misccircularno_53_ow-xxiii_bob_2013_6_august_2013.pdf
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7/27/2019 MiscCircularNo_53_OW-XXIII_BOB_2013_6_AUGUST_2013.pdf
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Foreign Exchange Dealers Association of India173, Maker Tower F,
Cuffe Parade,
Mumbai - 400 005.
Tel.: 2218 2549 / 2218 4432Telefax : 2218 9946
E-mail :[email protected] :www.fedai.org.in
Misc. Circular No.53/OW-XXIII/BOB/2013 6th August 2013
ATTN. : TRAINING DIVISION
LAST DATE FOR RECEIVING NOMINATIONS is 21ST OCTOBER 2013
Dear Sir,
FEDAI One week Orientation Workshop on FOREX under XXIII Series (2013) inNew Delhi from 28th October to 2nd November 2013 (OW- 06)
We are pleased to advise that under the auspices of Reserve Bank of India and FEDAI, Bankof Baroda will be conducting the One Week Orientation Workshop (Non-Residential) under thenew XXIII Series (2013) in New Delhi as per details given below.
VENUE CONTACT DETAILS PERIOD ANDTIMINGS
Bank of BarodaTraining Centre4th Floor, Rajendra BhawanRajendra PlaceNew Delhi 110 008Tel: 011 2578 1316Fax: 011 2581 9564Email:[email protected]
CHIEF CO-ORDINATORMr. Rakesh Kumar AroraChief ManagerCell : 098685 38641
LOCAL CO-ORDINATORMr. Jitendra SinghSenior Manager & FacultyCell: 099536 22145
From Monday, 28th Octoberto Saturday, 2nd November2013 (Both days inclusive)
From 9.30 a.m. to 5.00 p.m.
1. BACKGROUND: With the ongoing process of liberalisation in exchange managementthere are host of opportunities for member banks to develop their foreign exchange andinternational banking business. It is therefore, imperative that member banks officersneed to possess knowledge of FOREX business and also develop skills for handlingsuch business.
2. OBJECTIVE: With a view to provide training support to member banks this workshop isorganised to impart knowledge in foreign exchange business and also to honeoperational skills of officers to handle forex transactions in the liberalised environment.Participation in the workshop conducted by FEDAI will also enable officers of memberbanks to network with each other for development of knowledge and skills.
3. FACULTY: From FEDAI and experienced faculty from member bank and other marketparticipants having operational experience of FOREX business.
P.T.O.
mailto:[email protected]:[email protected]:[email protected]://www.fedai.org.in/http://www.fedai.org.in/http://www.fedai.org.in/mailto:[email protected]:[email protected]:[email protected]:[email protected]://www.fedai.org.in/mailto:[email protected] -
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4. TARGET GROUP: Junior and Middle level officials from member banks responsible forhandling forex business at authorised branches, non-authorised branches,administrative offices and also officials responsible for foreign exchange business
development. Officials likely to be inducted in to forex business and from C Categorybranches may also be deputed. Considering the usefulness of the workshop, memberbanks may also be requested to depute their concurrent / internal auditors andinspecting officers.
5. INPUTS TO BE PROVIDED :i. Overview of FOREX Business, Transactions and Current Foreign Trade Policy
ii. Forex Remittance & Accounts facilities to Residents and NRIs
iii. Documentary Credits and Standby Credits
iv. FEMA 1999 on Exports & Imports and related remittances and Preventions under
FEMA1999 with reference to KYC and PMLA
v. Export Finance, ECBs and FCNR(B) Loans, ODI/FDI
vi. ECGC, Marine Insurance, Encashment of FTCs & Foreign Currency Notes. vii. Role/Rules of FEDAI
viii. Exchange Rates and Risk Management
6. PARTICIPATION FEE: Participation fee of Rs. 12,000/- per participant which includesthe cost of lunch, tea, coffee and reading material in the form of Workshop Books to begiven to participants free of cost. Participants of the workshop will be entitled for aCertificate of Participation. Member banks are requested not to deduct TDS whileremitting the participation fees as per the Guidelines.
The Cheque favouring FEDAI towards participation fee should be sent to FEDAI,Mumbai, directly in advance, or handed over to the Chief Co-ordinator at the time of theworkshop. Alternatively, member banks may remit participation fee directly to FEDAI by
NEFT as detailed hereunder:
a) Beneficiary Name : Foreign Exchange Dealers Association of Indiab) Our Banks Name : Canara Bank, Cuffe Parade Br. Mumbai- 400005c) Account Type : Savings Bankd) Account No. : 1879101005526e) IFSC Code : CNRB0001879
Member banks are requested to nominate officers from their branches in New Delhi and nearbyplaces for the above workshop and advise the names to Mr. Rakesh Kumar Arora,Chief Manager and Chief Co-ordinator OR Mr. Jitendra Singh, Senior Manager and LocalCo-ordinatorat the contact address given above. Since the nominations are accepted on
First-cum-First basis, member banks should ensure that nominations are received on orbefore 21st October 2013.
With regards,
Yours faithfully,
Chief Executive
Please send all your communications toour special email id for training purpose
mailto:[email protected]:[email protected]:[email protected]