1. Memorandum of Instructions for Opening and Maintenance of Rupee / Foreign Currency Vostro Accounts of Non-resident Exchange Houses RBI has vide circular RBI/2014-15/257 A.P. (DIR Series) Circular No.35 dated 9th October, 2014 decided to permit remittances to the Prime Minister’s National Relief Fund through the Exchange Houses subject to the condition that the remittances are directly credited to the Fund by the banks and the banks maintain full details of the remitters. 4. Know Your Customer (KYC) Norms – Clarification on proof of address The Reserve Bank of India (“RBI”) has issued a circular RBI/2014-15/273 UBD. BPD (PCB). Cir.No. 22/14.01.062/2014-15 dated October 22, 2014 in which banks are advised to ensure that customers are not unnecessarily asked to submit additional proofs of addresses for current addresses in cases where proofs of addresses for permanent addresses are already available. h.