RBI Updates Bank Account Details for Compounding Fees Under FEMA, 1999:

RBI Updates Bank Account Details for Compounding Fees Under FEMA, 1999 The Reserve Bank of India (RBI) recently shared a notification on November 24, 2025 regarding amendments to Directions- Compounding of Contraventions under FEMA, 1999. Chief General Manager in Charge of RBI added that the authorities have decided to update the bank account details where people need to pay the compounding application fee and the compounding amount. These payments can now be made through National Electronic Fund Transfer (NEFT) and Real Time Gross Settlement (RTGS).

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He added, All authorised persons are requested to inform their clients or constituents about these updated guidelines. These instructions have been issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999, and do not affect any other permissions or approvals that may be required under other laws.