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IFSCA
INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY

CIRCULAR File No. 05/IFSCA/Bank Account/2020-21 | April 04, 2022

To,
The entities required to pay fee to IFSCA

Subject: Account Details for fee to be remitted to IFSCA

This has reference to the IFSCA circular no. IFSCA-PLNP/1/2021-Capital Markets/001 dated September 08, 2021 (copy enclosed) on the captioned subject. In this regard, it is hereby informed that existing SWIFT code of the USD current account has changed from ICICINBBIBU to ICICINAAXXX.

2. This is for information and further necessary action please.

Denning K Babu
Deputy General Manager
denning.babu@ifsca.gov.in

 

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

 

2. However, entities coming from India (except GIFT-IFSC) will have the option to pay the Application Fee and Registration Fee (for grant of registration by IFSCA) in INR into the account of IFSCA mentioned below:

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

3. For the entities remitting the fee in INR, the latest RBI reference rate available at https://www.fbil.org.in/#/home (which would normally be 7 days before the current date) will be considered.

Deninng K Babu
Deputy General Manager
denning.babu@ifsca.gov.in

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