded by

    haymanpens us
    Citibank certifies receiving a remittance of Rs. 689.82 from Amazon.com through Citibank New York. The foreign currency amount was USD 8.74, which was equivalent to Rs. 689.82 at an exchange rate of 78.93. The remittance was credited to Jain Jewelelrs' account at State Bank of India for the purpose of goods sold under merchanting/receivables. Citibank confirms obtaining reimbursement through approved channels and that the payment was not received in non-convertible rupees or under a special trade agreement.

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    of 1

    ADS -CITIN22338635933

    Ref No : CITIN22338635933
    Date : 26.09.2022

    We certify that we have received the following remittance and proceeds thereof were paid

    To STATE BANK OF INDIA, SECTOR 20 PANCHKULA

    For Rs. 689.82 On 21.09.2022

    For credit to Jain Jewelelrs

    Account no 39988484502

    Name & Place of residence of Remitter : Amazon.com

    Name & address of the Remitting Bank : CITIBANK NEWYORK

    DD/TT/MT NO : A40220920027555

    Foreign. Currency Amount USD *8.74* Equivalent INR *689.82*

    Amount in words : Rupees Six Hundred Eighty-Nine and Eighty-Two Paise Only

    Rate Applied : 78.93

    Purpose of remittance as stated by * Remitter /Beneficiary : P0108/USD 8.74/Goods sold under merchanting /
    Rece

    We also certify that the payment thereof has not been received in non-convertible

    Rupees or under any special trade or payments agreement.


    We confirm that we have obtained reimbursement in an approved manner.

    * Strike out whichever is inapplicable.

    “This is a computer generated advice and no signature is required.”

    “In case the funds have been received in INR only through the vostro route, no FCY amount / rate would be mentioned in the
    Advice and the said remittance should be construed as having been received through the vostro route.”
    “Please note as per terms 16 (1) (i), (ii), (iii) under notifications of FEMA 23/2000-RB , Master Direction – Export of Goods
    and Services dated January 1,2016 that relates to the export of goods and services, where an exporter receives an advance
    payment from a buyer outside India, the exporter is under obligation to ensure that the shipment of goods is made within one
    year from the date of receipt of advance payment. The Exporter is also under obligation to route the export documents
    through the authorized dealer through whom the advance payment is received.”
    “If you find the purpose of remittance mentioned in this Foreign Inward Remittance Advice be incorrect, you are requested to
    inform your nearest Citibank Branch within 48 hours of receipt of the same.”
    “In the event the remittance constitutes External Commercial Borrowing (ECB) / Loan draw down, the beneficiary must
    ensure that prevailing FEMA guidelines with regards to ECB are complied.”

    Citibank N.A

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