Please refer to FEPD CIRCULAR NO. 09 DATED 30.05.2013 in terms of which Authorized Dealers (ADs) may allow their cardholder customers to use ICCs for online payment not exceeding USD 100.00 (US Dollar one hundred) or its equivalent at a single transaction against legitimate purchases of items of goods and services (such as downloadable application software, e-books etc.) from reputed and reliable sources abroad.
- It has now been decided to enhance the limit to USD 300 (US Dollar three hundred) per transaction, and also to include magazine/newspaper subscription fees as admissible for such purchase.
- Other instructions of FE Circular No. 09, dated May 30, 2013 shall remain unchanged.
Please bring the contents of this circular to the notice of all concerned.